Trends - DFIs - Business Recorder

DFIs

Aurangzeb for financing facilities to small farmers in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a key meeting at the Finance...

Updated 28 May, 2025 09:42am

Body on Social Impact Finance: progress on initiatives reviewed

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday chaired a high-level...

Updated 28 May, 2025 02:48pm

Business & Finance

8 DFIs criticise ‘unilateral’ clean energy talks

KARACHI: Pakistan’s unilateral renegotiation of clean power contracts will undermine investor confidence and be...

Published 27 Feb, 2025 06:44am

8 Development Finance Institutions caution govt

ISLAMABAD: In a major development, eight Development Finance Institutions (DFIs) have warned the government that...

Updated 20 Feb, 2025 01:45pm

DFIs having interests in IPPs move Nepra

Development Finance Institutions confirms opting for term SOFR+CAS as the base rate for replacement of London Interbank Offered Rate

Updated 13 Nov, 2024 09:24am

Business & Finance

SME sector: SBP revises per party exposure limits

KARACHI: Aimed at facilitating the SME sector, the State Bank of Pakistan (SBP) has revised the per party exposure...

Published 09 Oct, 2024 06:26am

SBP increases clean lending limit for SMEs by 100pc

KARACHI: Amending the Prudential Regulations for SME Financing, the State Bank of Pakistan (SBP) has announced to...

Updated 17 Aug, 2024 02:37pm

FIs facing problems: SBP to amend and extend timelines of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has decided to make some amendments and extend the timelines of IFRS 9...

Updated 31 Jul, 2024 10:18am

Business & Finance

Business community for soft loans to new entrepreneurs in KP

PESHAWAR: Business community urged the Bank of Khyber (BoK) and other commercial banks to issue soft loans for...

Published 22 May, 2024 05:54am

Pakistan

Bank holiday

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 01, 2024, which...

Published 30 Dec, 2023 06:28am

SBP launches ‘SUNWAI’ portal to address complaints

KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their...

Updated 30 Dec, 2023 09:22am

Pakistan

PBA conducts training session on trade-based money laundering

KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade...

Published 01 Dec, 2023 04:43am

Editorials

Harnessing DFIs

EDITORIAL: Caretaker Finance Minister Dr Shamshad Akhtar is right in stressing that DFIs (Development Finance...

Published 14 Nov, 2023 05:08am

Business & Finance

Capital market: DFIs can be potential drivers of growth: Shamshad

ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar Thursday said the Development Finance...

Updated 10 Nov, 2023 08:44am

Energy projects sans Chinese IPPs: PPIB resubmits transition from LIBOR to ‘SOFR’

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has resubmitted the transition from LIBOR to SOFR for...

Updated 31 Oct, 2023 10:02am

From Libor to SOFR: DFIs anxiously waiting for transition

10 Development Finance Institutions wait for transition from USD London Interbank Offer Rate to Secured Over Night Financing Rate in Pakistani energy sector

Updated 23 Oct, 2023 10:11am

Meeting with Dr Shamshad: Banks, DFIs agree to set up private equity, venture funds

KARACHI: Dr. Shamshad Akhtar, Federal Minister for Finance, Revenue and Economic Affairs, chairing a meeting with...

Updated 01 Oct, 2023 10:43pm

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

Budget proposals by PBA: FBR urged to gradually reduce tax rate for banks

KARACHI: Pakistan Banks Association (PBA), demanding a level playing field, has proposed to the Federal Board of...

Updated 26 May, 2023 08:52am

Business & Finance

SBP invites applications for selection of PDs

KARACHI: The State Bank of Pakistan (SBP) has invited applications for selection of Primary Dealers/Preliminary...

Published 13 May, 2023 05:59am

ECC approves Rs13.2bn TSG for PMRCL

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical...

Updated 09 May, 2023 09:12am

Opinion

Infrastructure financing gap

On the 14th of March 2023, InfraZamin Pakistan hosted the country’s first-ever summit on infrastructure titled...

Published 03 May, 2023 06:35am

Business & Finance

Banks, DFIs with Rs500bn or above assets: SBP extends date for implementation of IFRS 9

KARACHI: The State Bank of Pakistan (SBP) has extended the date for the implementation of International Financial...

Published 14 Apr, 2023 05:59am

USD LIBOR to SOFR: DFIs concerned at transitioning delay

ISLAMABAD: The world’s top ten Development Finance Institutions (DFIs) have expressed serious concern at...

Updated 10 Apr, 2023 08:33am

Foreign loans of IPPs: PPIB seeks guidance to replace Libor with SOFR

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has proposed the Finance Ministry to provide guidance...

Updated 21 Dec, 2022 10:03am

Amendments to power plants’ documents,transition from USD Libor benchmark to SOFR: MoF urges PD to nominate body as focal point

ISLAMABAD: The Ministry of Finance has urged the Power Division to nominate a body as focal point to facilitate...

Updated 09 Dec, 2022 09:31am

ECC approves Kissan Package: Power tariff for tubewells reduced to Rs13 per unit

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved Kissan Package-2022 with a...

Updated 30 Nov, 2022 09:51am

Agreements with IPPs: DFIs underscore need for amendments

DFls are in the process of coordinating proposals for amendments to be made to the financing agreements and are sharing these with the IPPs to which they lend

Updated 28 Nov, 2022 10:55am

SBP launches ‘ESRM manual’ for banks and DFIs

KARACHI: The State Bank of Pakistan (SBP) Wednesday launched Environmental & Social Risk Management (ESRM)...

