YAP, a leading fintech revolutionizing the digital banking experience in the Middle East, Africa and South Asia has announced that… Read More
Saudi National Bank Shelves Plan to Sell its Stake in Samba Bank
Samba Bank’s parent company, Saudi National Bank (SNB), has decided to revoke its plan to divest its majority stake of… Read More
Banks Receive Overwhelming Response for Hajj
Commercial banks have received an overwhelming response from Hajj aspirants this year, with a total of 63,687 applications received against… Read More
NBP Shuts Down Operations in 3 Countries
The National Bank of Pakistan (NBP) shut down three foreign branches in different countries namely Bangladesh (Sylhet), Afghanistan (Jalalabad), and… Read More
Bank of Khyber’s Islamic Banking Swells to Over 50%
Bank of Khyber’s Islamic banking operations and network achieved various benchmarks recently surpassing over 100 dedicated Islamic banking branches, achieving… Read More
Pakistan Receives Highest Ever Remittances of Over $3 Billion in a Single Month
Remittances sent by overseas Pakistan have set another record as they surged over $3 billion in a month for the… Read More
Deposits of Microfinance Banks Surge to Over Rs. 400 Billion
The deposits maintained by microfinance banks have surged to over Rs. 400 billion for the first time, according to data… Read More
MCB Bank to Decide Over Telenor Microfinance Bank’s Acquisition Soon
The management of MCB Bank is in the process of finalizing its decision over the acquisition of majority shareholding in… Read More
HBL Enters Into Agreement To Buy Entire Shareholding of Its Foreign Subsidiary
Habib Bank Limited has entered into an agreement to purchase the entire shareholding of the minority shareholder of its foreign… Read More
These Pakistani Bank CEOs Have the Highest Salaries
Pakistan’s banking sector remains progressive and profitable despite the critical challenges to its economy. Inflationary pressure and external sector payments risks… Read More
UBL Puts its Swiss Subsidiary for Liquidation
United Bank Limited has announced the liquidation of its subsidiary, UBL Switzerland AG, following the approval of the banking regulator… Read More
HBL is Shutting Down its Operations in Lebanon
Habib Bank Limited (HBL) is winding up its branch in Lebanon as part of the bank’s consolidation plan of foreign… Read More
