Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, extended its support for the 10th Special Olympics… Read More
Askari Bank Appoints Zia Ijaz As President/CEO
The Board of Directors of Askari Bank Limited (PSX: AKBL) in its meeting held on Friday, January 24, 2025, has… Read More
HBL Reinforces Commitment to Sustainability with 2023 Impact Report
Upholding the ethos of the Aga Khan Development Network (AKDN), HBL believes that impact & sustainability extend beyond charitable giving.… Read More
Visa and Meezan Bank Launch Student Debit Card
Visa (NYSE: V), a world leader in digital payments, today announced a partnership with Meezan Bank, the country’s leading Islamic… Read More
FBR is Obstructing Adoption of QR Code Payment System in Pakistan
The Federal Board of Revenue (FBR) has emerged as a big obstacle to the implementation of QR code-based payment systems… Read More
Security Papers Ltd to Upgrade its Plant for Printing New PKR Currency Notes
Security Papers Limited (PSX: SEPL) has decided to upgrade its plant to support the State Bank of Pakistan’s (SBP) recent… Read More
SBP to Launch Simplified Merchant Account Forms for Boosting Digital Payments
The State Bank of Pakistan (SBP) is streamlining the merchant account opening process to promote digital payments by making it… Read More
PTCL Group Injects PKR 4 Billion Capital in U Bank
Pakistan Telecommunication Company Ltd. (PTCL) Group, the parent company of U Microfinance Bank (U Bank), has injected a significant capital… Read More
Muhammad Hamayun Sajjad Advocates for Strong Governance to Transform Pakistan’s Banking Landscape
While environmental and social aspects dominate the discourse on ESG (Environmental, Social, and Governance), governance – the pillar that ensures… Read More
Pakistan Banks Are Likely to See a Decline in Profits
The banking sector is likely to post an earnings decline of 10 percent YoY and 24 percent QoQ in 4Q2024,… Read More
UBL Converts All Conventional Branches in KP, Balochistan to Islamic Banking
All branches of United Bank Limited (PSX: UBL) in Khyber Pakhtunkhwa and Balochistan have been converted into Islamic banking branches,… Read More
SBP Clears Appointment of Nauman Chughtai As MCB CEO
The State Bank of Pakistan (SBP) has cleared Muhammad Nauman Chughtai as the chief executive officer and president of MCB… Read More
