JS Bank shines at Asian Banking & Finance Awards 2026
JS Bank has won three prestigious awards at the Asian Banking & Finance Awards 2026, including SME Bank of the Year – Pakistan, Private Bank of the Year – Pakistan,…
JS Bank has won three prestigious awards at the Asian Banking & Finance Awards 2026, including SME Bank of the Year – Pakistan, Private Bank of the Year – Pakistan,…
ABHI Microfinance Bank has partnered with Thardeep to enhance access to banking services across Pakistan, particularly for underserved communities. The agreement was signed by Ms. Mariam Pervaiz, Chief Commercial Officer…
Meezan Bank’s new Regional Headquarters, Meezan Tower in Islamabad, has achieved LEED Gold Certification from the U.S. Green Building Council, highlighting the bank's commitment to sustainability in its operations and…
easypaisa Digital Bank has made Shariah-compliant savings simple, accessible, and fully digital by offering an Islamic Takaful Savings solution within its app. The initiative, being offered in collaboration with EFU Life,…
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…
Mobilink Bank, Pakistan's leading digital microfinance bank, won three accolades at the FinanceAsia Awards 2026: Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology.…
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…
Standard Chartered Pakistan has appointed Adil Salahuddin as Chief Executive Officer & Head of Coverage, pending regulatory approvals. Rola Abu Manneh, CEO for UAE, Middle East, and Pakistan, stated that…
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…
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…
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…
The total liquid foreign reserves held by the country stood at US$ 23,988.7 million as of 3-Jul-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
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…
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…
Bank Alfalah, a leading commercial Bank, has successfully raised PKR 20 billion through the issuance of a AAA-rated Tier 2 Term Finance Certificate (TFC), marking the largest TFC issuance in…
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,…
The State Bank of Pakistan (SBP) reported that workers’ remittances stood at US$ 3.5 billion in June 2026, reflecting a modest 2 percent year-on-year increase, while marking an 18.3 percent…
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…
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…
Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has said that the ongoing crackdown on Hawala/Hundi and illegal currency trading has significantly strengthened the Pakistani rupee,…
DIB is pleased to announce the successful completion of USD 101 million in financing for D.G. Khan Cement Company Limited (DGKC) to facilitate the acquisition of Rafhan Maize Products Company…
The Pakistan Credit Rating Agency Limited (PACRA) has upgraded easypaisa digital bank’s long-term credit rating from A+ to AA-, highlighting its position as Pakistan’s leading digital bank following its transformation…
Lucky Investments Limited ("Lucky Investments") announced the recent launch of the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund designed to provide investors with competitive Halal returns…
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…
Pak-Qatar Family Takaful Limited has been awarded a global accolade at the 14th International Takaful Summit 2026, held in London, England, in recognition of surpassing Pakistan's Takaful growth ceiling through…