National Bank of Pakistan launched NBP ‘Huawei Pay’ powered by UnionPay, an easy and secure way to make payments with… Read More
Meezan Bank All Set to Undergo A Digital Revamp
Meezan Bank, one of the largest Islamic banks in Pakistan, is set to undergo a digital revamp. According to a… Read More
SBP Slams Penalties of Over Rs. 215 Million on 5 Major Banks
State Bank of Pakistan (SBP) has slapped heavy penalties of over Rs. 219 million on five major banks failing in… Read More
Bank Alfalah Wins Best Bank of 2019 & Best Customer Franchise Awards
Bank Alfalah has won the Best Bank Award of 2019, and for the fourth time in a row – Best… Read More
Banking Industry’s Deposits Surge to a Record Rs. 14. 6 Trillion in 2019
Pakistan’s banking industry’s deposits reached an all-time high at Rs. 14.63 trillion by the end of 2019. High-interest rates helped… Read More
Zameen.com & Allied Bank Partner for a Simpler Home Financing Facility
Pakistan’s largest real estate portal, Zameen.com, and Allied Bank Limited (ABL) have signed a Memorandum of Understanding (MoU) on Thursday… Read More
Atif Bajwa to Join Bank of Punjab as CEO
Atif Aslam Bajwa, a well-known name in the banking industry, has been given the approval to fill the vacant position… Read More
ASA International’s Pakistan Subsidiary Gets Approval for Microfinance Bank
ASA International Group PLC has announced its 100%-owned Pakistan subsidiary’s approval to transform into a microfinance bank has been granted.… Read More
Faysal Bank is Giving People More Reasons to Smile
An April 2019 study found that “Changes in life satisfaction are associated with changes in consumption, not changes in income.”… Read More
SBP Claims No ATM Cards Have Been Blocked Yet
The State Bank of Pakistan categorically rejected baseless rumours making the rounds in a section of press that the existing… Read More
HBL Becomes First Pakistani Bank to Get Branch License in Beijing, China
A milestone in Pak-China economic relations: HBL becomes the first Pakistani bank to get a branch license for Beijing, China.… Read More
Branchless Banking Companies Have to Use Biometric Verification For Level-1 Accounts: SBP
State Bank of Pakistan (SBP) has introduced new stringent regulations for Branchless Banking (BB) companies, asking them to conduct biometric… Read More
Most Debit & Credit Cards in Pakistan Will Stop Working from Today
After plenty of celebrations and parties, the new year has finally started. However, it brings with it bad news for… Read More
BankIslami Becomes First Pakistani Bank to Launch AI for Customers
BankIslami (BI) attempts to embrace technology going forward. BI claims to be the first financial institution in Pakistan to have… Read More
Banks Fail To Meet The Deadline for Issuing Authentic Rs. 50 Notes
A majority of banking companies have failed to meet the deadline to issue machine-based, authenticated Rs. 50 banknotes. They were… Read More
