SBP’s FX reserves increased by US$ 13 million
The total liquid foreign reserves held by the country stood at US$ 22,474.6 million as of 31-Jul-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Faysal Bank reports resilient growth and strong results in the first half of 2026
Faysal Bank Limited (FBL) reported a strong performance in H1 2026, achieving a Profit Before Tax of PKR 20.5 billion and a net profit of PKR 10 billion, with Earnings…
Bank Alfalah offers insurance for PKR Current Plus Account holders
Bank Alfalah has partnered with Alfalah Insurance to provide Accidental Death and Permanent Total Disability Insurance Coverage of up to PKR 3 million at no extra cost for PKR Current…
HugoBank achieves pilot approval from State Bank of Pakistan
HugoBank, one of Pakistan's premier upcoming digital banks, today announced that it has received approval from the State Bank of Pakistan (SBP) to initiate pilot operations. This is a significant…
HBL delivers strong H1’26 results with Rs 73.1 bn PBT
Habib Bank Limited (HBL) announced consolidated profit before tax of Rs 73.1 billion and profit after tax of Rs 34.5 billion for the half-year ended June 30, 2026. Earnings per…
BankIslami hosts FY2027 economic outlook sessions in Karachi and Lahore
BankIslami, a leading Islamic bank in Pakistan, held sessions titled “Pakistan Economic Outlook: FY2027 and Beyond” to discuss the country’s financial landscape with policymakers, economists, and business leaders. Key participants…
Why ABHI Bank is going Public: A guide to sustainable banking expansion
Eighteen months ago, we acquired a struggling bank and rapidly turned it around by implementing a secured lending model and digital-first strategy, restoring profitability and establishing a strong foundation for…
Bank Alfalah reports 39% rise in half-year 2026 profit
Bank Alfalah Limited announced a 39.6% increase in profit after tax to PKR 21.32 billion for the half-year ended June 30, 2026. Earnings per share rose to PKR 6.76, up…
Ahya Technologies partners with Bank Alfalah to promote sustainable finance and decarbonize portfolios
Bank Alfalah, a leading bank in Pakistan, has partnered with Ahya Technologies to enhance its green banking and sustainable finance efforts. With Pakistan needing $40 billion to $50 billion annually…
Standard Chartered hosts Legal Aid Society for women’s rights awareness session
Standard Chartered Pakistan recently held a legal awareness session with the Legal Aid Society (LAS) focused on women’s rights and access to justice. The event engaged staff across the Bank,…
MPC unanimously decided to keep the policy rate unchanged at 11.5 percent
The Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged at 11.5 percent in its meeting held today. The Committee assessed that the macroeconomic outlook has improved…
SBP’s FX reserves increased by US$ 33 million
The total liquid foreign reserves held by the country stood at US$ 22,669.6 million as of 17-Jul-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Inaugural issue of Pakistan’s short-term Hybrid Sukuk
The Ministry of Finance (MoF), in collaboration with the State Bank of Pakistan (SBP), the Securities and Exchange Commission of Pakistan (SECP), Joint Financial Advisors (JFAs) – BIPL, DIB, BAFL…
JS Bank FIR: Police act against flour mill partners in PKR 100m loan default
In a major development in a banking crime case, Kotri Police have registered an FIR on the complaint of JS Bank Limited against four partners of M/s Southland Flour Mill…
Intl’ Insurance Conference: Sindh to launch multiple insurance schemes with private sector
Sindh Chief Minister Syed Murad Ali Shah has said the provincial government is working closely with the insurance industry to introduce multiple insurance schemes in collaboration with the private sector…
Bank Alfalah inaugurates its 1,200th Branch at Khayaban-e-Shamsheer, Karachi
Bank Alfalah, a leading Pakistani bank, inaugurated its 1,200th branch at Khayaban-e-Shamsheer, Karachi, marking a milestone in its growth. The Retail-cum-Premiere Branch offers a full range of banking products, including…
International Insurance Conference to convene global industry leaders
More than 500 insurance executives, actuaries, regulators, policymakers, and international experts will gather in Karachi on July 21 for the 1st IAP & PSOA International Insurance Conference 2026, marking one…
HBL wins ‘Pakistan’s Best Bank 2026’ award by Euromoney
Euromoney Awards for Excellence 2026 has awarded HBL the accolade of ‘Pakistan's Best Bank’. The Bank has also won ‘Pakistan’s Best Retail Bank’, ‘Pakistan’s Best Bank for Sustainable Finance’, ‘Pakistan’s…
Standard Chartered Pakistan recognised as the best mortgage bank by Euromoney
Standard Chartered Pakistan has been named Pakistan's Best Mortgage Bank by Euromoney, highlighting the bank's commitment to supporting home ownership and its strong mortgage offerings. This recognition underscores the bank's…
JS Bank shines at Asian Banking & Finance Awards 2026
JS Bank has won three prestigious awards at the Asian Banking & Finance Awards 2026, including SME Bank of the Year – Pakistan, Private Bank of the Year – Pakistan,…
ABHI Microfinance Bank has partnered with Thardeep
ABHI Microfinance Bank has partnered with Thardeep to enhance access to banking services across Pakistan, particularly for underserved communities. The agreement was signed by Ms. Mariam Pervaiz, Chief Commercial Officer…
Meezan Bank advances sustainability with LEED Gold Certification
Meezan Bank’s new Regional Headquarters, Meezan Tower in Islamabad, has achieved LEED Gold Certification from the U.S. Green Building Council, highlighting the bank's commitment to sustainability in its operations and…
easypaisa partners with EFU Life to offer Takaful savings solution
easypaisa Digital Bank has made Shariah-compliant savings simple, accessible, and fully digital by offering an Islamic Takaful Savings solution within its app. The initiative, being offered in collaboration with EFU Life,…
Muhammad Umar Ilyas is now Chief Information Officer for Mashreq Pakistan Operations
Mashreq Pakistan has announced the appointment of Muhammad Umar Ilyas as Chief Information Officer, highlighting its commitment to technology and digital banking in Pakistan. Umar Ilyas brings over 22 years of…
Mobilink Bank has won three awards from FinanceAsia
Mobilink Bank, Pakistan's leading digital microfinance bank, won three accolades at the FinanceAsia Awards 2026: Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology.…