Tag: Banking Sector

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HugoBank Receives SECP Approval to Launch Pilot Operations with Rs. 1.5 Billion Capital Boost

Pakistan’s digital banking sector is set for another major development after HugoBank Limited received regulatory approval to begin pilot operations. The Securities...

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SBP Reduces Cash Reserve Requirement to Inject Liquidity into Banking System

The State Bank of Pakistan has announced a reduction in the Cash Reserve Requirement for commercial banks, signaling a shift toward a...

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