KARACHI: Pakistan’s telecom company, Ufone, has secured its largest syndicated financing facility jointly led by the MCB Bank Limited (agent bank), Allied Bank Limited (ABL), Bank of Punjab (BoP), National Bank of Pakistan (NBP), and the United Bank Limited (UBL) to fund the acquisition and rollout of its 4G services across Pakistan, a statement said. … Read more
KARACHI: Engro Fertilizers Limited and the Bank of Punjab (BoP) have collaborated to provide easy financing to farmers through the bank’s branch network across Pakistan, a statement said on Thursday. Under this arrangement, progressive farmers under Engro Fertilizers Limited’s Shandaar Kissan programme will be able to avail financing on easy terms and concessional markup rates … Read more
KARACHI: The Bank of Punjab on Friday declared 53 per cent growth in net profit for the half-year ended June 30, 2021, a bourse filing said. The profit-after-tax of the bank increased to Rs5.59 billion for the first-half (January–June) 2021, compared with Rs3.65 billion in the same half of the last year. The bank announced … Read more
Punjab Finance Minister on Monday said that the province will be on almost Rs 250 billion budget surpluses if it able to meet its revenue generation targets while the government had paid of Rs 56 billion debt it owed from previous government in shape of contractors’ bills payments. Addressing an interactive session with Lahore Economic … Read more
