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The National Bank of Pakistan (NBP) has disbursed Rs 45.789 billion as agriculture credit among nearly 241,296 farmers during 2012 against a target of Rs 43.200 billion, a statement of the Bank issued here said. According to the statement of the Bank,
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August 25, 2012 Punjab National Bank (PNB) has filed an application to open branches in Lahore and Karachi, a move that can signal wider range of trade and financial ties between India and Pakistan. PNB has moved the Reserve Bank of India, seeking
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Pakistan's richest man Mian Mohammad Mansha has applied to open Pakistani bank branches in India for the first time since partition 65 years ago, officials said Wednesday. The MCB Bank, Pakistan's largest by market capitalisation at $1.2 billion, is
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Sybase 365 , a subsidiary of Sybase, Inc., the global leader in mobile messaging and mobile commerce services, together with AbacusConsulting, one of Pakistan 's largest professional services firms, today announced that Allied Bank Limited, one of
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Lebanese banks continued to see growth in assets and deposits in the first four months of this year despite the sharp political differences and volatile situation in some Arab states. But this growth was relatively slower paced than the same period
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Bank of America, the biggest bank in New Jersey, is continuing to shrink its brick-and-mortar presence in the state this year, the company said. The Charlotte-based lender, the largest deposit holder in the state, has closed eight New Jersey branches
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Director General NAB, Khyber Pakhtunkhwa, Brig. (R) Mohammad Musadiq Abbasi on Wednesday distributed recovered amount ofRs.15.353 million among government departments and affectees, in a simple ceremony at NAB (KP) Office Hayatabad here. Directors
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Volume of govt loans taken from banking sector during the current fiscal year has reached Rs 427bn.According to the data of the State Bank of Pakistan, the government returned Rs 25 billion to the central bank from March 12 to 19 but it took
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Doha Bank has posted a 8.3 percent growth in net profit or QR1.05bn in 2010 compared with QR973.6m in 2009. The bank has recommended the distribution of 50 percent of the paid-up capital as cash dividends to the shareholders for 2010. Sheikh Fahad
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Pakistan's financial system size, in terms of assets, increased to Rs 9.2 trillion by end-June 2010 showing a robust growth of 20 percent from December 2008 level of Rs 7.71 trillion, says State Bank's Financial Stability Review 2009-10, which was
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