Meezan Bank, Pakistan's leading Islamic Bank and one of the largest banks in the country has been recognized as the global winner of 'Best Islamic Retail Bank' for 2022, by…

The State Bank of Pakistan will remain closed for public dealing on Friday, March 24, 2023, which shall be observed as a 'Bank Holiday' for deduction of Zakat since 1st…

As per the latest data compiled by SBP in Feb'23, the current account recorded a deficit of USD74mn as compared to USD230mn in Jan'23, signifying an improvement of 68%MoM (USD156mn),…

HABIBMETRO BANK, held a grand event in celebration of International Women's Day on March 13, 2023, at Area 51, Karachi. The event, which was themed "Embrace Women, Embrace Equity," aimed…

Aktkar Fuiou Technologies (AFT) has signed an agreement with Mastercard marking its commitment to participate in the Mastercard Community Pass Program.  Digitt+, Pakistan's first regulated agri-fintech company, powered by AFT,…

The total liquid foreign reserves held by the country stood at US$ 9,846.8 million as of 10-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

TPL Corp CEO Mr Ali Jameel met with Finland's Ambassador to Pakistan to strengthen business relations between the two countries. The meeting, which took place at Avari Towers Karachi, is…

Karandaaz Pakistan arranged a webinar on 15th March, 2023 to launch its latest study on The State of Business Taxation in Pakistan – Challenges for SMEs. The report provides detailed analysis…

TPL Life Insurance Limited, Pakistan's 1st InsurTech enterprise in the innovative insurance business, has launched the country's most revolutionary Virtual Life Insurance Agent Learning & Earning Platform – "Muavin." A…

Pakistan: Meezan Bank, Pakistan's leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) - a multi-disciplinary advisory service, under which both parties will collaborate to…

Pak-Qatar Takaful is awarded the 12th Annual Corporate Social Responsibility Award in the category of Business Practices at the awards ceremony at the local hotel in Karachi. On behalf of…

Bank Alfalah's e-commerce platform, AlfaMall, has partnered with Muller and Phipps (M&P) to enhance customer product delivery services. Through the partnership, AlfaMall will develop a one-stop shop for customers to…

EFU General was recognised by the Insurance Association of Pakistan with an award for the Company's relentless effort and devotion in executing the IAP House Project. The award was received…

The total liquid foreign reserves held by the country stood at US$ 9,754.0 million as of 03-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

TPL Insurance Limited – Window Takaful Operations (WTO), one of the leading insurance providers in Pakistan, has partnered with Takaful Bazaar, an upcoming Takaful digital platform, to offer shariah-compliant services…

Pak-Qatar General Takaful has partnered with Takaful Bazaar as this partnership aims to promote and offer Shariah Compliant products as well as to smooth the customer handling journey via technology…

Mobilink Microfinance Bank Ltd. (MMBL) has taken another step towards expanding its reach across Pakistan by partnering with CASH1 - owned by Webdnaworks Private Limited. Webdnaworks is the pioneer of…

Pakistan Banks' Association (PBA), on behalf of all its member banks, signed the project contract for the development and execution of Pakistan's first, blockchain based, national eKYC banking platform with the…

The total liquid foreign reserves held by the country stood at US$ 9,267.9 million as of 24-Feb-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman expressed serious concern about the State Bank increasing the interest rate by 3 percent to a level of 20 percent…

The GSMA Connected Women Commitment Initiative was set up in 2016 to accelerate digital and financial inclusion for women across Africa, Asia, and Latin America. Since the inception of the…

At its meeting held on 2nd March 2023, the Monetary Policy Committee (MPC) decided to increase the policy rate by 300 basis points to 20 percent. During the last meeting…

Karandaaz Pakistan signed a data sharing agreement with TASDEEQ, a private credit bureau operating in Pakistan. By joining hands with TASDEEQ, Karandaaz will be enhancing the data offered through its…

BankIslami Pakistan Limited ('the Bank' or 'BankIslami') announced its financial results for the year ended December 31, 2022 declaring a remarkable growth of 142% in profit before tax i.e. Rs.…

Pak-Qatar Family Takaful has partnered with Takaful Bazaar as this partnership aims to promote and offer Shariah Compliant products as well as to smooth the customer handling journey via technology…