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Over 60pc bank loans given to textile sector, businesses: SBP Governor

KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir said that the central bank has disbursed its 60 percent loans to the textile and...

Pakistan acquired loans worth $12b since July 2021: EAD

Islamabad: According to a report published by the Economic Affairs Division (EAD), the Federal government has taken $12bn loans since July 2021.  According to the...

Bank moves LHC for loan recovery from Sharif family

LAHORE: A private bank has moved Lahore High Court (LHC) against the Sharif family for recovery of the outstanding loan amount, ARY News reported.  A...

Banks will no longer offer loans to buy imported vehicles

KARACHI: With an aim to slow down import growth and put the brakes on the ballooning trade and current deficits, the State Bank of...

PM Imran announces subsidy on federal housing project in telephone calls with public

In an unprecedented move, Prime Minister Imran Khan interacted with the general public via telephone and responded to their queries.

Bank loans case: Nawaz Sharif’s cousins likely to be indicted on Nov 20

The court summoned the accused persons on November 20 for their indictment in the cases.

As debt levels rise, Thai citizens struggle to keep up

BANGKOK: Pimpa Panlao, 31, is struggling to pay off an 80,000 baht ($2,440) bank loan and spends a third of her income from selling...

Ministers bash Tareen over loan relief, acquiring mining contracts

ISLAMABAD: The Minister for Privatization, Muhammad Zubair on Tuesday alleged that PTI leader, Jehangir Tareen got written off huge loans he acquired from banks, while the senior PTI member also owns all the mining contracts in the Khyber Pakhtunkhwa (KP) province, ARY News reported.

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