NBP saw strong turnaround in its 2QCY25
AHL Research's report on the National Bank of Pakistan highlights a strong turnaround in its 2QCY25 results, with earnings of PKR 20.8bn (EPS: PKR 9.8), compared to a loss of…
SBP reserves increased by US$ 18 million
The total liquid foreign reserves held by the country stood at US$ 19,617.8 million as of 22-Aug-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
SBP makes Public its Annual Financial Statements for the Financial Year 2024-25
The State Bank of Pakistan has released its financial statements for FY25 along with the auditors’ report thereon on its website. Simultaneously, the aforesaid financial statements and auditors’ report have…
Faysal Bank reports H1 2025 financial results amidst continued business momentum
Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, sustained its business momentum in the first half of 2025 and continued to gain market share in…
SBP – BSC and UN Women Pakistan have signed MoU
The State Bank of Pakistan, Banking Service Corporation (SBP BSC) and UN Women Pakistan have signed a Memorandum of Understanding (MoU) to foster long-term cooperation aimed at enhancing financial inclusion,…
BAHL announced its 2QCY25 financial results earlier today
According to AKD Research, the Bank Al-Habib Limited (BAHL) announced its 2QCY25 financial results earlier today, wherein the bank posted NPAT of PkR9.1bn (EPS: PkR8.2) for the quarter, down 18%YoY/11%QoQ.…
Standard Chartered Pakistan reports PBT of PKR 32.9 billion
Standard Chartered Bank (Pakistan) Limited delivered a resilient financial performance with a profit before tax of PKR 32.9bn compared to PKR 49.3bn in H1’24. The Bank posted a revenue of PKR…
SBP invites applications for First Cohort of Regulatory Sandbox to foster Innovation
As envisaged in the SBP Vision 2028, the SBP has announced the themes of first cohort under its Regulatory Sandbox initiative. Under this cohort, SBP will consider applications focused on…
easypaisa digital bank reports PBT of Rs. 3.64 billion for H1 2025
The Board of Directors of easypaisa digital bank approved the financial statements for the half year ended June 30, 2025. The Bank reported a profit before tax of PKR 3.64 billion,…
BAFL is the second largest player in remittances
Topline Securities organized the Pakistan Day Conference 2025. The conference started with a session on Bank Alfalah (BAFL), where the senior management of the bank briefed participants on the recent…
JS Bank posts PBT of PKR 3.488 Billion for 1H 2025
JS Bank Limited, one of the fastest-growing banks in Pakistan, announced its financial results for the half-year ended June 30, 2025. The Bank maintained stable overall income growth, with total…
Mobilink Bank, has successfully upgraded its core banking system
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…
PAYO has partnered with Stripe to enhance its Online Checkout services
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,…
SBP reserves increased by US$ 13 million
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…
MEBL reported a profit of PKR 46.2 billion (EPS: PKR 25.7)
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 SBP highlights capital market development as vital for sustainable economic growth
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.…
SBP reserves increased by US$11 million
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…
Pakistan’s first fully digital insurance journey has been launched
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…
SBP keeps unchanged interest rate at 11 percent
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…
MEBL’s profit on Islamic financing was recorded at PkR101.9bn in 2QCY25
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…
The FIFA World Cup 2026™ begins with Visa
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 partners with NDS Technologies
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…
Pakistan’s first satellite-powered agri-lending solution by a local bank
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)…
Pakistani workers’ remittances in July 2025 saw a growth of 7.4%
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 onboards 29 future leaders
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…
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