HSBC said it has agreed to sell its banking business in Pakistan to Meezan Bank Ltd , seven months after failing to win regulatory approval to sell it to another company.

Turkiye Is Bankası AS is in talks to buy all of HSBC Holdings Plc.’s branches in Pakistan and negotiations are at an advanced stage, Isbank chief executive officer Adnan Bali said.

HSBC <HSBA.L> said it is talks to sell its business in Pakistan to Meezan Bank Limited <AMZN.KA>, another possible sale by Europe's biggest bank from countries where it is unprofitable or lacks scale.

In Pakistan’s politics and system, only two agendas have always been prioritized: hatred towards India and terrorism. As a ...

Pakistan’s Meezan Bank Ltd ., the country’s largest Islamic lender, expects to generate an additional 500 million rupees ($4.91 million) of annual profit from its acquisition of the local ...

KARACHI, May 8: The State Bank of Pakistan has allowed KASB Finance to conduct due diligence of HSBC Pakistan operations while rejecting requests of the four big banks for the same, banking ...

The State Bank of Pakistan on Tuesday gave a green signal to KASB to conduct due diligence of Hong Kong Shanghai Banking Corporation (HSBC) for potential acquisition of its Pakistan operations ...

Chief Executive Officer of HSBC, Pakistan, Guy Priestley, on Wednesday announced that the HSBC has increased the capital invested in Pakistan by 50 percent or Rs 500 million. The HSBC now has Rs 1 ...

LONDON, May 9 (Reuters) - HSBC said it has agreedto sell its banking business in Pakistan to Meezan Bank Ltd, seven months after failing to win regulatory approvalto sell it to another company ...

HSBC Holdings is in discussions to sell its business in Pakistan, the latest effort by the group to slim its global presence as part of a long-running strategic rethink.

HSBC's Pakistan business has 10 branches and it has been trying to sell it for the last two years, but a plan to sell it to JS Bank Limited (JSBL.KA) fell through last October after failing to get ...

HSBC's Pakistan business has 10 branches and it has been trying to sell it for the last two years, but a plan to sell it to JS Bank Limited JSBL.KA fell through last October after failing to get ...