MEBL announced earnings (PAT) today for 3QCY23 at PKR 25.8bn (EPS: PKR 14.42), depicting an increase of 123% YoY | 49% QoQ (3QCY22 EPS: PKR 6.46). This jump in overall…

The total liquid foreign reserves held by the country stood at US$ 12,912.9 million as of 13-Oct-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

U Microfinance Bank is pleased to announce the appointment of Mr. Mohamed Essa Al Taheri as the Acting President & CEO of U Bank. We welcome him onboard! Mr. Al…

Today marks a monumental day for freelancers across Pakistan. SadaPay, the fintech that launched a business account (SadaBiz) tailored for freelancers earlier this year, announces that SadaBiz users will now…

JS Bank, one of the fastest-growing banks in Pakistan, has announced a strategic partnership with Closet, a fashion rental marketplace. The partnership aims to provide reliable and robust financial services…

Mr. Hasanali Abdullah, Vice Chairman - EFU General Insurance Ltd., has received the Lifetime Achievement Award from the Insurance Association of Pakistan (IAP). This prestigious accolade is a testament to…

Daraz, Pakistan's leading e-commerce platform, has entered into a strategic long-term partnership with Meezan Bank, a pioneer in Islamic banking and a powerhouse in the banking industry. This collaboration is…

The flow of remittances from the Pakistani community in Dubai could increase manifolds through banking channels with the support of financial institutions, the dedicated government scheme, and community developers. Innovative…

Pakistan Credit Rating Agency (PACRA) has assigned an Asset Manager rating of 'AM2' (AM-Two) with a stable outlook to Pak-Qatar Asset Management Company Limited (PQAMC). This denotes a high quality,…

easypaisa, Pakistan's leading digital financial services platform has launched easypaisa Karobar powered by Dukan, a platform designed specifically to address unmet banking needs of two million retail merchants across the…

Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, met key international investors during events organized by global banks, including Barclays, JP Morgan, Standard Bank, and Jefferies on the sidelines…

The total liquid foreign reserves held by the country stood at US$ 13,030.1 million as of 06-Oct-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

Mobilink Bank, in collaboration with Vision-Building Future (VBF) and Shirakat Partnership for Development, was actively engaged in the European Union (EU) initiative, "Power to Youth." This strategic endeavour, funded by…

BankIslami, Pakistan's premier Islamic financial institution, has been awarded the prestigious runner-up position in the Best Islamic Bank category at the 20th Annual Excellence Awards, organized by the CFA Society…

JazzCash, Pakistan's leading fintech provider, has partnered with Meezan Bank, Pakistan's first and largest Islamic bank, to simplify remittance collection. Through this collaboration, customers around the globe can now send…

State Bank of Pakistan has suspended, with immediate effect, the authorization of the following Exchange Companies –B Category till further orders due to serious violations of the State Bank's regulations…

Pink Riders, a leading organ'ization empowering women rider in Pakistan, and TPL Insurance, one of the country's largest insurance companies, today announced the launch of a groundbreaking bike insurance product…

JS Bank, a leading financial institution renowned for its commitment to sustainable banking and fintech innovation, has signed a Memorandum of Understanding (MoU) with Beaconhouse National University (BNU), Pakistan's first…

Committed to advancing the cause of gender equality and championing workplace diversity, Mobilink Bank launched MobilinkHER, its first Women Returnship Program. This inclusive effort strives to foster Diversity and Inclusion…

A big opportunity for Pakistan resides in ushering its micro, small and medium enterprises (MSMEs) into the digital age, as revealed in a new report by the United Nations-based Better…

BankIslami, Pakistan's leading Islamic financial institution, has appointed Mr. Rizwan Ata as its new President & CEO. Mr. Rizwan Ata has brought a wealth of experience and a profound understanding…

Mobilink Bank and the United Nations Entity for Gender Equality and the Empowerment of Women, Pakistan (UN Women Pakistan) signed a Memorandum of Understanding (MoU) to ignite a transformative wave…

Bank Alfalah Islamic, the leading Islamic banking institution, is reappointed as a Joint Financial Advisor (JFA) to the Ministry of Finance for 5 years, reinforcing its status as the sole…

KT Bank, an under-formation digital bank has received In-Principle approval from the State Bank of Pakistan (SBP) in a ceremony recently organized by SBP. The approval was handed over by…

TPL Insurance – WTO, a premium insurance and Takaful services leader, is excited to announce a strategic collaboration with HBL Islamic Banking. This partnership is set to redefine Takaful coverage…