Search Results for 'Banks'

ICBC, China Banks Drop on Reserve Requirement Boost

ICBC, China Banks Drop on Reserve Requirement Boost

Industrial & Commercial Bank of China Ltd. fell to an 11-month low in Shanghai trading, leading banks lower after they were told to set aside more deposits as reserves for a fifth time this year, reducing funds available for lending. [...]

Posted On : Jun, 10 2008 | Comments : 0

Banks directed to take measures stemming fake currency

Banks directed to take measures stemming fake currency

State Bank of Pakistan (SBP) has counseled all banks to set up essential equipments and machines for the detection of fake currency at least in their main branches, which could also be used by the people free of cost. SBP circular carryin [...]

Posted On : Jul, 13 2007 | Comments : 0

Banks foreign assets value reach at Rs867 billion

Banks foreign assets value reach at Rs867 billion

The worth of the overseas resources in banks throughout the eleven months of previous financial year surged by Rs107 billion, while the loans to private sector by Rs284 billion. State Bank of Pakistan (SBP) released monetary survey said tha [...]

Posted On : Jul, 08 2007 | Comments : 0

Islamic banks deposits surge by 11 percent

Islamic banks deposits surge by 11 percent

The worth of Islamic banks places throughout January-March 2007 rolling by 11 percent went beyond Rs93 billion. State Bank of Pakistan (SBP) released figures showed that the amount of Islamic banks deposits in December 2006 was Rs83.74 bi [...]

Posted On : Jul, 07 2007 | Comments : 0

Prime Banks sale deal to ABN AMRO finalized

Prime Banks sale deal to ABN AMRO finalized

Prime Commercial Bank handout released to the Karachi stock market said that the matters relating to the sale deal of the major share holding of the Prime Bank have been finalized and the process for the purchase of such share holdings, whi [...]

Posted On : Mar, 06 2007 | Comments : 0