HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC), a member of the World Bank…
The Pakistan Banks Association (PBA) has officially announced the launch of the Pakistan Banking Summit 2025 (PBS’25), a landmark industry-led event set to take place on February 24 & 25, 2025, in Karachi. The announcement was made…
Under the guidance of the Securities and Exchange Commission of Pakistan (SECP), in collaboration with Insurance Association of Pakistan (IAP) and industry participants, Central Depository Company of Pakistan Limited (CDCPL)…
Faysal Bank Ltd. (FBL), a leading Islamic bank in Pakistan, has partnered strategically with Alliance Network to revolutionize digital payment acceptance for SMEs. The partnership aims to expand digital acceptance…
Today, Visa (NYSE: V), a world leader in digital payments, released a whitepaper highlighting the advantages of digitizing SME payments — with over $121 billion worth of SME B2B activities…
Workers’ remittances recorded an inflow of US$ 3.0 billion during January 2025, reflecting a y/y growth of 25.2 per cent, according to SBP. Cumulatively, during Jul-Jan FY25, workers’ remittances recorded…
In a historic first for Pakistan, Meezan Bank and the Pakistan Association of Printing & Graphic Arts Industry (PAPGAI) have joined forces through a landmark Memorandum of Understanding (MoU), marking…
Bank Alfalah, a leading commercial Bank in Pakistan, reported the comprehensive highlights of its over two years of commitment to the flood-affected communities, which commenced in 2022 after the devastating…
The total liquid foreign reserves held by the country stood at US$ 16,044.1 million as of 31-Jan-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
MCB Bank Limited (MCB) has announced its financial results for December 31, 2024, delivering another year of strong financial performance and sustainable growth. The Board of Directors, under the Chairmanship…
Mr. Yousaf Hussain, President & CEO of Faysal Bank Ltd., along with the senior management team, was invited by the Lahore Chamber of Commerce & Industry (LCCI) for a dedicated…
To promote green finance, the State Bank of Pakistan (SBP) is pleased to release the draft National Green Taxonomy for public consultation. The Taxonomy has been developed in collaboration with…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic Banks, has recently signed a strategic MoU with Pakistan State Oil (PSO) to expand digital acceptance solutions at PSO fuel stations…
Punjab’s Shahid Aftab won the NBP 49th National Snooker Championship, defeating National Bank’s Muhammad Sajjad 7-5 in an exciting final. NBP’s Senior Vice President Mudassir Inamullah was the guest of…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
The Finance Minister of Pakistan, Senator Muhammad Aurangzeb, congratulated easypaisa digital bank on its successful transformation as Pakistan’s first digital bank after receiving the coveted digital banking license from the…
Standard Chartered Pakistan was the Platinum Sponsor of the 3rd Pakistan Climate Conference, organised by the Overseas Investors Chamber of Commerce and Industry (OICCI) held at Movenpick Hotel in Karachi.…
Bank Makramah Limited (BML) is pleased to announce that the court has accepted the settlement application filed by BML and OMNI Group of approximately Rs. 10 billion on account of…
The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s financial results for the year ended December 31, 2024. The…
Visa (NYSE: V), a world leader in digital payments, hosted its inaugural market-focused client event - Visa Connect Karachi - last week. Attended by more than 200 participants, including senior…
Pak-Qatar Asset Management Company Limited (PQAMC)-Rated AM2 with stable outlook by PACRA, Pakistan’s emerging dedicated Islamic Asset Management Company and part of Pak-Qatar Group, Pakistan’s premier and pioneer Islamic financial…
easypaisa has achieved a groundbreaking milestone by becoming Pakistan’s first Digital Retail Bank to receive commercial approval for regular digital banking operations from the State Bank of Pakistan (SBP) under…
ABHI and TPL have officially completed the acquisition of FINCA Microfinance Bank Limited, a landmark development for the financial services sector. The final signing ceremony occurred in the presence of…
HBL Microfinance Bank (HBL MfB) proudly announces the appointment of Maya Inayat Ismail as the Chairperson of the Board of Directors, succeeding Rayomond H. Kotwal. Maya Inayat Ismail was part of the core strategic…
