Posts in tag

finance division


ISLAMABAD: The Finance Division has approved the Commitment Control Guidelines in consultation with the Auditor General of Pakistan issued to minimize the accumulation of government expenditure arrears, major fiscal indiscipline and low fiscal credibility. A notification to this effect uploaded by the Finance Division on its website on Tuesday and sent to all Principal Accountants …

ISLAMABAD: The Sub-Committee of the Cabinet Secretariat Standing Committee has instructed the Finance Division to look into the cases of 64 private secretaries who have been subject to pension recoveries by the Accountant General of Revenue Pakistan (AGPR) for humanitarian reasons. The sub-committee met MP Mohsin Dawar at the Parliament Buildings on Tuesday. The committee …

Governor of the State Bank of Pakistan (SBP), Dr Reza Baqir, receives a monthly salary of 2.5 million rupees and worked at the International Monetary Fund (IMF) for 18 years before his appointment, according to a document released Friday by the Finance Division. The document was released in response to questions posed by Senator PML-N …

The delay poses problems for the finance division to prudently close the daily gap between income and expenditure, they said. Finance division officials said ministries and divisions are still showing a tendency towards a centuries-old manual system, which has caused a delay in the submission of funds from fines, compensations and sales of confiscated items. …

The Finance Division has formally requested the International Monetary Fund (IMF) to postpone the meeting of the Executive Board for the consideration of the sixth review until the end of this month, according to a press release issued on Sunday. The board’s $6 billion Expanded Financing Facility (EFF) review was due to be held on …

– ISLAMABAD, Pakistan: The Finance Division clarified that news published in the Daily ‘The News’ titled “Government failed to buy gas cargo ships on time, admits TarinIs completely misleading and out of context. In a statement released on Wednesday, the finance division said that when the anchor (Nadeem Malik) asked about the gas shortage situation …

John Platt A corporate finance firm has bolstered its structured finance team with a senior appointment to support the company’s continued expansion. John Platt joins Oldham-based PMD Business Finance from Natwest’s Corporate Banking team, where he worked for 14 years, most recently as Relationship Manager. In his new role as Director of Structured Finance, Platt …

ISLAMABAD: The Finance Division revised the strategy for releasing funds for the development budget for the current fiscal year 2021-2022 with the release of 50% of funds for quarters 1 and 2, and 50% for quarters 3 and 4. Previously, the strategy was to release 20% of development funds in the first quarter, followed by …

ISLAMABAD: The Finance Division estimated the budget requirement at over Rs 21 billion to provide a surge subsidy to banks, in addition to an additional subsidy of the operational costs of microfinance providers (MFPs) and loss loan expected for the launch of the Kamyab Jawan program. Sources said the finance ministry estimated the budget needs …

Blockstream has acquired bitcoin fund manager Adamant Capital as the base for its upcoming Blockstream Finance division. Bitcoin infrastructure firm Blockstream to acquire bitcoin hedge fund manager Adamant Capital to serve as the base for Blockstream Finance, a new division focused on delivering bitcoin-focused investment products built on the Liquid side chain, according to a …

Bitcoin infrastructure firm Blockstream to acquire bitcoin hedge fund manager Adamant Capital to serve as the base for Blockstream Finance, a new division focused on delivering bitcoin-focused investment products built on the Liquid side chain, according to a press release shared with Bitcoin Magazine. Blockstream highlighted its recent Blockstream Mining Note (BMN), a liquid-based security …

ISLAMABAD: The Pakistan Telecommunications Authority (PTA) and the Finance Division objected to paying a fee in rupees, instead of dollars, for the renewal of telecommunications company licenses. These companies contacted the court for the renewal of their licenses, which expired in 2019. Sources told The Express Tribune that the carriers have asked the government to …

Hilltop Securities Inc. (HilltopSecurities) recently welcomed Managing Director Ike Papadopoulos to the company’s public finance division. Papadopoulos ‘responsibilities will include expanding HilltopSecurities’ investment banking effort on the east coast. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20201130005763/en/ Ike Papadopoulos (Photo: Business Wire) Papadopoulos brings over 20 years of experience to his new …

EFFINGHAM, ILLINOIS – Aug 27, 2020 – Midland States Bank today announced that Midland Equipment Finance (MEF), its equipment finance division, has been named one of The Top 100 Equipment Finance and Leasing Companies by The Monitor Daily for the second year in a row. The MEF went from its initial 79e ranking at 66e …

After 18 months of planning, design and development, the Finance Division Knowledge Base is finally here. A self-service online library, the Knowledge Base contains hundreds of selected articles covering frequently asked questions, troubleshooting guides, tutorials, and other useful topics on finance and business operations. The articles were written by subject matter experts from each of …

DALLAS – (COMMERCIAL THREAD) – Hilltop Securities Inc. (HilltopSecurities) announced today that William Evans has recently joined the company’s public finance division as Managing Director, responsible for underwriting. Evans will lead HilltopSecurities’ negotiated and competitive underwriting efforts, working with public finance bankers and fixed income capital markets sales and trading offices to assist with pricing, …

Written by Andre Corselli Jason Zampi, who will become vice president of financial planning and analysis, a new department. Photo via NS. Norfolk Southern Corporation (NS) has announced organizational changes within its finance division, effective June 1, 2020. Jason Zampi will become vice president of financial planning and analysis, a new department. Clyde “Jake” Allison, …

A rendering of the future C&F Financial consumer loan building at 5491 International Trade Drive. (Submitted) A local bank is moving forward with the project of a new head office for one of its subsidiaries. C&F Financial, the parent company of C&F Bank, closed this month on land near Richmond International Airport, where it will …

Service in the community is business as usual for many offices and departments in Notre Dame. This is the case with the Finance Division. Lending a helping hand reflects the Catholic character and the institutional mission of the University. “Serving others is what Jesus did”, comments Mark Zeese, a business process program manager in accounting …

One of India’s oldest development finance institutions, ICICI Bank Ltd., which later evolved into a universal bank, decided to close its dedicated project finance vertical, a person with direct knowledge of the matter said. of the file, on condition of anonymity. All project finance proposals will now be evaluated by the Broad Business Loans division. …

RICHMOND, Va., Oct. 22, 2019 (GLOBE NEWSWIRE) — Atlantic Union Bank today announced the creation of a new division of the bank called Atlantic Union Equipment Finance. Atlantic Union Equipment Finance will provide a wide variety of equipment finance solutions to commercial and enterprise customers. This includes financing equipment assets including marine, tractors, trailers, buses, …

COLOMB, Georgia – (COMMERCIAL THREAD) – Synovus Bank announced the launch of a new specialty finance division focused on providing debt finance and commercial banking solutions to finance companies operating in niche asset classes. The division includes the addition of a structured finance team and draws on the expertise of Global One Financial, the insurance …