Askari Bank Limited (PSX: AKBL) announced earnings (PAT) today for the first three months of 2024 (1QCY24) at Rs. 3.7… Read More
Govt Introduces New Fiscal Rules to Cut Debt Servicing Costs
The Finance Ministry has introduced new Cash Management and Treasury Single Account Rules to reduce its debt servicing cost by… Read More
Agricultural Finance Redefined: Digitt+ and U Microfinance Bank Collaborate in Strategic Bank-Fintech Partnership
U Microfinance Bank and Digitt+, an agri-fintech pioneer, have announced a transformative PKR 10 billion partnership that sets a new… Read More
Ghazanfar Azzam Steps Down as CEO of Mobilink Bank After a Distinguished 12-Year Tenure
Ghazanfar Azzam has decided to step down as the President and CEO of Mobilink Bank after 12 years of service.… Read More
Standard Chartered Pakistan Posts 22.2% Profit Growth in Q1 2024
Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth of 53 percent in… Read More
Banks to Remain Closed on Wednesday This Week
The State Bank of Pakistan (SBP) on Monday announced that it will remain closed on Wednesday, 1 May 2024, on… Read More
TPL and Abhi to Submit Joint Offer to Buy FINCA Microfinance Bank
TPL Corp Limited (PSX: TPL) and Abhi (Private) Limited have decided to submit a binding offer to acquire majority stake… Read More
Faysal Bank Profits Up by 103% in Q1 2024
Faysal Bank Limited (FBL) reported over 103% profit growth in the first quarter of 2024, which surged to Rs 6.5… Read More
Bank Alfalah Reports Strong Quarter with Rs. 9.912 Billion Profit
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 24, 2024, approved the Bank’s… Read More
MCB Bank to Convert 39 Branches Into Islamic Banking Entities
MCB Bank Limited (PSX: MCB) has approved the Scheme of Compromises, Arrangements and Reconstruction for converting 39 branches into Islamic… Read More
Standard Chartered Pakistan Explains Reason Behind Recent Increase in Share Price
Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) has attributed the recent “unusual movement” in its share price to the bank’s… Read More
Allied Bank Posts 51% Profit Growth in First 3 Months of 2024
Allied Bank Limited (PSX: ABL) announced earnings (PAT) today for 1QCY24 at Rs. 11.6 billion, depicting an increase of 51… Read More