The Pakistan Banking Summit (PBS’25) took place on February 24th and 25th, 2025, at the Movenpick Hotel, Karachi. This groundbreaking… Read More
Govt Recovers Rs. 23 Billion Windfall Tax From Commercial Banks in Just One Day
The federal government has successfully recovered Rs. 23 billion from 16 commercial banks in windfall tax following the Sindh High… Read More
SBP Rolls Out Raast Participation Criteria to Expand Digital Payments Network
The State Bank of Pakistan (SBP) has issued Raast Participation Criteria outlining minimum requirements for the entities desirous of becoming… Read More
Bank of Khyber Preparing to Convert Into Full-Fledged Islamic Bank
The management of The Bank of Khyber (PSX: BOK) is preparing to convert from being a conventional bank into a… Read More
HBL Posts Rs. 57.8 Billion Profit in 2024
Habib Bank Limited (PSX: HBL) today declared a record profit before tax of Rs. 120.3 billion for the year ended… Read More
Finance Ministry Revises Rules for Packing and Dispatch of Remittances by Banks
The Ministry of Finance has amended the Federal Treasury Rules, revising procedures for the packing and dispatch of remittances by… Read More
Govt Collects Rs. 72 Billion Corporate Tax From Banks After Rate Hike
Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday said an amount of Rs. 72 billion had been… Read More
UBL and Digitt+ Partner to Facilitate Digital Payments in Agriculture Sector for Over 1 Billion Rupees
Digitt+, a leading fintech company, has partnered with UBL, one of Pakistan’s largest banks, to enable seamless digital disbursements exceeding… Read More
UBL Was The 2nd Most Profitable After Meezan Bank in 2024
United Bank Limited (UBL) Wednesday announced a consolidated profit after (PAT) tax of Rs. 75.78 billion for the calendar year… Read More
Silkbank Shareholders Approve Merger with UBL
Shareholders of Silkbank Limited (PSX: SILK) have approved the proposed amalgamation of the bank into United Bank Limited (PSX: UBL),… Read More
Faysal Bank and Special Olympics Pakistan Announce the 1st Unified Marathon in Lahore
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, in collaboration with Special Olympics Pakistan (SOP), is supporting the… Read More
Bank of Punjab Announces Highest-Ever Profit in 2024 With Record Cash Dividend
A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on 17th February 2025 to… Read More