Updated 10 Nov, 2022 09:08am

Business & Finance

SBP directs FIs to submit shareholding info

KARACHI: The State Bank of Pakistan (SBP) has directed the Financial Institutions to submit shareholding information...

Updated 26 Oct, 2022 09:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 2	282.03
USD PKR Interbank Buying / Jun 2	281.78
USD to Japanese Yen / Jun 2	142.88
USD to Swiss Franc / Jun 2	0.82
Pound Sterling to USD / Jun 2	1.36
Euro to USD / Jun 2	1.14
UK LIBOR % / May 30	4.96

Stock	Volume
S&P 500 / May 30	5,911.69
Nasdaq / May 30	19,113.77
Dow Jones / May 30	42,270.07
India Sensex / Jun 2	81,373.75
Tokyo Nikkei / Jun 2	37,470.67
Hang Seng / Jun 2	23,126.87
FTSE 100 / Jun 2	8,749.03
Germany DAX 30 / Jun 2	23,841.47
France CAC40 / Jun 2	7,688.47

Item	Value
Karachi Cotton PKR/37.32 KG / May 30	16,985
Gold 10 Grams PKR / May 30	298,868
Petrol/Litre / Jun 2	253.63
Crude Oil USD/Barrel / Jun 2	62.29
Gold Spot USD/Ounce / Jun 2	3,352.85
Diesel/Litre / Jun 2	254.64
Cotton US¢/pound / Jun 2	66.14

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 2 Invest Capital Investment Bank Limited(ICIBL)	2.31 ▲ 0.84 (57.14%)
TPL Trakker Ltd / Jun 2 TPL Trakker Limited(TPLT)	7.26 ▲ 1 (15.97%)
Pak. P.V.C. / Jun 2 Pakistan PVC Limited(PPVC)	9.25 ▲ 1 (12.12%)
Burj Clean Energy Modaraba / Jun 2 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.50 ▲ 1 (11.76%)
First Dawood Prop. / Jun 2 First Dawood Properties Limited(FDPL)	2.76 ▲ 0.26 (10.4%)
I.C.C. Ind. / Jun 2 ICC Industries Limited(ICCI)	16.45 ▲ 1.5 (10.03%)
First Elite Cap.Mod / Jun 2 First Elite Capital Modaraba(FECM)	23.82 ▲ 2.17 (10.02%)
Rupali polyester / Jun 2 Rupali Polyester Limited(RUPL)	18.89 ▲ 1.72 (10.02%)
Hala Enterprise / Jun 2 Hala Enterprises Limited(HAEL)	19.99 ▲ 1.82 (10.02%)
ECOPACK Ltd / Jun 2 Ecopack Limited(ECOP)	77.95 ▲ 7.09 (10.01%)

Stock	Price
Systems Limited / Jun 2 Systems Limited(SYS)	103.40 ▼ -440.7 (-81%)
Idrees Tex. / Jun 2 Idrees Textile Mills Limited(IDRT)	23.20 ▼ -2.58 (-10.01%)
Bawany Air Products / Jun 2 Bawany Air Products Limited(BAPL)	48.08 ▼ -5.33 (-9.98%)
Mirpurkhas Sugar / Jun 2 Mirpurkhas Sugar Mills Limited(MIRKS)	35.19 ▼ -3.78 (-9.7%)
Maqbool Tex. / Jun 2 Maqbool Textile Mills Limited(MQTM)	35.77 ▼ -3.71 (-9.4%)
Ideal Spinning / Jun 2 Ideal Spinning Mills Limited(IDSM)	13.65 ▼ -1.25 (-8.39%)
Gulshan Sp. / Jun 2 Gulshan Spinning Mills Limited(GSPM)	3.33 ▼ -0.3 (-8.26%)
Century Paper / Jun 2 Century Paper & Board Mills Limited(CEPB)	28.64 ▼ -2.33 (-7.52%)
Haseeb Waqas / Jun 2 Haseeb Waqas Sugar Mills Limited(HWQS)	10.69 ▼ -0.82 (-7.12%)
Dawood Equities / Jun 2 Dawood Equities Limited(DEL)	10.41 ▼ -0.74 (-6.64%)

Stock	Volume
Dewan Cement / Jun 2 Dewan Cement Limited(DCL)	40,375,547 ▲ 0.6
Invest Bank / Jun 2 Invest Capital Investment Bank Limited(ICIBL)	31,862,508 ▲ 0.84
K-Electric Ltd. / Jun 2 K-Electric Limited(KEL)	30,881,459 ▼ -0.23
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	24,120,241 ▼ -0.01
Fauji Foods Ltd / Jun 2 Fauji Foods Limited(FFL)	18,658,215 ▲ 0
Kohinoor Spining / Jun 2 Kohinoor Spinning Mills Limited(KOSM)	15,634,947 ▼ -0.09
National Bank / Jun 2 National Bank of Pakistan(NBP)	11,703,316 ▲ 1.71
Sui South Gas / Jun 2 Sui Southern Gas Company Limited(SSGC)	11,095,117 ▼ -0.06
Maple Leaf Cement / Jun 2 Maple Leaf Cement Factory Limited(MLCF)	10,080,299 ▼ -3.06
Pervez Ahmed Consultancy / Jun 2 Pervez Ahmed Consultancy Services Ltd.(PASL)	9,045,226 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

DFIs

Most Popular