ISLAMABAD: Pakistan’s economic managers are all set to launch a major scheme for luring commercial banks to establish joint ventures with hundreds of branches of international banks operating at selected destinations in Gulf, Europe, USA, Malaysia and others to boost up remittances from overseas … Continue reading →

The Habib Bank Limited has announced its decision to wind up operations in New York following intimation from the state's financial regulator as it seeks to impose a hefty penalty of nearly $630 million on the bank, it emerged on Monday.The fine is going to be imposed for violation of the … Continue reading →