BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December 31, 2023. The bank reported a staggering after-tax profit of PKR 11.04 billion, showcasing its…
In a remarkable feat towards social empowerment, Bank Alfalah, one of the largest commercial banks in Pakistan, is proud to announce the expansion of its partnership with the Benazir Income…
Governor State Bank of Pakistan (SBP), Mr Jameel Ahmad, will inaugurate Pakistan Financial Literacy Week (PFLW) 2024 on March 04, 2024, at an event at SBP Karachi. The theme for…
Governor State Bank of Pakistan (SBP), Mr Jameel Ahmad, will inaugurate Pakistan Financial Literacy Week (PFLW) 2024 on March 04, 2024, at an event at SBP Karachi. The theme for…
The total liquid foreign reserves held by the country stood at US$ 13,038.5 million as of 23-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Mobilink Bank, a leader in digital financial services, launched its sustainability program, "Change to Sustain," signaling a step forward in its journey towards operational transformation and promoting environmental stewardship within…
Bank Alfalah, one of the largest commercial banks in Pakistan has partnered with easypaisa, Pakistan's leading digital financial services platform, to enable customers to conveniently collect international remittances into their…
Dubai Islamic Bank (DIB) Pakistan and DHA City signed a Memorandum of Understanding (MOU) to become the Banking Partner for property purchases through Remittance and Opening of Roshan Digital Accounts…
Jubilee Life Insurance, the country's largest private sector insurance company hosted a fundraising dinner for the Enterprise Challenge Pakistan (ECP), a national entrepreneurship competition for 14 – 18-year-old students, with…
Highlights: Highest ever profit after tax of PKR 42.6bn; up 115 per cent YoY All-time high income of PKR 107.5 bn; up 72 per cent YoY Total assets crossed PKR…
HBL announced earnings (PAT) today for 4QCY23 at PKR 14.8bn (EPS: PKR 10.12), depicting an increase of 39% YoY | -11% QoQ (4QCY22 EPS: PKR 7.27). This jump in overall…
• Ericsson’s fintech solution, the Ericsson Wallet Platform, will support positioning Telenor Microfinance Bank as a Digital Bank (subject to regulatory approvals) by offering a wide range of new and…
The total liquid foreign reserves held by the country stood at US$ 13,097.8 million as of 16-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Mashreq Bank Pakistan Limited is pursuing a restricted license from The State Bank of Pakistan to commence its digital retail banking operations. This marks an important step in its journey…
In Jan'24, the Current Account shifted from a surplus of USD 404mn in the previous month (Dec'23) to a deficit of USD 269mn. This marked a 61% increase in the…
The Board of Directors of Meezan Bank has approved the Bank’s financial statements and its consolidated financial statements for the year ended December 31, 2023. The meeting was chaired by…
Bank Alfalah, a leading commercial bank in Pakistan, and Zindagi Trust, a pioneering non-profit organisation committed to transforming the landscape of education in Pakistan, are pleased to announce the initiation…
The total liquid foreign reserves held by the country stood at US$ 13,149.1 million as of 9-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
MEBL announced earnings (PAT) today for 4QCY23 at PKR 26.9bn (EPS: PKR 15.00), depicting an increase of 65% YoY | 4% QoQ (4QCY22 EPS: PKR 8.16). This jump in overall…
State Bank of Pakistan has suspended, with immediate effect, the authorization of the following Exchange Companies till further orders on account of serious violation of State Bank's regulations and instructions:…
Mastercard and the Bank of Punjab (BOP) have expanded their partnership to cover the commercial segment, ranging from large corporate entities and Small and Medium Enterprises (SME) to freelancer and…
Zindigi, powered by JS Bank, announced a strategic alliance with Popcorn Studio, the foremost co-working space provider with 12 locations across Pakistan. Renowned for fostering thriving communities of freelancers, entrepreneurs,…
The total liquid foreign reserves held by the country stood at US$ 13,097.6 million as of 2-Feb-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on February 06, 2024, reviewed performance of the Bank and approved…
Faysal Bank Limited and Total Parco signed an agreement to provide cashless transactions across Total Parco's extensive retail network. Through this alliance, Faysal Bank's state-of-the-art point-of-sale card acceptance solution will…
