Tag: bank

Standard Chartered Bank honored as Forbes’ World’s Best Employer list for another year
Business

Standard Chartered Bank honored as Forbes’ World’s Best Employer list for another year

Forbes has just honored Standard Chartered Bank as the World’s Best Employer for another year. Standard Chartered bank is a worldwide provision of banking and financial services. The bank offers financial services in over 50 countries all across the world. These 50 countries employ over 80,000 employees in a single year. These countries include India, the USA, Canada, Pakistan, and many others to name. Every year, Forbes announces the best employer of the year. Forbes evaluates this honor by various aspects of any company. Each year, Forbes analyzes the performance and employee satisfaction level. Forbes also keeps an eye out for gender equality in the workplace as well.  Last year, Forbes announced that Standard Chartered Bank was one of the best employers in the world. However, ...
Pakistan repay $1 billion international Sukuk bonds
Business

Pakistan repay $1 billion international Sukuk bonds

The State Bank of Pakistan (SBP) announced that it would repay $1 billion in international Sukuk (Islamic bonds) on December 2. The State Bank made the announcement on Friday. The Pakistan bank is all set to repay the international amount three days before the due date of maturity. Although the state bank had already paid $1.8 billion in full for the current month alone against foreign obligations.  SBP Governor Jameel Ahmed briefed a few analysts after the Monetary Policy announcement. He said that the nation has been making regular payments to foreign creditors. Moreover, he said that he is confident that there would be no obstacles to the repayment of the nation's foreign debt. An attendee senior analyst said that the earlier payment may be in the processing for clearance of the ...