Meezan Bank (MEBL) announced 1Q2024 unconsolidated earnings of Rs25.4bn (EPS of Rs14.18), which is up 65% YoY. The result came in line with industry expectations. Alongside the result, the bank…

Telenor Microfinance Bank (TMB), the operator of Pakistan's leading digital financial services platform easypaisa, announced its financial results for the year ended December 31, 2023, marking a remarkable turnaround with…

Mashreq Pakistan, a part of Mashreq, the leading financial institution in the MENA region, has further solidified its commitment to Pakistan by announcing three key leadership appointments. Shamsulhaq Niaz has…

Dubai Islamic Bank, ARY Services & MAK Global have collaborated and signed a tri-partite MOU to launch RAAST P2M (Payment to Merchants) services in Pakistan. The signing Ceremony was held…

Raqami Islamic Digital Bank Limited is proud to announce that two of its esteemed leaders have been honored with the prestigious awards of Sitara-e-Imtiaz and Sitara-e-Pakistan, by the Government of…

The State Bank of Pakistan has today issued a framework to onboard the Benazir Income Support Program (BISP) Beneficiaries for receiving the social welfare payment into their accounts to be…

easypaisa, Pakistan's leading digital financial services platform, has launched the QR SoundBox, a portable device for payment alerts and notifications, to revolutionize digital financial services in Pakistan. The QR SoundBox…

Pak-Qatar Asset Management Company Limited (PQAMC) is a leading pure Islamic asset management company in Pakistan and part of Pak-Qatar Group, Pakistan's pioneer and premier Islamic financial services group. PQAMC…

The total liquid foreign reserves held by the country stood at US$ 13,378.9 million as of 29-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…

Pakistan Telecommunication Company Limited (PTCL) and National Insurance Company Limited have signed an agreement for provision of Smart Cloud Services bundled with allied licenses. Muhammad Basharat Qureshi, Group Vice President…

Bank Alfalah, a leading commercial bank in Pakistan, has signed a Memorandum of Understanding with Indus Hospital & Health Network (IHHN)  for Humanitarian Response to support the establishment of a…

JS Bank, one of the fastest-growing banks in Pakistan, announced the milestone of crossing PKR 500 billion in deposits. This achievement resulted from sustained momentum stemming from a strong closing…

BankIslami recently organised an Iftar dinner at Dar-ul-Sukun, extending its warmth to differently-abled children and senior citizens. This event, held in the Holy month of Ramadan, emphasised the bank's unwavering…

Bank Makramah Limited (BML) held its 18th Annual General Meeting (AGM) of the shareholders, headed by Mr Abdulla Nasser Abdulla Hussain Lootah, Chairman of the Board of Directors of BML.…

Mashreq Pakistan, a part of Mashreq, the leading financial institution in the MENA region, is proud to announce its partnership with 1LINK, Pakistan's premier switch and payment services provider. This…

The total liquid foreign reserves held by the country stood at US$ 13,427.6 million as of 22-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…

The total liquid foreign reserves held by the country stood at US$ 13,390.7 million as of 15-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…

TrustDecision is forging a pivotal partnership with Rapid, Pakistan's leading in-country cloud service provider, to deliver its cutting-edge fraud, credit risk, and compliance solutions. This collaboration will empower commercial banks,…

In a landmark collaboration, easypaisa, Pakistan's leading digital financial services platform, and Knorr, Unilever's biggest food brand, have joined forces to revolutionize the digital payments landscape. This strategic partnership represents…

Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative…

Yadea Pakistan, a global leader in electric bikes, and Bank Alfalah have joined hands in a special partnership by signing a Memorandum of Understanding (MoU) to provide its customers with…

Monetary Policy Statement At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. In approaching today's decision, the Committee noted that…

Zindigi aligning seamlessly with the strategic vision of the State Bank of Pakistan, leads innovation by empowering merchants nationwide with Raast  P2M Merchants Payments Ecosystem.  Zindigi, powered by JS bank…

Bank Alfalah, the leading commercial Bank in Pakistan, proudly announced the inauguration of its flagship Islamic Premier branch, located on the ground floor of Dolmen Sky Tower in Clifton Karachi.…