The State Bank of Pakistan (SBP) has enhanced the financing limits for Small and Medium Enterprises (SMEs) up to Rs.… Read More
Listed Banks Must Lend Rs. 3.6 Trillion to Achieve 50% Gross ADR: Report
Approximately Rs. 3.6 trillion will be required to be disbursed by listed banks to achieve the 50 percent Gross Advances… Read More
Empowering Pakistan’s Youth, Entrepreneurs & SMEs: Financial Institutions as Catalysts for Change
Pakistan’s burgeoning population of over 241 million and its rich demographic dividend as the world’s fifth-largest youth population present immense… Read More
First-Ever Concessional Green Banking On-Lending Facility of USD 54.2 Million Signed between BOP & AFD
The Bank of Punjab (BOP) has successfully arranged a long term Foreign Currency (FCY) On-lending Facility of USD 54.2 Million… Read More
Faysal Bank and Habib University to Launch ‘Fintech Innovation Hackathon’
Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has joined forces with Habib University to introduce… Read More
Mobilink Bank’s Invisible Heirs Campaign Bags Digital Nations Video Creativity Award at M360 APAC
Pakistan’s leading digital microfinance bank, Mobilink Bank, has achieved a significant milestone on the global stage by winning the prestigious… Read More
SBP Governor Hints At Further Reduction in Interest Rate Due to Declining Inflation
The State Bank of Pakistan (SBP) Governor Jameel Ahmed has indicated a further cut in the monetary policy rate due… Read More
SBP Eases Rules for Conventional Banks to Convert to Islamic Banking
To further facilitate banks in the conversion of their branches, the State Bank of Pakistan revamped the existing criteria for… Read More
25 Years Strong: Innovative Pvt Ltd and Diebold Nixdorf Celebrate Silver Jubilee
Innovative Pvt Ltd (IPL) and Diebold Nixdorf (DN) marked a significant milestone in their long-standing partnership, celebrating 25 years of… Read More
Mobilink Bank Introduces Climate Insurance to Protect Agri-Borrowers from Climate Risks
Mobilink Bank, Pakistan’s leading digital microfinance bank, has introduced Climate Shock Insurance to protect small and medium-scale farmers and livestock… Read More
Faysal Bank Partners with Mastercard and 1LINK to Launch Shariah Compliant Co-Badged Debit Card
In a landmark move set to reshape the digital payments landscape in Pakistan, Faysal Bank Limited (FBL) has entered into… Read More
IMF Denies Telling Pakistan to Get $600 Million Loan At 11% Interest
The International Monetary Fund (IMF) has clarified that it did not tell Pakistan to get a commercial loan from a… Read More
