KARACHI: The Pak-Kuwait Investment Company (PKIC) has been added to the list of market makers for debt securities at the Pakistan Stock Exchange (PSX) and an agreement to this effect was signed on Tuesday. PSX managing director and chief executive officer Farrukh H Khan and PKIC managing director Mubashar Maqbool signed the agreement. A gong … Read more
KARACHI: The State Bank of Pakistan (SBP) has issued revised “Corporate Governance Regulatory Framework” with the objective to further strengthen the corporate governance regime of banks and the DFIs and to align the same with international standards and best practices. The framework, which has been developed in consultation with the key stakeholders, covers Fit and … Read more
KARACHI: The central bank has decided to issue guidelines to encourage banks/development financial institutions (DFIs) to extend housing finance to the units in under-construction projects for which they have already entered into arrangements of project financing with builders/developers, a statement said on Thursday. These guidelines for financing of housing units in the under-construction projects have … Read more
