U Microfinance Bank (U Bank) has inaugurated its first Islamic Banking Window in its branch in Karachi. This will be… Read More
PSX Approves Listing of Two New ABL Money Market Funds
Allied Bank Limited (PSX: ABL) has expanded its money market offerings with two new listings on the Pakistan Stock Exchange,… Read More
UBL Officially Launches Its Currency Exchange Operations
United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange (Private)… Read More
SBP’s Credibility on the Line if Interest Rate Stays High Despite Falling Inflation
State Bank of Pakistan (SBP) is at risk of losing all credibility if it still manages to delay easing its… Read More
Atif R. Bokhari Resigns As CEO Askari Bank Limited
Atif R. Bokhari has resigned from his role as President & Chief Executive Officer of Askari Bank Limited (PSX: AKBL),… Read More
SBP Enhances Asaan Account Limit by Rs. 5 Million Till Eid Ul Adha
To facilitate digital payments at the Cattle Markets for the sale of sacrificial animals for the upcoming Eid Ul Adha,… Read More
Bahrain-Based Investment Group to Acquire 75% Stake in Faysal Bank JV
Ithmaar Holding, the parent company of Faysal Bank Limited (PSX: FABL) held its EOGM on Wednesday to get approval from… Read More
Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2023
With consistent growth and expansion on all fronts, the Islamic Banking Industry (IBI) has surged to Rs. 9 trillion. According… Read More
HBL Holds “Global Markets Outlook 2024” Seminars Across Pakistan to Provide Economic Insights
HBL, Pakistan’s leading Bank, held “Global Markets Outlook 2024” seminars in Karachi, Lahore, and Islamabad to provide stakeholders with broad… Read More
MCB Islamic Bank Partners with Techlogix for Oracle Flexcube Upgrade, Enhancing Customer Experience
MCB Islamic Bank has partnered with Techlogix (Private) Limited for a functional upgrade of the Oracle Flexcube Core Banking system.… Read More
NBP Joins Hands with TouchPoint to Build a Strong Partnership
National Bank of Pakistan (NBP) and TouchPoint, a leading provider of self-service solutions, have solidified their strategic partnership to expand… Read More
SBP Allows Bank Alfalah to Start Due-Diligence for Acquiring Samba Bank
The State Bank of Pakistan has granted approval to Bank Alfalah Limited (PSX: BAFL) to commence due diligence of Samba… Read More
