December 2016 Current Affairs

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

October 2016 Current Affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current Affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current Affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS

Pakistan's HBL becomes first South Asian bank to open branch in China

Pakistan's HBL becomes first South Asian bank to open branch in China
19 April 2016 Current Affairs: Pakistan's largest bank has received a license to open a branch in China, becoming the first South Asian bank to operate in the second biggest economy in the world. Habib Bank Limited (HBL) will open its branch in Urumqi, the largest city in the province of Xinjiang, a spokesman for the bank .Without giving a time frame for when the bank planned to start operating its branch the official explained the decision to get a license was taken given the growing economic trade between the two countries. Pakistan and China are presently surging ahead on their USD 46 billion China Pakistan Economic Corridor project which will connect Gwadar port in Pakistan's Baluchistan province to Xinjiang. A leading financial analyst said the HBL move was a calculated as in future Urumqi could become a major hub of trade between the two countries. Basically the bank wants to capitalise on the growing investment and trade activities between the two countries as it has already developed its reputation with the Chinese business and trade sector. HBL is a private limited entity first founded in 1947 by the prestigious Habib group and presently holds over 40 per cent of Pakistan's banking market share 

China's interest in Pakistan has grown in recent years in economy and trade as investment from Chinese companies in the first eight months of the current fiscal year to USD 523 million from USD 204 million in the same period last year. Commodities imports from China to Pakistan have also grown to around USD 5 billion every year. 

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.