Tag: #Bank
-
Standard Chartered’s Market Outlook event offers key insights on local and global economic trends
Karachi, 07 October 2024: Standard Chartered held a Market Outlook event, “Navigating Market Trends & Investment Opportunities” in Karachi. This was the third session in a series of market outlook events that the Bank hosts for its clients throughout the year. The event brought together the Bank’s Affluent clients, leading economists, and experts from its…
-
Standard Chartered Bank and the IFC enter a Risk-Participation Agreement
Karachi, 13 November 2023: Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation. The USD 200 million PKR equivalent programme, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC…
-
Standard Chartered Bank donates millions to Mayo Hospital
17 September, 2021, Lahore, (Press Release): Standard Chartered Bank donates PKR 23.29 million to Mayo Hospital Lahore through Sightsavers International as part of its COVID-19 relief efforts. Standard Chartered Bank has donated PKR 23.29 million to Mayo Hospital Lahore through Sightsavers International. Through this amount, Mayo hospital will purchase 24 cardiac monitors and 25 high-flow…
-
Spanish Bank Santander to End Coal Sector Support
Spanish bank Santander will end support for the coal sector.
-
The Asian Development Bank’s Five Year Global Bond
MANILA, Jan. 28 (Xinhua/APP): The Asian Development Bank (ADB) announced on Thursday that it priced a 4.5-billion-U.S. dollar five-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. The Manila-based bank said the five-year bond, with a coupon rate of 0.5 percent per annum payable semi-annually and a maturity date of…
-
State Bank of Pakistan Injected 75 Billion!
KARACHI, Dec 24 (APP): State Bank of Pakistan on Thursday injected Rs 75 billion into the money market for four days as reverse repo purchase through its open market operation. Total 9 bids of Rs 159 billion were offered, of which 5 of Rs 75 billion were accepted. The rate of return accepted is 7.10…
-
US Central Bankers are More Optimistic and Economic Growth
Washington, Dec 16 (AFP/APP): US central bankers are slightly more optimistic about economic growth prospects over the next two years and see an improving employment picture, the Federal Reserve said Wednesday. The rollout of vaccines against Covid-19 raises hopes that the pandemic-damaged economy can begin to return to normal, but the outlook has been complicated…
-
Libya Central Bank Unifies Exchange Rate
The Libya Central Bank has unified the exchange rate.
-
Pakistan’s Economy is Recovering: ADB
According to the ADB, Pakistan’s economy is recovering.
-
Canada’s Central Bank Holds Key Lending Rate at 0.25 Percent
Canada’s Central Bank holds the key lending rate at 0.25 percent.