When Will the US Dollar Collapse?

A dollar collapse is when the value of the US dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own US Treasury. It also affects foreign exchange futures traders. Last but not least are individual investors.

When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them. This will drive the value of the dollar down to near zero.

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UP TO RS. 2 MILLION LOAN FOR SALARIED PERSON

Dubai Islamic Bank offering personal Loan facility up to Rs. 2 Million for salaried person Dubai Islamic bank is the first Islamic bank in Pakistan to offer a shari'a compliant " Personal Fiance" facility based on the Islamic Finance Features: 100 % Shari'a Compliant Affordable and competitive equal monthly installments. Hassle free and fast processing of your application form. Only Salaried persons can avail this facility. Say Hello! Askari Nayab Plan https://tryfinancialsolutions.blogspot.com/2018/12/invest-today-for-your-hassle-free-future.html?m=1 Eligibility: Age= 25 to 65 years Salaried Person( Salary must be credit in bank account). Minimum Salary should be Rs. 35,000/- Documents Required for Processing are: CNIC Copy Two recent Passport Size Photographs 3 Payslips Job Proof( Job Card, Visiting Card) One year bank statement Account maintaining certificate For

Dubai-Based Investor will inject money to Secure Summit Bank

According to the stock filing, Summit Bank Limited informed that it received a letter from the Chairman of the Nasser Abdulla Lootah Group, who is also the Chairman of the Summit Bank. Summit Bank has received a notification of interest from a Dubai-based investor HE Nasser Abdulla Hussain Lootah who has expressed his intention to acquire a controlling stake in the bank through fresh investment. I, Mr. Nasser Abdullah Hussain Lootah, am writing to explore the possibility of acquiring at least a controlling stake in Summit Bank Limited by subscribing to fresh equity in the bank. It is also envisaged that this equity injection enable the bank to with the minimum capital requirement and capital adequacy ratio requirements as required by the State Bank of Pakistan. In this regard, an exclusivity agreement has been shared with the board of directors for the confirmation that will ultimately give a green signal to the transactions for executing the deal. The Dubai-based investor and chairman

Sindh Cabinet approved the merger of Summit Bank

The Sindh cabinet approved the minutes of the last cabinet meeting and then took up the agenda of merger of Summit Bank with Sindh Bank. The chief Minister told the cabinet that the Sindh Bank was established on the occasion of death anniversary of Shaheed Mohterma Benazir Bhutto in 2011 by establishing its first branch at Naudero in which President [former] Asif Ali Zaradri had opened his first inaugural account. The bank has established 300 branches within its first three years, he said. The Summit bank is also a newly established bank and its merger with Sindh bank would boost the business further. The meeting was told that the board of Sindh Bank Ltd has already approved merger of Sindh Bank Ltd into Summit Bank Ltd for which a swap ratio of 1:4.17 has been determined, that is one ordinary share of Sindh Bank is approved to be issued for every 4.17 ordinary shares of summit bank. Talking about structure of the transition is, the chief minister said that Summit bank w

Branches Codes List for Fresh Currency Notes of Gilgit Batistan & Islamabad

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Story of Agha Hasan Abedi & BCCI

Agha Hasan Abedi: the man who dared to dream BIG! Agha Hasan Abedi was one of the finest minds this country has ever produced. He was an exemplary patriot and a legendary banker. In the mess that exists today, the youth of Pakistan desperately needs inspiring personalities to look up to. I cannot think of a better person to quote. He proved that politics is not the only form of service to the nation. He suffered through various scandals towards the end of his life, but no one can deny his contributions towards building a stronger Pakistan. It is a shame we let our youth forget a man like Agha Hasan Abedi. Thousands graduate every year from FAST National University and Ghulam Ishaq Khan Institute. Only a handful of those proud degree holders know who laid the foundations of these prestigious institutes. It was one man’s vision that delivered tremendously to Pakistan’s development. *A true patriot: Agha started his banking career at Habib Bank in the late 1940s

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For Fresh Currency, Branches details of Hyderabad, Badin, Ghotki, Dadu & Jacobabad

Fresh Currency will be available at nominated branches from 20th May 2019 to 31st May 2019. SMS at 8877 Cnic# space branch code xxxxx-xxxxxxx-x ABC001

Pakistan Banking Association(PBA) Protest on Bank Timing, Proposal Submitted to SBP

Presently Pakistan Banking Associating (PBA) has taken initiative against late sitting and customer timing being faced by Banking sector in Pakistan, share a proposal with State Bank of Pakistan to reduce the Customer Timing and Business hours of the banks. Agenda PointsCurrently customer timing (9:00 AM to 5:30 PM) of all banks in Pakistan without any break and Friday timing (9:00 AM to 6:00 PM) with approximately half an hour or 2 hours Juma break Mr. Agha Hassan Abidi and BCCI History Employees are available round the clock for resolution of ATM related issues without allowance (some of banks are paying nominal amount). Bank staff has been disturbed due to high business targets and non-scheduled office timing, even staff have to come office on Saturday (Where branches are off) for warping pendency work or preparation of internal / external audit. Within 10 years people will forget PayPal Bank staff are unable to manage their personal life due to late sitting an

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