Zong, Pakistan's leading Technology Service Enterprise, has partnered with Mashreq Bank Pakistan to integrate telecom services into Mashreq’s digital banking ecosystem. This collaboration allows Mashreq customers to access Zong services,…
Workers’ remittances to Pakistan reached US$3.5 billion in April 2026, marking an 11.4 percent increase compared to the same month last year, according to data released by the State Bank…
easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax…
Faysal Bank, one of the leading and most innovative Islamic banks in the country, has further reinforced its strategic partnership with Avanza Solutions in the digital banking space. Faysal Bank’s…
Pakistan’s total liquid foreign exchange reserves stood at US$ 21,293.5 million as of April 30, 2026, according to the latest data released by the State Bank of Pakistan (SBP). The…
National Bank of Pakistan proudly announces the launch of NBP SmartPay, a state-of-the-art digital payment platform designed to transform the way businesses manage their financial transactions. NBP SmartPay is a comprehensive…
Mashreq Bank PSC (MASQ), a prominent financial institution in the MENA region, reported a solid first-quarter performance for 2026, with Operating Income of AED 3.4 billion and Net Profit Before…
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR), for CY25. The FSR presents performance and risk assessments for various segments of…
FrieslandCampina Engro Pakistan Limited (FCEPL) has partnered with State Life Insurance Corporation of Pakistan (SLIC) to launch a life insurance program for over 1,500 dairy farmers and their families. This…
The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and…
BankIslami and its digital banking platform, aik, partnered with Paklaunch for UNConference ‘26, bringing together founders, investors, and policymakers to discuss Pakistan's startup ecosystem, particularly in Fintech and digital investment…
At the Money20/20 Asia panel discussion, Farhan Hassan, Chief Digital Officer at easypaisa digital bank, highlighted the multifaceted drivers of Pakistan's digital banking transformation. Financial inclusion rates improved from 47%…
Jubilee Life Insurance, along with Kashf Foundation and UNDP, has launched the “Khushal Mustaqbil Takaful (KMT),” a micro-savings and protection product designed to enhance financial resilience for women in underserved…
ABHI Microfinance Bank Ltd. has partnered with REDtone Group to enhance Employee Banking Services for its workforce. A Memorandum of Understanding (MOU) was signed by Asif Iqbal, CFO of REDtone…
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, has praised the Law and Justice Commission of Pakistan for emphasizing Alternative Dispute Resolution…
The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance this month, amid strong investor demand for Shariah-compliant…
Visa announced a significant 80% year-over-year increase in spending on premium consumer cards during Ramadan, peaking around Eid Al-Fitr. Total spending rose by 10% during the Eid period. **Key Insights:**…
S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG) and a leading business figure, has condemned the recent 100-basis-point increase in interest rates, arguing that such a drastic measure is…
President Karachi Chamber of Commerce and Industry (KCCI), Muhammad Rehan Hanif has expressed sheer disappointment and serious concern over State Bank’s decision to increase the key policy rate by 100…
Korangi Association of Trade and Industry (KATI) President Muhammad Ikram Rajput has expressed disappointment over the State Bank of Pakistan’s Monetary Policy Committee decision to raise the policy rate from…
The SITE Association of Industry (SAI) has voiced strong concern over the State Bank of Pakistan’s recent decision to raise the policy rate by 100 basis points to 11.5 percent.…
Saquib Fayyaz Magoon, Senior Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Chairman of the Businessmen Panel-Progressive (BMPP), has condemned the State Bank of…
The Monetary Policy Committee (MPC), in its meeting today, decided to increase the policy rate by 100 bps to 11.50 per cent,t with effect from April 28, 2026. The Committee…
ABHI Microfinance Bank has partnered with Dastak Logistics to launch Merchant Lending Services for small and medium-sized businesses in Pakistan. The signing ceremony featured Muhammad Umer Rauf from ABHI and…
DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border…