President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Rehan Hanif has expressed deep disappointment over the State Bank of Pakistan’s decision to keep the benchmark interest rate unchanged at 11 percent,…
BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, reported a profit before tax (PBT) of PKR 10.88 billion for the nine months ended September 2025, further strengthening its efforts to…
Meezan Bank, Pakistan’s leading Islamic bank, in collaboration with Mastercard, has successfully concluded the “Spend Big, Win Big” cross-border spending campaign. The initiative encouraged customers to use their Meezan Mastercard…
HBL Zarai Services Limited has officially launched its services in Sindh, marking a major step in its mission to empower farmers across Pakistan. The launch ceremony was held in Dad…
HBL has declared a record profit before tax of Rs 112.2 billion for the first nine months of 2025, 31% higher than in the same period last year. Despite higher…
The State Bank of Pakistan's Monetary Policy Committee (MPC) is highly anticipated to maintain the policy rate unchanged at 11% in its upcoming meeting on October 27, 2025. This decision…
Meezan Bank Ltd (MEBL) announced its 3QCY25 financial results earlier today, wherein the bank posted NPAT of PkR21.1bn (EPS: PkR11.7) for the quarter, down 18%YoY/13%QoQ. The result is in line…
Faysal Bank Limited (FBL) demonstrated resilient financial performance, reporting Profit Before Tax (PBT) of PKR 32.8 billion and net profit of PKR 15 billion. Earnings Per Share stood at PKR…
Bank Alfalah posted profit after tax (PAT) of PKR 21.44 billion for the nine months ended September 30, 2025, resulting in earnings per share of PKR 13.59 (September 2024: PKR…
The Board of Directors of MCB Bank Limited (MCB), in its meeting held under the Chairmanship of Mian Mohammad Mansha, reviewed the Bank’s performance and approved the condensed interim financial…
Senior representatives from the State Bank of Pakistan (SBP) and commercial banks have underscored the need for deeper collaboration between regulators, banks, and technology partners to accelerate Islamic and digital…
National Bank of Pakistan (NBP) and the National Clearing Company of Pakistan Limited (NCCPL) have signed a memorandum of understanding (MoU) to expand collaboration between the banking sector and capital…
Faysal Bank Limited (FBL) and EFU Life Assurance Ltd formalized a strategic partnership through a signing ceremony held at EFU Life House, marking the launch of two groundbreaking Takaful propositions…
NBP at forefront of Digital Transformation towards cashless Banking in Pakistan, enabled National Accountability Bureau on Smartpay. The initiative has enabled fast, secure, and paperless transaction processing solution to bring…
The total liquid foreign reserves held by the country stood at US$ 19,810.5 million as of 10-Oct-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
State Bank of Pakistan (SBP) released the Annual Report on the State of Pakistan’s Economy for the fiscal year 2024-25 today. According to the Report, a prudent monetary policy stance…
Pakistan's leading digital microfinance bank, Mobilink Bank, has been recognized as the 'Best Place to Work' in Pakistan's banking industry at the Best Place to Work Pakistan Awards 2025, one…
Dubai Islamic Bank Pakistan Limited (DIBPL), one of the country’s leading Islamic banks, has partnered with Fauree Tech (Pvt.) Ltd., Pakistan’s pioneering digital supply chain finance platform, to launch the…
Pak-Qatar Asset Management Company Limited (PQAMC) has received an AM2 upgrade with a Positive Outlook from Pakistan Credit Rating Agency (PACRA), recognizing its consistent performance in Islamic fund management. This…
The 9th Annual Microfinance Conference (AMC-9), organized by the Pakistan Microfinance Network (PMN) in collaboration with the United Nations Industrial Development Organization (UNIDO) under the Poverty Alleviation and Inclusive Development…
The National Bank of Pakistan (NBP), at the forefront of digital transformation towards cashless banking in Pakistan, enabled the National Accountability Bureau on SmartPay. The initiative has enabled a fast,…
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology,…
A historic agreement was signed between the Overseas Pakistanis Foundation (OPF) and the United Insurance Company of Pakistan (UIC) to provide financial security for overseas Pakistanis and their families. This…
Faysal Bank Limited (FBL), in collaboration with Patients’ Aid Foundation (PAF), participated in the second edition of Bike-A-Cause 2025, a community-driven cycling event aimed at supporting women battling breast cancer.…
Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s…
