Banks in Pakistan are generally not structured to serve widely dispersed small-ticket borrowers. Lending money to smallholder farmers and small enterprises scattered across the country is often considered too risky and costly; no wonder their access to formal banking credit remains constrained. However, digital technology is changing this even if its adoption by traditional commercial banks is
One can notice a shift in the national debate on how to manage rising unsustainable foreign debt as more analysts call for restricting foreign loans for “projects with high development impact’ and directing investment in areas of ‘comparative advantage’. This is necessary to build on the macroeconomic stability achieved thus far. A former senior International Monetary Fund (IMF) Pakistani offic
Profit-taking was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,200 points during the intra-day of trading on Monday. At 12:15pm, the benchmark index was hovering at 167,788.69, a decrease of 1,201.38 points or 0.71%. Selling was observed in key segments including automobile assemblers, cement, commercial banks, oil and gas exploration compan
The Board of Directors of Amreli Steels Limited has approved the issuance of up to 40 million ordinary shares for cash consideration at Rs25 per share, aggregating to Rs1 billion. The issuance, to be made other than by way of a rights issue, was approved during the company’s board meeting held on October 3, 2025, read a notice to the Pakistan Stock Exchange (PSX) on Monday. As per the notice
Australian shares rose to a six-week high on Monday, driven by gains in index heavyweight financials and gold stocks, while Wall Street’s strong rally at the end of last week also lifted investor sentiment. The S&P/ASX 200 index climbed 0.3% to 9,017.20 by 2338 GMT, crossing the 9,000 key psychological level for the first time since August 25.Financials rose 0.5%, with top lender Commonwealth B