The Islamic banking industry has significant potential for financial inclusion in the country, said Deputy Governor State Bank of Pakistan… Read More
BOP, FrieslandCampina Engro Join Hands for Dairy Financing Project to Support Farmers
To address the challenges faced by the Dairy Sector in Pakistan, Bank of Punjab (BOP) and FrieslandCampina Engro Pakistan Limited… Read More
Bank Alfalah Becomes the First Market Maker for Debt Securities in Pakistan
Pakistan Stock Exchange (PSX) and Bank Alfalah signed an agreement at a ceremony held at PSX Trading Hall, making Bank… Read More
BankIslami Posts 81% Growth in Profit After Tax in 2020
BankIslami posted a profit after tax of Rs. 1.76 billion during the nine-month period ending September 2020, depicting 81 percent… Read More
SBP Posts its Highest Ever Profit in History
State Bank of Pakistan (SBP) has made the highest-ever profit in its history in the outgoing financial year 2019-20, of… Read More
SBP Slams Penalties of Over Rs. 271 Million on 4 Major Banks
State Bank of Pakistan (SBP) continued to take strict measures against the commercial banks for their infringement of regulatory compliance… Read More
Standard Chartered Bank Posts Nearly Rs. 12 Billion in Profits During Q1-Q3 2020
Standard Chartered Bank (SCB) made a profit of Rs. 11.9 billion in the first nine months of 2020 with a… Read More
Meezan Bank Inks Deal with BPC Banking Technologies to Accommodate Pakistan’s Digital Payments Boom
BPC Banking Technologies, the leading provider of digital payment solutions, has partnered with Pakistan’s Meezan Bank to deliver its digital… Read More
MCB Bank Posts a Huge Growth in Profits in 2020
MCB Bank maintained high growth in profitability which saw an increase of 41 percent for the nine months period ended… Read More
UBL’s Asset Value Crosses the Rs. 2 Trillion Mark
The asset value of United Bank Limited has continued to rise gradually crossing the milestone of Rs. 2 trillion. UBL… Read More
Faysal Bank Continues to Post Huge Profits in 2020
Faysal Bank Limited announced its financial results for the nine months ended September 30, 2020. Despite the disruption to business… Read More
Faysal Bank Mandates Hijab and ‘Loose Dresses’ for All Female Employees
Faysal Bank has made it compulsory to wear hijab and dresses with loose-fitting for its female employees under its new… Read More
Askari Bank Reports Massive Increase in Profits During COVID-19 Pandemic
Askari Bank Limited (ABL) maintained high growth in profitability by 87 percent by the end of nine months of 2020… Read More
PM Orders to Make Bank Loans Easier to Avail for Middle And Lower Class Citizens
Prime Minister Imran Khan has emphasized that the poor should be facilitated in availing loans from banks while taking care… Read More
Allied Bank Reports Huge Profits in 9 Months of 2020 Despite COVID-19
Allied Bank Ltd announced its financial results for the nine months that ended on September 30, 2020. Despite the challenging… Read More
