Sultan Ali Allana, a prominent leader in Pakistan’s banking sector, has achieved a historic milestone by becoming the first Pakistani… Read More
Eid Bonanza – Up to 70% Off with MCB Islamic Debit Cards!
Make your Eid celebrations even more delightful with MCB Islamic Bank’s Eid Bonanza! From March 30th to April 3rd, enjoy… Read More
UBL Issues Shares to Former Silk Bank Shareholders After Merger
United Bank Limited (PSX: UBL) has credited new shares into the respective CDC accounts of former Silk Bank Limited (PSX:… Read More
Pakistan Banks Cut Lending by 10% to Avoid Paying More Taxes
Pakistan banks’ lending declined by 10 percent from Rs. 15.66 trillion as of December 27, 2024, to Rs. 14 trillion… Read More
BankIslami Unveils “aik”: Pakistan’s First Fully Digital Islamic Banking Solution
In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s first fully digital Islamic banking… Read More
Faysal Bank to Revolutionize Contactless Payments in Pakistan with Google Wallet
Faysal Bank Ltd (FBL), one of the leading Islamic Banks in Pakistan is set to offer its customers a unique… Read More
SBP Keeps Interest Rate Unchanged After Six Successive Cuts
The State Bank of Pakistan (SBP) announced on Monday that it has kept the interest rate unchanged at 12 percent.… Read More
BankIslami Takes a Leap Toward Gender Inclusivity with Its First All-Women-Managed Branch
BankIslami has launched its first fully women-managed branch in Karachi to promote gender inclusivity in the workplace. The branch, operated… Read More
SBP Makes Collateral Pledging Mandatory for Islamic Banks Under Mudarabah-Based Facilities
The State Bank of Pakistan (SBP) made it mandatory for Islamic banking Institutions (IBIs) to pledge collateral for availing Sharia-compliant… Read More
BankIslami Enhances Digital Capabilities with iMAL R14 Upgrade
BankIslami Pakistan has completed a strategic upgrade to Azentio’s iMAL R14 core banking system, a move aimed at bolstering automation,… Read More
NBP to Shut Down More Branches in Kyrgyzstan, Azerbaijan, Kazakhstan
The National Bank of Pakistan (NBP) has announced to shut down its operations in the capitals of three Central Asian… Read More
Payoneer, Meezan Bank Launch International Payment System for Small Businesses
Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and… Read More
