Meezan Bank’s Shariah Supervisory Board approved guidelines for digital Mudarabah-based mobile account to support financial inclusion in Pakistan during 46th… Read More
UBL Records 25% Profit Growth in 2019
United Bank Limited showed outstanding resilience in profitability, making a handsome profit of Rs. 19.1 billion in 2019. The bank’s… Read More
HBL Registers a 25% Increase in Profits in 2019
HBL announced its financial results for the year that ended on December 31st, 2019. The bank declared a consolidated after… Read More
Pakistan Post to Become The Country’s Biggest Banking Channel
Pakistan Post (PP) is well on its way towards becoming the country’s largest banking network by the end of 2020,… Read More
Habib Bank Receives Another Penalty of Rs. 12.8 Million
Habib Bank Limited has been in the headlines for all the wrong reasons lately. In a fresh move, the bank… Read More
HBL Had “Significant Irregularities” in its UAE Branches: SBP Report
Habib Bank’s Middle East operations had “significant irregularities” in dealings with politically exposed clients and screening some transactions during 2011… Read More
Soneri Bank Posts Rs. 1.9 Billion in Profits, Appoints New CEO
Soneri Bank Limited has announced its financial results for the year ended 31 December 2019. The Bank posted a profit… Read More
Askari Bank Makes All-Time High Profit of Rs. 7 Billion
Askari Bank Limited has made an all-time high profit of Rs. 7 billion in 2019. The bank’s previous highest profit… Read More
Meezan Bank Posts Stellar Profit Growth of 70% in 2019
Meezan Bank recorded an outstanding year of profitability in 2019 with its growth recorded at almost 70% compared to the… Read More
Alfa is Facilitating Cashless Payrolls For Small and Medium Companies in Pakistan
Unlike other parts of the world, Pakistan continues to be primarily a cash-dominant economy. Be an average garment factory worker… Read More
MCB Bank is Looking to Acquire SME Bank
MCB Bank is trying to rapidly expand its operations through the acquisition of SME Bank in the future. The management… Read More
Karandaaz Offers Grants to its Partners to Promote Financial Inclusion for Women
Karandaaz Pakistan has signed grant agreements with 2 FinTechs, Oraan Tech Pvt. Ltd. and Techlets Pvt. Ltd, with funding from… Read More
