So finally, here is news which most bankers will not like. Standard Chartered has decided to reduce its banking staff. The news came to Reuters from confirmed sources mentioning that the bank is all ready to abridge 10% of the official and global company staff of the bank in order to cater growing costs. The… Read More Standard Chartered to Reduce Corporate & Official Banking Jobs by 10%!
National Bank of Pakistan and JS Bank has recently signed a Cash Management Agreement under which the former bank – NBP will facilitate the customers of the latter – JS Bank at designated branches all over Pakistan. In a Press Release released on Friday, it was stated that National Bank of Pakistan has more than… Read More NBP & JS Bank Collaborates for Cash Management
As of Friday, the State Bank of Pakistan have put Rs. 700 billion in the system of banks. In order to cater growing demand of paper money, which the government as well as the banks are calling for, the central bank saw an asking of Rs. 847 billion in the start of this fiscal year.… Read More SBP Put Rs. 700 Billion in The Banking System
In their recent promotional campaign to boost Bank Alfalah app – Alfa, the bank has initiated an offer to give First 500 Tickets Free. This campaign is focused towards all those customers who use Alfa (Bank Alfalah Mobile Banking App). The transaction can be proceeded in such a way that first the customers will have… Read More First 500 Tickets FREE with Alfa! Bank Alfalah’s New Campaign with Cinepax
You won’t believe it but Standard Chartered is all about discounts this Black Friday. Get on board Daraz.pk platform to buy through the bank’s debit or credit card and get applicable to a handsome discount of 15%! The maximum discount in rupees that can be availed with the card is Rs. 1500/-. Customers can make… Read More Standard Chartered Offering 15% Off @ Daraz Black Friday
The bank’s board of directors said that the fusion with Sindh Bank will be revealed as per the authorized rules and guidelines. But as per the stock filing, the members of board have unquestionably made the mind to check the information given by Sindh Bank to the people linked to prior the fusion with Summit… Read More Summit & Sindh Bank in a Dialogue for Merger
There is new method which is being implemented by banks for online outflows through credit cards, and that is by a two-step verification setup, as per the sources. We checked that banks are currently in the phase of positioning systems that will allow users of credit card to conduct online payments only after putting a… Read More Banks Introduce Verification Module for Online Payments Through Credit Cards
The National Accountability Bureau and the National Bank of Pakistan collaborated with each other for conducting training workshop of five days. The two merged in order to work on “Financial Crime Investigation”. The training session was kept at the NBP Bank’s staff college in Karachi where different officials from both organization participated. The DG of… Read More NAB & NBP Collaborates for Training Session on “Financial Crime Investigation”
Following BankIslami, Askari Bank becomes the second bank to offer card less banking services to its customers. But like the former bank involves finger print for cash withdrawal, the latter incorporates Card less withdrawing option at the ATM. Now you can do a card less cash withdrawal from your personal account. This transaction can be… Read More Askari Bank Now Allowing Card-less Cash Withdrawing from ATMs
An MoU has been signed by FINCA Microfinance Bank Limited with Bank of Punjab to provide access of Master Cards to customers. Bank of Punjab will issue a license through which FINCA will give Master Card Patented Debit Cards to the sole banking and branchless banking customers. The microfinance bank is initiating its branchless banking… Read More Bank of Punjab & FINCA Collaborates by Signing MoU
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