SBP reserves decreased by US$ 152 million
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 cardholders can now add their cards to Google Wallet in Pakistan
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 boosts digital payments in Pakistan with Google Wallet
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…
Google Wallet now available for Meezan Bank customers in Pakistan
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 now available in Pakistan
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…
UBL completes merger with SILK
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…
PCDMA rejects 12% interest rate decision
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.…
Site Chief terms 12% policy rate decision as disappointing
Ahmed Azim Alvi, President of SITE Association of Industry Karachi, has called the State Bank of Pakistan's decision to maintain the policy rate at 12% against the expectations of the…
FPCCI is disappointed with the no downward change in monetary policy
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of Pakistan is disappointed with the monetary policy as it continues to be based on…
MPC decided to keep the policy rate unchanged at 12 percent.
At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 12 percent. The Committee noted that inflation in February 2025 turned out lower…
EFU General Insurance honoured with (NFEH) 14th Annual Fire & Safety Award 2024
EFU General Insurance was honored by the National Forum of Environment & Health (NFEH) with the 14th Annual Fire & Safety Award 2024. Syed Ahmed Hassan, Senior Executive Vice President…
HCSTSI commended the GoP’s initiatives to promote cryptocurrency
Muhammad Saleem Memon, President of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), commended the Government of Pakistan's initiatives to promote cryptocurrency and blockchain technology, viewing it as…
BankIslami has launched its first fully women-managed branch in Karachi
BankIslami has launched its first fully women-managed branch in Karachi to promote gender inclusivity in the workplace. The branch, operated entirely by female employees, is an initiative to empower women…
easypaisa supports GoP in disbursing financial assistance to 1 m+ beneficiaries
In line with our mission to empower underserved communities and expand financial access, easypaisa digital bank is actively supporting the Government of Pakistan this Ramadan, delivering vital financial assistance to…
Faysal Bank, Akhuwat Foundation & TCF Partner for Interest-Free Solar Financing
Faysal Bank Limited (FBL), one of Pakistan’s largest Islamic banks, has strengthened its commitment to sustainability and women’s empowerment by partnering with Akhuwat Islamic Microfinance (AIM) and The Citizens Foundation…
NKATI appealed to SBP to reduce the interest rate by up to 5%
Faisal Moez Khan, President of the North Karachi Association of Trade and Industry (NKATI), has appealed to the Governor of the State Bank of Pakistan to reduce the interest rate…
SBP reserves increased by US$ 27 million
The total liquid foreign reserves held by the country stood at US$ 15,873.8 million as of 28-Feb-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
NBP wins 10 ‘Best Practice’ Awards at the Global Diversity, Equity and Inclusion Benchmarks (GDEIB) Awards & Conference 2025
National Bank of Pakistan (NBP) has once again demonstrated its leadership in fostering an inclusive and equitable workplace by securing 10 ‘Best Practice’ Awards at the Global Diversity, Equity and…
Mastercard and Mashreq to launch a digital bank in Pakistan
Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. Announced at a signing ceremony held at Mashreq HQ in Dubai,…
Payoneer and Meezan Bank join forces to revolutionize international payment
Payoneer (NASDAQ: PAYO) the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, has partnered with Meezan Bank, Pakistan’s leading Islamic…
Khushhali Microfinance Bank partners with Qazi Shariah Consultancy to strengthen commitment to Islamic Banking
Khushhali Microfinance Bank Limited (KMBL) has taken a significant step toward expanding its Islamic banking offerings by collaborating with Qazi Shariah Consultancy. This strategic partnership is aligned with the State…
EFU General wins ‘Brand Icon of Pakistan 2024’ Award
EFU General has been honored with the 'Brand Icon of Pakistan 2024' award by the Brands Foundation. This prestigious recognition reflects our unwavering commitment to excellence, trust, and outstanding service…
EFU General Insurance sponsors HMB 5th Invitational Golf Tournament
EFU General Insurance Limited sponsored the Habib Metropolitan Bank (HMB) 5th Invitational Golf Tournament on November 30, 2024, at DHA Country & Golf Club, Karachi. The event brought together corporate…
JS Bank records consolidated PBT of PKR 30.7 bn in 2024
JS Bank Limited continued to strengthen itself through sustainable growth and innovative financial solutions, solidifying its position as one of the fastest-growing banks in the country. As a result, JS…
Mobilink Bank recognized among ‘Top 10 Inclusive Companies’ at GDEIB Awards 2025
Pakistan's leading digital microfinance bank, Mobilink Bank, has been named one of the 'Top 10 Inclusive Companies of the Year' at the prestigious Global Diversity, Equity, and Inclusion Benchmarks (GDEIB) Awards…