The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25, providing a summary of payment systems and presenting notable changes in the country’s digital…
In a significant move for Pakistan’s banking sector, BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched the country’s first-ever cheque encashment service through Cash & Cheque…
Meezan Bank, Pakistan’s leading Islamic bank and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter of Intent (LOI) to collaborate on establishing a Centre for…
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,…
Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company in Pakistan, and part of Pak-Qatar Group, which is Pakistan’s Pioneer and Premier Islamic financial services…
The total liquid foreign reserves held by the country stood at US$ 15,551.0 million as of 21-Mar-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Bank Alfalah, one of Pakistan's leading commercial banks, has launched AlfaMall on WhatsApp. This groundbreaking e-commerce shopping platform enables customers to browse, select, and purchase products directly within the messaging…
Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, furthered its commitment to community well-being with a notable visit to Indus Hospital & Health Network (IHHN). During…
JS Bank, one of the fastest-growing banks in Pakistan, has strengthened its partnership with Al Ansari Exchange, a leading exchange company in the UAE, to enhance cross-border remittance services. As…
easypaisa digital bank has launched its very own digital insurance marketplace, making insurance more accessible, affordable, and convenient for millions of Pakistanis. The platform offers a comprehensive range of coverage…
Mashreq Pakistan, part of leading financial institution in the MENA region, Mashreq, is pleased to announce the appointment of Syed Jaffar Abbas Shirazi Head of NEOBiz at Mashreq Pakistan. With…
Pakistan's leading digital microfinance institution, Mobilink Bank, has solidified its standing as a trailblazer in women's financial inclusion and economic empowerment by winning the 'CMO Marketing Campaign Award at the…
MCB Bank Limited has announced a strategic partnership with Fauree Tech Pvt. Ltd., a fintech company specializing in digital supply chain finance solutions. This collaboration will expand MCB Bank’s portfolio…
HBL Zarai Services Limited (HZSL) and Zarai Taraqiati Bank Limited (ZTBL) have signed a Memorandum of Understanding (MoU) to enhance financial inclusion and modern agricultural services for farmers across Pakistan.…
Zindigi, powered by JS Bank, takes another significant step toward smarter payments with the launch of the QR SoundBox, offering real-time audio alerts to simplify and secure transactions for merchants.…
The total liquid foreign reserves held by the country stood at US$ 16,015.8 million as of 14-Mar-2025. The break-up of the foreign reserves position is as follows: Foreign reserves held…
Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems, has launched the Digital Financing for Agriculture Challenge (DFAC) - Round…
In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s first fully digital Islamic banking solution. Designed to deliver seamless, Shariah-compliant financial services nationwide, aik…
The total liquid foreign reserves held by the country stood at US$ 15,928.9 million as of 7-Mar-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Visa (NYSE: V), a global leader in digital payments, has announced that cardholders in Pakistan can now add their Visa cards to Google Wallet. The announcement was made yesterday at a…
JazzCash customers can now add their debit cards to Google Wallet, empowering its over 13 million monthly active app users to make secure and seamless tap-to-pay transactions. By linking their…
Starting today, cardholders of Meezan Bank can add their debit cards to Google Wallet, enhancing the digital payments landscape in the country. This will enable Meezan Bank customers to make…
Google Wallet is a safer, simpler, and more helpful way to access essentials like payment cards, loyalty cards, and boarding passes from your Android devices. Starting today, cardholders of Bank…
The SBP has approved Silk Bank’s merger with and into United Bank, which will entail one new ordinary share of UBL being issued for every 325 shares of SILK. This…
Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has rejected the State Bank's decision to keep the interest rate at 12% and demanded a significant reduction.…