UBL achieved a 34.1% profit growth in 1QCY26
AHCML Research has released its report on the UBL Result Review for the first quarter of calendar year 2026 (1QCY26), noting that while capital gains have boosted profits, taxes have…
Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing
Pakistan’s leading digital microfinance bank, Mobilink Bank, has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under the ‘Zarkhez-e’ Asaan Digital Zarai…
ABHI Microfinance Bank, EFU Life partner to expand access to Insurance solutions
ABHI Microfinance Bank Limited has entered into a strategic agreement with EFU Life Assurance Ltd. to offer life insurance solutions to its customer base, aiming to expand access to financial…
Pakistan’s liquid foreign reserves as on 3-Apr-2026
The total liquid foreign reserves held by the country stood at US$ 21,894.9 million as of 3-Apr-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
Faysal Bank achieves AA+ Rating from PACRA
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double…
Workers’ remittances were recorded at US$3.8 billion during March 2026: SBP
In a recent report by SBP, workers’ remittances for March 2026 totalled an impressive US$3.8 billion, reflecting a month-on-month growth of 16.5%. However, on a year-on-year basis, there was a…
easypaisa leads disbursement for PM Shahbaz Sharif’s fuel package 2026
easypaisa digital bank, Pakistan’s leading digital financial services platform and digital bank, is proud to support the Government of Pakistan in the implementation of Prime Minister Shahbaz Sharif’s Fuel Package…
ABHI Microfinance Bank and PEMRA partner to provide earned wage access to employees
ABHI Microfinance Bank Limited has entered into an agreement with the Pakistan Electronic Media Regulatory Authority (PEMRA) to provide Earned Wage Access (EWA) services to its employees, enabling them to…
Khurram Ijaz criticizes rising government bank borrowing, warns of private sector risk financing
Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has sounded the alarm over…
SBP introduces measures to aid IT exporters and freelancers
The State Bank of Pakistan (SBP) has introduced a set of reforms to facilitate IT exporters and freelancers. These reforms are designed to simplify the export realisation procedures, standardise documentation…
Faysal Bank launches Pakistan’s first mobile tap to cash service
Faysal Bank Limited (FBL) has launched Pakistan's first-ever Mobile Tap and Withdraw service, enabling its customers to withdraw cash from Faysal Bank ATMs by simply tapping their smartphone, without a…
SBP’s FX reserves increased by US$ 6 million
The total liquid foreign reserves held by the country stood at US$ 21,789.6 million as of 27-Mar-2026. The break-up of the foreign reserves position is as follows: Foreign reserves held…
PQAMC announces a dividend of PKR 0.6465 for PQMIP for March 2026
Pak-Qatar Asset Management Company Limited (PQAMC), a leading dedicated Islamic asset management company in Pakistan, has announced a monthly dividend of PKR 0.6465 per unit for its Pak-Qatar Monthly Income…
Veon CEO lauds Mobilink Bank’s 35% green energy transition
Mobilink Bank is pioneering sustainable banking in Pakistan, focusing on an ESG-led transformation to become a responsible, future-ready financial institution. With over one-third of its branch network powered by renewable…
Meezan Bank accelerates digital payments in Pakistan
Meezan Bank is stepping up its digital payments strategy, expanding its merchant network and accelerating adoption of instant payment solutions as Pakistan’s shift toward a cashless economy gathers pace, senior…
Mashreq Global Network Pakistan Launches New Offshore Centres in Karachi and Lahore
Mashreq, a prominent international financial institution, has launched new Mashreq Global Network (MGN) Offshore Centres in Karachi and Lahore, reflecting its commitment to Pakistan's talent and digital banking. Over USD…
SBP’s FX reserves increased by US$ 22 million
The total liquid foreign reserves held by the country stood at US$ 21,736.0 million as of 19-Mar-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Visa has announced the launch of Visa Intelligent Authorization,
Visa has announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform designed to modernise payment processing for acquirers. This single API connection allows acquirers…
SBP’s FX reserves increased by US$ 13 million
Pakistan’s Liquid Foreign Reserves Position, as released by SBP today. The total liquid foreign reserves held by the country stood at US$ 21,704.2 million as of 13-Mar-2026. The breakdown of…
Zindigi launches Pakistan’s first Fintech credit card
Zindigi, powered by JS Bank, has launched Pakistan’s first fintech credit card, marking a major milestone in the country’s digital financial evolution. Built for a mobile-first generation, the Zindigi Credit Card…
SBP: 3.4 billion retail transactions were conducted during October to December 2025
The State Bank of Pakistan (SBP) has released its Quarterly Report on Payment Systems for the quarter October to December 2025. The report presents an overview of key payment trends…
easypaisa digital bank, RUDA partner to drive financial inclusion in rural communities
In a significant step toward realizing the vision of a Digital Pakistan, Ravi Urban Development Authority (RUDA) and easypaisa digital bank have signed a Memorandum of Understanding (MoU) to promote…
NBP conducts merchant sales conference in Lahore
National Bank of Pakistan (NBP) held its 2nd Merchant Sales Conference in Lahore as part of its ongoing efforts to expand the adoption of digital payments and strengthen Pakistan’s cashless…
Pakistan (C/A) recorded a surplus of US$427mn in February 2026
External balance improves; oil risk persists Pakistan’s current account (C/A) recorded a surplus of US$427mn in February 2026 - the fourth surplus in 8MFY26 and the largest FYTD – reflecting a sequential improvement…
Mashreq Bank Pakistan hosts an Iftar dinner for journalists in Karachi
Muhammad Hamayun Sajjad, CEO of Mashreq Bank Pakistan, hosted an Iftar dinner in Karachi on Monday at a local hotel in honour of media members. Speaking on the occasion, Sajjad…