DIBPL is the wholly owned subsidiary of Dubai Islamic Bank UAE. DIBPL has operated in Pakistan since 2006 with a network of 235 branches located in around 70 cities.
Economy
The PLL got four LNG cargoes at over $15 per mmBtu, which are the highest-ever rates since 2015.
HBL becomes the first bank in Pakistan to mobilize a deposit base of over Rs 3 trillion
Pakistan has formally asked China for providing loans for construction of the Mainline-1 (ML-1) of rail line from Karachi to Peshawar
Pakistani authorities have communicated five major points to Beijing officially for evolving consensus on financing agreement
China wants to provide loan in RMB currency but Islamabad says it prefers the loan in US dollars or a combination of US dollars and RMB currencies
CDC and HBL UK’s facility will provide critical credit support to ensure consumers have access to essential goods and services.
State Bank keeps monetary policy unchanged. SBP anticipates growth in demand of private sector credit, expects growth in revenues, decline in budget deficit in 2021-22
Out of a total of about Rs790bn worth of GIDC, an amount of Rs321bn had been deposited in the federal treasury as of April 2021
The investments of banks increased by 86.2pc in government securities within two years as it invested Rs6.029tr during this short span of time.