Banks have hit their highest-ever quarterly earnings during 3QCY22. The top 16 banks have posted profits of Rs. 85 billion,… Read More
U Bank’s Profit Surpasses Rs. 1 Billion in 9 Months of 2022
U Microfinance Bank maintained its profitability spree in the current year as its profit surpassed Rs. 1 billion in the… Read More
Faysal Bank’s Assets Touch Rs. 1 Trillion Mark
Faysal Bank Limited (FBL) has achieved the landmark of Rs. 1 trillion mark in balance sheet footings with a record… Read More
Bank of Punjab Announces Financial Results for First 9 Months of 2022
A meeting of the board of directors of The Bank of Punjab was held on October 28, 2022 to consider… Read More
Customers in Fear as Askari Bank Goes Down for Users Across Pakistan [Updated]
Askari Bank’s online banking system has collapsed. Numerous customers have reported that its mobile application, at the time of writing,… Read More
MCB Bank Sees a 12% Decline in 9 Months Profit After Tax
The profitability of the MCB Bank declined by 12 percent to Rs. 19.9 billion during the first nine months of… Read More
HBL Profits Dip 12% to Rs. 23.6 Billion Due to Higher Taxes
HBL today declared a consolidated profit after tax of Rs. 23.6 billion for the first nine months of 2022, a… Read More
NBP May Close Down Paris Branch After 47 Years
The National Bank of Pakistan (NBP) is likely to close down its Paris branch after 47 years. NBP has been… Read More
Habib Metro Bank Posts Highest-Ever Profit of Over Rs. 10 Billion in 9-Month Period
Habib Metro Bank has reported the highest-ever profit of over Rs. 10 billion in the three quarters of 2022. According… Read More
UBL Profits Drop By 18% to Rs. 18.6 Billion in 9 Months of 2022
United Bank Limited (UBL) has reported a decline of 18 percent or Rs. 4 billion in profit for nine months… Read More
Bank Alfalah Kept Up Its Growth Momentum in the Third Quarter
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 17, 2022, approved the bank’s… Read More
Banks to Earn 93% More Thanks to Lower Taxes and Better Margins
Bank earnings are projected to increase by 93 percent on a quarter-on-quarter (QoQ) basis on forecasts of improved interest income… Read More
