The State Bank of Pakistan (SBP) has advised all commercial and microfinance banks to start the facility for customers to… Read More
UAE’s Mashreq Bank to Start Digital Banking Operations in Pakistan Soon
Mashreq, one of the leading financial institutions in the MENA region has announced its successful incorporation in Pakistan. This marks… Read More
Askari Bank Posts 40% Profit Growth in H1 2023
Askari Bank Limited (AKBL) has announced a profit after tax (PAT) of Rs. 8.83 billion for the half year 2023,… Read More
Allied Bank’s Profit Surges by 158% in H1 2023 Amid Staggering Q2 Gains
Allied Bank Limited (PSX: ABL) reported a massive profit growth of 158 percent year-on-year (YoY) in the first half of… Read More
Wavetec’s Revolutionary Cash Deposit Machines: The Future of Banking is Here!
In the ever-evolving universe of banking, one thing remains consistent: the significance of customer service and convenience. Enter Wavetec, a… Read More
Summit Bank Shareholders Approve Name Change to Bank Makramah Ltd
Summit Bank Limited convened its Extraordinary General Meeting (EOGM), where the shareholders granted their consent for the name of the… Read More
U Bank Ranked as the Top Microfinance Agriculture Credit Performer by SBP
U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has been lauded for its ‘Exceptional’ performance in agricultural credit in Pakistan, for… Read More
Meezan Bank Becomes the Most Profitable Bank Beating HBL and UBL
Meezan Bank witnessed a massive growth in profitability leaving behind big conventional banks by a wide margin, becoming the most… Read More
Bank Alfalah Continues Its Growth Momentum
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on August 10, 2023, approved the Bank’s… Read More
SBP Sets New Financing Rate for Special Cash Reserve Account
The State Bank of Pakistan (SBP) Wednesday set a rate of remuneration on the Special Cash Reserve Account (US$), based… Read More
Govt Approves Proposal to Change SBP Laws for Improving Remittances Via Formal Channels
Federal Minister for Finance and Revenue Ishaq Dar chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet… Read More
OPay Has Been Honored as One of the “Top 200 Global Financial Technology Companies” by CNBC
On August 2nd, CNBC made a major announcement of the “Top 200 Global Financial Technology Companies” list, showcasing the names… Read More
