Karandaaz, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems for inclusion, has partnered with Vizpro, a technology-driven “Middle Mile” fintech platform…
The total liquid foreign reserves held by the country stood at US$ 15,251.8 million as of 25-Apr-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
easypaisa digital bank was at the forefront of creating meaningful impact during Ramadan, processing over PKR 107 million in donations through its dedicated campaign, marking an 18% year-on-year increase from…
The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of new…
Pakistan’s leading digital microfinance bank, Mobilink Bank, has announced a strategic partnership with Daraz Pakistan, the country's largest e-commerce platform, to accelerate financial inclusion, access to finance and digital enablement…
Standard Chartered and The British Asian Trust have announced to renew their partnership and are thrilled to launch ‘Thriving Futures’, a three-year enterprise development programme that will focus on providing…
JS Bank, one of the fastest-growing banks in Pakistan, has announced its financial results for the first quarter ended March 31, 2025. The Bank reported an unconsolidated Profit Before Tax…
The Monetary Policy Committee (MPC) is scheduled to convene its next meeting on May 5, 2025, and we anticipate the State Bank of Pakistan (SBP) to reduce the policy rate…
Urgent dedicated primary legislation, swift adoption of AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standards tailored to local financial context, and the establishment of a stronger Shariah governance framework are critical…
Lucky Investments Limited (Lucky Investments) has been awarded an initial Asset Manager Rating of “AM2” with a Positive Outlook by The Pakistan Credit Rating Agency Limited (PACRA). This significant milestone…
Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a profit before tax of PKR 17.0bn compared to PKR 24.7bn in Q1’24. The Bank posted revenue of…
In an effort to make homeownership more accessible to Pakistanis, BankIslami is offering a lowest financing solution at 1-Year KIBOR + 1%. This offer provides customers with an affordable and…
HBL today declared a record profit before tax of Rs 36.6 billion for the quarter ended March 31, 2025, 22% higher than in the same period last year. The profit…
Faysal Bank Limited (FBL) demonstrated resilient financial performance, reporting a Profit Before Tax (PBT) of PKR 11.1 billion on a standalone basis and a net profit of PKR 5.1 billion.…
The State Bank of Pakistan (SBP) has issued its annual flagship publication, Financial Stability Review (FSR), for the year 2024. The Review is prepared and published in terms of requirements…
The total liquid foreign reserves held by the country stood at US$ 15,436.0 million as of 18-Apr-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Meezan Bank, Pakistan’s first and largest Islamic bank, welcomed a high-level delegation from Malaysia to its Head Office in Karachi in a landmark visit aimed at studying Meezan Bank’s successful…
The Board of Directors of MCB Bank Limited (MCB), met under the Chairmanship of Mr. Mian Mohammad Mansha, to review the performance of the Bank and approved the condensed interim…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, reinforced its commitment to social responsibility and nation-building through a meaningful visit to Habib University — a premier liberal arts…
BankIslami, one of the country’s fastest-growing Islamic financial institutions, announced its financial results for the first quarter ended March 31, 2025. The Bank reported a Profit Before Tax (PBT) of…
JS Bank, one of Pakistan’s fastest-growing financial institutions, has exclusively partnered with Instant Cash, a company within the FINTX portfolio and a global money transfer brand, to launch JS GharPay,…
MEBL announced earnings (PAT) today for 1QCY25 at PKR 22bn (EPS: PKR 12.3), depicting a decline of 11% YoY | 11% QoQ (4QCY23 EPS: PKR 13.9). The bank's earnings contracted…
The total liquid foreign reserves held by the country stood at US$ 15,662.0 million as of 11-Apr-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
In line with its core mission to empower farmers and transform Pakistan’s agriculture landscape, HBL Zarai Services Limited (HZSL) has launched its wheat procurement initiative under its flagship retail brand…
The Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, attended the gong ceremony at the Pakistan Stock Exchange (PSX) on Monday and highlighted the noticeable progress made…