A historic agreement was signed between the Overseas Pakistanis Foundation (OPF) and the United Insurance Company of Pakistan (UIC) to provide financial security for overseas Pakistanis and their families. This…
Faysal Bank Limited (FBL), in collaboration with Patients’ Aid Foundation (PAF), participated in the second edition of Bike-A-Cause 2025, a community-driven cycling event aimed at supporting women battling breast cancer.…
Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s…
Pakistan is taking a decisive step toward climate-smart banking and investment with the launch of the Paris-Aligned Finance Fellowship in October 2025. Financed by the German Federal Ministry for Economic…
Today, the State Bank of Pakistan eagerly announced a significant milestone in the realm of workers’ remittances. The country received a remarkable inflow of US$3.2 billion, showcasing a robust increase…
Zindigi, powered by JS Bank, has been honored with the “Best Banking as a Service Provider award” at the Finovate Awards UK, a global accolade celebrating its BaaS innovation and…
The way businesses fund cross-border payments is about to get faster, smarter and more flexible. Today, Visa announced it will launch a stablecoin prefunding pilot through Visa Direct, its global money…
BankIslami has signed a Memorandum of Understanding (MoU) with the National Clearing Company of Pakistan Limited (NCCPL) to strengthen the presence of Islamic finance in the country’s capital markets. This…
The total liquid foreign reserves held by the country stood at US$ 19,796.7 million as of 26-Sep-2025. The break-up of the foreign reserves position is as under Foreign reserves held…
Bank Alfalah, one of Pakistan’s leading commercial banks, has unveiled its redesigned website. It is now an end-to-end digital acquisition platform built to simplify the customer journey from product discovery…
Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to bolster its infrastructure with secure and reliable services using PTCL…
Bank Alfalah Limited, one of Pakistan’s leading commercial banks, and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to explore opportunities that will…
This refers to the news item on social media regarding the 2-hour cooling period for digital fund transfers. In this regard, it is clarified that all digital fund transfers are…
VIS Credit Rating Company has reaffirmed the AA plus Insurer Financial Strength rating for United Insurance Company of Pakistan Limited (UIC) and upgraded its outlook to stable, citing resilience in…
Zindigi, powered by JS Bank, introduces its “Paylink” feature, reaffirming its commitment to empowering freelancers with a secure and efficient cross-border payment solution. Despite Pakistan being home to over 1.5…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has entered into a strategic partnership with Tapsys Private Limited (Tapsys), a leading technology solutions provider, to deliver cutting-edge digital…
National Bank of Pakistan (NBP) proudly celebrates another prestigious recognition by receiving the UnionPay International Award for Strategic Contribution – Marketing Promotion. The award was presented by Mr. Nadeem Haroon,…
Jubilee Life Insurance Company Limited (JLI), Pakistan’s largest private sector insurer, and United Bank Limited (UBL), one of the country’s largest financial institutions, have entered into a strategic partnership to…
Lucky Investments Limited (“Lucky Investments”) has crossed PKR 100 Billion (USD 350 Million) in Assets Under Management (AUMs) in under six months of the launch of its first fund in…
The Annual Microfinance Conference (AMC) is an annual feature, and its 9th edition is scheduled to be held on Oct 7-9, 2025, in Karachi. The Annual Microfinance Conference 9 (AMC-9),…
Bank Alfalah, one of Pakistan’s leading commercial banks, through its Islamic banking division, has been recognised with two prestigious accolades at the 2025 Global Islamic Finance Awards (GIFA): Best Bank…
Jahanzeb Khan, President & CEO of easypaisa digital bank, emphasized that disruptive digital innovation, keeping local market insights and ground realities in mind, has the potential to drive full-scale financial…
BankIslami, Pakistan’s leading Islamic bank, has announced a special collaboration with MG Motors Pakistan, offering customers the most competitive Shariah-compliant auto financing package in the industry. With an unprecedented rental rate…
Mashreq, one of the leading financial institutions in the MENA region, has officially announced the commercial launch of its full-service digital retail bank in Pakistan, Mashreq Bank Pakistan, in the…
Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed disappointment over the State Bank of Pakistan’s decision to keep the policy interest rate…
