Muhammad Umar Ilyas is now Chief Information Officer for Mashreq Pakistan Operations

Mashreq Pakistan has announced the appointment of Muhammad Umar Ilyas as Chief Information Officer, highlighting its commitment to technology and digital banking in Pakistan. Umar Ilyas brings over 22 years of…

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DIB Pakistan partners with PMRC to expand affordable Shariah-compliant housing finance

DIB Pakistan has signed a PKR 6 billion Musharakah financing facility with Pakistan Mortgage Refinance Company Limited (PMRC) to expand access to affordable Islamic housing finance and support sustainable homeownership…

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BankIslami, EFU Life and EFU General Insurance to expand access to affordable microtakaful protection

BankIslami has teamed up with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful protection through its mobile banking app. Customers can enroll, pay, and claim coverage for…

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ABHI Microfinance Bank partners with Saif Group to launch earned wage access for employees

ABHI Microfinance Bank has entered into a strategic partnership with Saif Group to introduce its Earned Wage Access (EWA) solution for the Group's workforce. The collaboration marks another step towards…

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Faysal Bank accelerates the groundbreaking of a branch in the digitally enabled village of Papnakha

Faysal Bank (FBL) has initiated a rural financial inclusion drive in Papnakha Village, Gujranwala, as part of ongoing efforts aligned with the State Bank of Pakistan’s National Financial Inclusion Strategy…

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BankIslami recognized as Pakistan’s best Islamic Digital Bank by Euromoney

For the second consecutive year, BankIslami has been awarded Pakistan’s Best Islamic Digital Bank by Euromoney, reflecting its commitment to innovation and technology in Shariah-compliant banking. This recognition follows the…

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Karandaaz and DigiKhata launch embedded finance facility for small retailers

Karandaaz Pakistan and DigiKhata Financial Services (DKFS) have signed a strategic partnership to launch an Embedded Finance Facility (EFF). This is a first-of-its-kind initiative that turns everyday merchant payments into…

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Pakistan Banking Summit 2026 concludes with a unified vision for Pakistan’s financial future

The Pakistan Banks Association (PBA) recently wrapped up the second Pakistan Banking Summit 2026 (PBS'26), reaffirming the banking sector's united dedication to advancing Pakistan's upcoming economic development through enhanced collaboration,…

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ABHI Microfinance Bank partners with Islamabad Feeds to launch an advance salary facility for employees

ABHI Microfinance Bank has partnered with Islamabad Feeds to introduce Advance Salary facilities for its employees, reaffirming its commitment to delivering innovative digital financial solutions that improve employees' financial well-being…

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SBP’s launch of “InvestPak” is a welcoming and positive step: Mian Zahid Hussain

Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum (PBIF) & All Karachi Industrial Alliance (AKIA), Chairman of the National Business Group Pakistan (NBG), Chairman of the FPCCI…

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Bank Alfalah and British International Investment promote climate finance in Pakistan

Bank Alfalah Limited and British International Investment (BII), the UK’s development finance institution and impact investor, have signed a USD 50 million senior term loan facility to support and scale…

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