Botim and Mastercard have debuted the region's first all-in-one card, the Mastercard One Credential, aimed at enhancing payment flexibility for users in the UAE and EEMEA. This innovative card combines…
Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member companies alone investing over USD 23 billion in the country over the past decade, surpassing…
The State Bank of Pakistan has released the data on workers’ remittances for July 2026. In July 2026, workers’ remittances reached a total of US$ 3.6 billion. This represents a…
MCB Bank Limited reported resilient financial performance for the half-year ending June 30, 2026, amid a challenging macroeconomic environment. The Board declared a second interim cash dividend of Rs. 9.00…
The Board of Directors of Meezan Bank, in their meeting, approved the financial statements of the Bank for the half-year ended June 30, 2026. The meeting was chaired by Mr.…
SuperWize, Pakistan's sovereign AI company, and ABHI (Private) Limited, the country's leading embedded finance platform, announced a partnership on Thursday, under which ABHI will use SuperWize's sovereign AI models, and…
The total liquid foreign reserves held by the country stood at US$ 22,474.6 million as of 31-Jul-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Faysal Bank Limited (FBL) reported a strong performance in H1 2026, achieving a Profit Before Tax of PKR 20.5 billion and a net profit of PKR 10 billion, with Earnings…
Bank Alfalah has partnered with Alfalah Insurance to provide Accidental Death and Permanent Total Disability Insurance Coverage of up to PKR 3 million at no extra cost for PKR Current…
HugoBank, one of Pakistan's premier upcoming digital banks, today announced that it has received approval from the State Bank of Pakistan (SBP) to initiate pilot operations. This is a significant…
Habib Bank Limited (HBL) announced consolidated profit before tax of Rs 73.1 billion and profit after tax of Rs 34.5 billion for the half-year ended June 30, 2026. Earnings per…
BankIslami, a leading Islamic bank in Pakistan, held sessions titled “Pakistan Economic Outlook: FY2027 and Beyond” to discuss the country’s financial landscape with policymakers, economists, and business leaders. Key participants…
Eighteen months ago, we acquired a struggling bank and rapidly turned it around by implementing a secured lending model and digital-first strategy, restoring profitability and establishing a strong foundation for…
Bank Alfalah Limited announced a 39.6% increase in profit after tax to PKR 21.32 billion for the half-year ended June 30, 2026. Earnings per share rose to PKR 6.76, up…
Bank Alfalah, a leading bank in Pakistan, has partnered with Ahya Technologies to enhance its green banking and sustainable finance efforts. With Pakistan needing $40 billion to $50 billion annually…
Standard Chartered Pakistan recently held a legal awareness session with the Legal Aid Society (LAS) focused on women’s rights and access to justice. The event engaged staff across the Bank,…
The Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged at 11.5 percent in its meeting held today. The Committee assessed that the macroeconomic outlook has improved…
The total liquid foreign reserves held by the country stood at US$ 22,669.6 million as of 17-Jul-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
The Ministry of Finance (MoF), in collaboration with the State Bank of Pakistan (SBP), the Securities and Exchange Commission of Pakistan (SECP), Joint Financial Advisors (JFAs) – BIPL, DIB, BAFL…
In a major development in a banking crime case, Kotri Police have registered an FIR on the complaint of JS Bank Limited against four partners of M/s Southland Flour Mill…
Sindh Chief Minister Syed Murad Ali Shah has said the provincial government is working closely with the insurance industry to introduce multiple insurance schemes in collaboration with the private sector…
Bank Alfalah, a leading Pakistani bank, inaugurated its 1,200th branch at Khayaban-e-Shamsheer, Karachi, marking a milestone in its growth. The Retail-cum-Premiere Branch offers a full range of banking products, including…
More than 500 insurance executives, actuaries, regulators, policymakers, and international experts will gather in Karachi on July 21 for the 1st IAP & PSOA International Insurance Conference 2026, marking one…
Euromoney Awards for Excellence 2026 has awarded HBL the accolade of ‘Pakistan's Best Bank’. The Bank has also won ‘Pakistan’s Best Retail Bank’, ‘Pakistan’s Best Bank for Sustainable Finance’, ‘Pakistan’s…
Standard Chartered Pakistan has been named Pakistan's Best Mortgage Bank by Euromoney, highlighting the bank's commitment to supporting home ownership and its strong mortgage offerings. This recognition underscores the bank's…
