Bank Alfalah Islamic becomes the first bank in the industry to offer internships in partnership with the State Bank of… Read More
Zarai Taraqiati Bank Ltd Plans Conversion Into Full-Fledged Islamic Bank
Zarai Taraqiati Bank Limited (ZTBL) plans to convert its banking system from conventional to Islamic banking. ZTBL’s Senior Executive Vice… Read More
SBP Has No Data on Cryptocurrencies Traded by Pakistanis
The State Bank of Pakistan (SBP) has informed the higher authorities that it does not maintain any data regarding cryptocurrencies… Read More
SHC Allows JS Bank to Proceed with Acquisition of BIPL
The Divisional Bench of the Sindh High Court (SHC) has directed JS Bank Limited (PSX: JSBL) to argue afresh the… Read More
HBL’s Nepalese Subsidiary Acquires Civil Bank Limited
Habib Bank Limited, through its subsidiary i.e. Himalayan Bank Limited, recently acquired Civil Bank Limited, a commercial bank in Nepal.… Read More
Security Investment Bank Ltd to Become Shariah-Compliant Entity
Security Investment Bank Limited (PSX: SIBL) has decided to convert into a Shariah-Compliant entity, the bank informed the Pakistan Stock… Read More
Silkbank to Pursue Potential Merger With UBL
Silkbank Limited (PSX: SILK) has reviewed and considered the UBL proposal and granted its approval to the management of the… Read More
Faysal Bank Posts 51% Profit Growth in Q1 2023
Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown exuberant performance in the first quarter of… Read More
Aga Khan Fund Shows Interest to Buy HBL Shares Worth Rs. 3.53 Billion
On Tuesday, Habib Bank Limited (PSX: HBL) informed the Pakistan Stock Exchange that its sponsor, the Aga Khan Fund for… Read More
UBL Posts Highest-Ever Quarterly Profit of Rs. 14.4 Billion in Q1 2023
United Bank Limited (UBL) has posted an all-time high quarterly profit of Rs. 14.47 billion in the quarter that ended… Read More
UBL Considering Merger with Silkbank
United Bank Limited (UBL) is considering a merger with Silkbank Limited and intends to seek permission from the State Bank… Read More
NBP’s Assets Reach Rs. 6 Trillion Mark, Profits Up 8.7% in Q1
The National Bank of Pakistan (NBP) balance sheet recorded growth with a balance sheet surging to over Rs. 6 trillion… Read More
