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
IBL-Unisys Partners With SAS to Implement a Transaction Monitoring System at Sindh Bank Limited
IBL-Unisys and Sindh Bank Limited have kicked-off 2020 with the Go-Live of Transaction Monitoring System based on SAS (Anti-Money Laundering… Read More
Dubai Islamic Bank Records 33% Profit Growth in 2019
Dubai Islamic Bank Pakistan Limited continued its excellent performance as its growth trajectory showed a 33 percent year-on-year profit growth… Read More
ABL Records a Profit of Over Rs. 14 Billion in 2019
Allied Bank Limited has successfully regained its profitability, which increased by 9.5 percent in 2019. Accordingly, the bank’s profit increased… Read More
Careem Partners With HBL to Help Customers Top Up Careem Credits Online
Careem and Habib Bank Limited (HBL) have partnered to help millions of Careem App users recharge their accounts through HBL… Read More
Moody’s Predicts Stability for Pakistan’s Banking System
Moody’s Investors Service has stated that robust funding and liquidity and close links with the sovereign underpin its stable outlook… Read More
MCB Bank Was The Most Profitable Bank in 2019
MCB Bank is set to secure its top position as the most profitable bank in Pakistan with a profit after… Read More
Here’s How National Bank of Pakistan and Huawei Pay Aim to Transform Pakistan’s Digital Payment Ecosystem
By Zohaib Ali Khan & Faizan Razi The past decade has seen a large scale shift from physical to digital… Read More
Just Over 20% of Pakistanis Have Banks Accounts: SBP
With the consistent efforts of banks, financial institutions and the State Bank, Pakistan’s banked population has grown to 21.3 percent,… Read More
Dubai Islamic Bank Concludes Pakistan’s First Shariah-Compliant FX Hedging
Dubai Islamic Bank Pakistan Limited (DIBPL) has concluded a first of its kind shariah-compliant synthetic foreign exchange (FX) hedging arrangement… Read More
