Tag: Till

Financial assets grew by 20pc till June 2010: SBP

KARACHI: The size of country's financial system, in terms of assets, has exhibited robust growth, rising by 20 percent to Rs 9.2 trillion by June 2010, compared to December 2008 level of Rs 7.71 trillion, the State Bank of Pakistan (SBP) revealed in its Financial Stability Review 2009-10 released on Tuesday.
The Report was an assessment of financial stability in 2009 (CY09) and the first half of 2010 (H1-CY10) and evaluated the government's role in enhancing development of the

EU trade concessions delayed till March

ISLAMABAD: Tariff concessions announced by the European Union (EU) on 75 Pakistani products will not be implemented from January 1, 2011 and the country will have to wait till March when the World Trade Organization (WTO) again takes up the proposed wavier, an official source said.
Opposition from South Asian competitors, India and Bangladesh at the WTO's council for trade in goods has forced the EU to delay the implementation of concessions announced for Pakistan. EU would again

Judicial remand of Hamaish Khan, Nisar and Afzal extended till...

LAHORE: An accountability court on Monday extended the judicial remand of former President Bank of Punjab (BOP) Hamaish Khan, and former honorary consulate in Qazikistan Seith Nisar, and Sheikh Muhammad Afzal till December 11. The Accused are alleged to be involved in the BOP fraud case in which Rs 12 billion has been embezzled.
American nationality holder Hamesh Khan is the key figure of BOP fraud case in which 12 billion rupees have allegedly been embezzled. Hamish is alleged