Pakistan Credit Rating Agency (PACRA) has reaffirmed its highest insurer financial strength rating for The United Insurance Company of Pakistan Limited, signalling continued confidence in the 66-year-old non-life insurer. In…
Visa Inc. (NYSE: V) has launched Intelligent Commerce Connect, a solution that facilitates AI-powered commerce for businesses, enabling agent builders, merchants, and enablers to participate seamlessly. As consumers increasingly use…
InfraZamin Pakistan, in partnership with Infralectric, DIB Pakistan Limited, Bank Alfalah Limited, and Meezan Bank Limited, announced the launch of Pakistan’s first-ever PKR 3 billion, ‘AAA’ Rated, Green Sukuk for…
According to AHCML Research, Pakistan’s current account (CA) recorded its third consecutive monthly surplus in Mar’26, clocking in at USD 1,070mn, reflecting a sharp 363% MoM increase from USD 231mn in…
Pakistan’s first-ever Sovereign Hybrid Sukuk marks a transformative step in the evolution of the country’s Islamic financial landscape, addressing long-standing structural challenges faced by Islamic banks, particularly the limited availability…
Mega Motor Company (MMC), the official partner of the world’s no.1 NEV brand, BYD, in Pakistan, has entered into a strategic partnership with TPL Insurance, one of Pakistan’s leading general…
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…
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 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…
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 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…
In a recent report by SBP, workers’ remittances for March 2026 totalled an impressive US$3.8 billion, reflecting a month-on-month growth of 16.5%. However, on a year-on-year basis, there was a…
easypaisa digital bank, Pakistan’s leading digital financial services platform and digital bank, is proud to support the Government of Pakistan in the implementation of Prime Minister Shahbaz Sharif’s Fuel Package…
ABHI Microfinance Bank Limited has entered into an agreement with the Pakistan Electronic Media Regulatory Authority (PEMRA) to provide Earned Wage Access (EWA) services to its employees, enabling them to…
Khurram Ijaz, General Secretary of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has sounded the alarm over…
The State Bank of Pakistan (SBP) has introduced a set of reforms to facilitate IT exporters and freelancers. These reforms are designed to simplify the export realisation procedures, standardise documentation…
Faysal Bank Limited (FBL) has launched Pakistan's first-ever Mobile Tap and Withdraw service, enabling its customers to withdraw cash from Faysal Bank ATMs by simply tapping their smartphone, without a…
The total liquid foreign reserves held by the country stood at US$ 21,789.6 million as of 27-Mar-2026. The break-up of the foreign reserves position is as follows: Foreign reserves held…
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…
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 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, 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…
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, a new capability on the Visa Acceptance Platform designed to modernise payment processing for acquirers. This single API connection allows acquirers…
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…
