Finance, Top Stories
January 17, 2024

IMF releases $700m loan Allowance for Pakistan

In a noteworthy development for Pakistan’s economic challenges, the International Monetary Fund (IMF) IMF releases $700m loan as part of the previously agreed-upon bailout program, confirmed by State Bank of Pakistan (SBP) Governor Jameel Ahmed on Wednesday. The loan approval followed the IMF Executive Board’s completion of its first review last week, bringing the total […]

October 24, 2023

Financial Strength & Resilience: PTCL Group Dispels False Speculations on U Microfinance Bank

Islamabad, October 23, 2023: PTCL Group, the largest ICT services provider in Pakistan refutes all claims and rumors regarding the financial health of U Microfinance Bank (Ubank) its wholly-owned subsidiary. Ubank is Pakistan’s fastest-growing microfinance bank and one of the key players in the banking industry, highlights a robust and unwavering financial structure and has a […]