Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully upgraded its core banking system by transitioning from Temenos’ R17 to the R23 release of Temenos’ cloud-native core banking platform. The upgrade…
Payoneer (NASDAQ: PAYO) has partnered with Stripe to enhance its Online Checkout services for cross-border merchants. This collaboration will first launch in key Asia Pacific (APAC) markets, including Pakistan, Vietnam,…
The total liquid foreign reserves held by the country stood at US$ 19,570.8 million as of 15-Aug-2025. The break-up of the foreign reserves position is as follows: Foreign reserves held…
AKD Research has analyzed Meezan Bank Limited’s (MEBL) performance for 1HCY25 during an analyst briefing. Key highlights include: 1. MEBL reported a profit of PKR 46.2 billion (EPS: PKR 25.7),…
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, underscored the importance of well-developed, deep and diversified capital markets to complement the banking sector and support long-term, sustainable economic growth.…
The total liquid foreign reserves held by the country stood at US$19,496.7 million as of 08-Aug-2025. The break-up of the foreign reserves position is as follows: Foreign reserves held by…
JazzCash, Pakistan’s leading digital wallet, and EFU Life, one of the country’s premier life and health insurers, have partnered to launch a first-of-its-kind, end-to-end digital insurance journey set to reshape…
The State Bank of Pakistan (SBP) on Wednesday released its Monetary Policy Report (MPR), outlining the major economic developments and macroeconomic outlook that were the main considerations in the recent…
AKD Research has published its commentary on MEBL’s 2QCY25 result, which is reportedly beating expectations on lower profit on deposits and curtailed expenses. Meezan Bank Ltd (MEBL) announced its 2QCY25…
It's official: the journey to the FIFA World Cup 2026™ begins with Visa, the Official Payment Technology Partner of FIFA. Visa cardholders globally can apply for exclusive early access to…
Pak-Qatar Group has signed a strategic agreement with NDS Technologies (Pvt.) Ltd. to implement H3C’s Hyper-Converged Infrastructure (HCI) solution as part of its IT ecosystem. This partnership, formalized at the…
In a landmark development for Pakistan’s agri-lending sector, HBL Microfinance Bank (HBL MfB) and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) have signed a Memorandum of Understanding (MoU)…
According to data released by the State Bank of Pakistan, Pakistani workers’ remittances in July 2025 experienced a growth of 7.4%. According to data released by the State Bank of…
Bank Alfalah, one of Pakistan’s leading commercial banks, has welcomed 29 outstanding individuals into the 11th batch of its prestigious Alfa Lead Management Trainee Program 2025. Launched in 2015, the…
The total liquid foreign reserves held by the country stood at US$19,495.6 million as of 01-Aug-2025. The breakdown of the foreign reserves position is as follows: Foreign reserves held by…
The Board of Directors of MCB Bank Limited (MCB), in its meeting held under the Chairmanship of Mian Mohammad Mansha, reviewed the Bank’s performance and approved the condensed interim financial…
Islamabad, July 31 2025: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on July 31, 2025, approved the Bank’s financial results for the half year…
HBL today declared a record consolidated profit before tax of Rs 75.3 billion for the half year ended June 30, 2025, 30% higher than in the same period last year.…
President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has expressed deep disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy interest rate…
Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has expressed strong disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy interest rate…
The President of SITE Association of Industry, Ahmed Azeem Alvi, has expressed deep concern over the State Bank of Pakistan’s decision to maintain the policy rate at 11 %. In…
The Chairman of the National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of the All Karachi Industrial Alliance, the Chairman of the FPCCI…
The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 11 percent in its meeting today. The Committee noted that inflation in June 2025 decelerated to 3.2…
Founder President of the Islamabad Women’s Chamber of Commerce and Industry (IWCCI) and United Business Group leader Samina Fazil has called on business organizations to jointly demand a reduction in…
Meezan Bank, Pakistan’s first and largest Islamic bank, becomes the first bank in the country to roll out Visa’s latest digital innovation: – the Visa Global eSIM for its Visa…
