Abdullah Ali Al Balushi’s Post

25000 banking customers made 56000 product views in bankbyaj.com during Mangsir 2080. Here's the monthly newsletter based upon that. #bankbyaj

State Bank of Pakistan (SBP) issued branchless Banking Report for December 2023 quarter. For the first time ever, number of Branchless Banking Transactions has crossed 1 billion in a single quarter. Among these, bill payments and mobile top ups account for 22%, while fund transfers represent an impressive 43% of total BB transactions. For following link detail report can be extract: 🔗 https://lnkd.in/d4xJnmQE #Fintach

Unlock financial success with Swaraj Merchant Banking! Our services stand out for three key reasons: 1️⃣ Dedicated Team: Our professionals are committed to your success. 2️⃣ Diversified Knowledge: Stay ahead with a broad knowledge base. 3️⃣ Expert Guidance: Navigate the markets confidently with our seasoned advice. Choose Swaraj for a journey to financial excellence! #swarajshares #mutualfunds #merchantbank #prospectus #draft #nseemerge #marinetransindialimited #ExpertAdvice #FinancialAdvice #FinancialServices

The banking sector spread for February 2024 has decreased by 7 basis points (bps) MoM to 6.95% as compared to a spread of 7.02% in January 2024, the State Bank of Pakistan's monthly data released on weighted average lending & deposit rates showed. On a yearly basis, the banking sector spread has increased by 11bps YoY as compared to a spread of 6.84% in February 2023. Read the full story at: https://lnkd.in/dEwsiU8r

Business Report I always find this annual report interesting considering all the banking customer upset aired on social media. https://lnkd.in/e5T3mu6W

Like me, many of you might be unaware that a recent study has come out by Prof. Ashish Das of IIT-B that shows many reputed banks are charing unreasonable fees in the name of banking services. IDFC FIRST Bank So, read this report and choose your next bank carefully- https://lnkd.in/gKKbca_n

#PersonalFinance | The Reserve Bank of India (RBI) has announced guidelines to manage inoperative accounts, along with revising bulk deposit limits for Urban Cooperative Banks. Here's all you need to know | Anshul Majumdar #RBI

#BankingAndFinanceNews Please Repost

🚨 Customer Service Alert: #Faysal #Bank #Limited🚨 I want to share a disappointing experience with Faysal Bank regarding an ATM withdrawal issue. On 23rd May 2024, I attempted to withdraw PKR 5000/-, but the ATM did not dispense the cash. Unfortunately, the amount was still debited from my account. I immediately filed a complaint on the same day, expecting a prompt resolution. However, it has now been more than seven working days, and my issue remains unresolved. Despite numerous follow-ups, the complaint is still "in process." This has been a frustrating experience, and sadly, it is not the first time I've encountered such issues with Faysal Bank. Consistent customer service should be a priority for any bank, and this experience has left me questioning their commitment to their customers. I hope this post highlights the need for better service and faster resolution times. If anyone else has faced similar issues, please share your experiences. #CustomerService #Banking #FaysalBank #ATM #FinancialServices #FrustratedCustomer #FaysalBankLimited #MehreenSangani 

Banking Deposits Surge 21% to Rs. 28.4 Trillion in April 2024 The banking deposits increased by over 21 percent to Rs. 28.4 trillion as of April 2024 compared to Rs. 23.4 trillion as of April 2023. According to data released by the State Bank of Pakistan (SBP), advances decreased by 0.7 percent year-over-year to Rs. 12 trillion during the same period as compared to Rs. 12.1 trillion as of April 2023. Read More: https://lnkd.in/dWgjBcPk