All About Banking & Finance in Pakistan

SBP Asks Islamic Banks To Adopt New Shariah Standards

The State Bank of Pakistan has directed Islamic banks and financial institutions to adopt new Sharia Standards in business practices… Read More

Pakistan’s listed banks’ profitability increased to a record Rs. 131 billion (up 3x YoY) in 2Q2023. According to Topline Securities,… Read More

Despite the persistently challenging environment during the period, the National Bank of Pakistan reported a profit of over Rs. 26… Read More

JS Bank has announced the successful acquisition of an additional 67.33% stake in BankIslami Pakistan Limited, a move that solidified… Read More

Samba Bank has appointed a Saudi women banker, Kholood K. AI-Khelaiwi, as Non-executive Director. She will replace Ali Muhammad Mahoon,… Read More

The Bank of Punjab (BOP) has appointed M/s. KPMG Taseer Hadi & Co., as its consultant, to undertake a comprehensive… Read More

The Board of Directors of The Bank of Punjab convened on August 24, 2023, to review and approve the unaudited… Read More

Faysal Bank Limited (PSX: FABL), one of the prominent Islamic banks in Pakistan, declared a consolidated profit after tax (PAT)… Read More

Standard Chartered Bank (Pakistan) Limited recorded a profit growth of 132 percent year-on-year to Rs. 18.8 billion during the first… Read More

JS Bank, one of the fastest-growing banks in Pakistan unveiled its financial performance for the first half of 2023. The… Read More

Bank Al Habib Limited has reported a windfall profit similar to its competing banks which stood at over Rs. 18… Read More

MCB Funds, a leading asset management and investment company, has established a strategic alliance with MCB Bank Limited (MCB), one… Read More