Meezan Bank has achieved the landmark of Rs. 2 trillion in terms of the value of its assets, becoming only… Read More
Saudi National Bank Shelves Plan to Sell its Stake in Samba Bank
Samba Bank’s parent company, Saudi National Bank (SNB), has decided to revoke its plan to divest its majority stake of… Read More
State Bank Likely to Raise Interest Rate to Avoid Disaster: Report
The State Bank of Pakistan (SBP) will most likely raise the policy rate by 100 basis points (bps) from 12.25… Read More
Raast Achieves 10 Million-User Milestone in Just 2 Months
The State Bank of Pakistan (SBP) has received an overwhelming response from the public as its initiative of Raast Payment… Read More
NBP Shuts Down Operations in 3 Countries
The National Bank of Pakistan (NBP) shut down three foreign branches in different countries namely Bangladesh (Sylhet), Afghanistan (Jalalabad), and… Read More
Bank of Khyber’s Islamic Banking Swells to Over 50%
Bank of Khyber’s Islamic banking operations and network achieved various benchmarks recently surpassing over 100 dedicated Islamic banking branches, achieving… Read More
ARY’s Salman Iqbal Plans to Make Investment in Summit Bank
The owner of the ARY Group, Salman Iqbal has come to the fore as an aspiring investor in the loss-making… Read More
These Pakistani Bank CEOs Have the Highest Salaries
Pakistan’s banking sector remains progressive and profitable despite the critical challenges to its economy. Inflationary pressure and external sector payments risks… Read More
Banks Not Responsible for AML/CFT Obligations of Regulated Financial Institutions: SECP
Banks are not responsible for anti-money laundering and countering the financing of terrorism (AML/CFT) obligations of the financial institutions regulated… Read More
UBL Puts its Swiss Subsidiary for Liquidation
United Bank Limited has announced the liquidation of its subsidiary, UBL Switzerland AG, following the approval of the banking regulator… Read More
NBP Overtakes UBL and HBL to Become Pakistan’s Most Profitable Bank
The Board of Directors of the National Bank of Pakistan (NBP) met to review the financial performance of the Bank… Read More
HBL is Shutting Down its Operations in Lebanon
Habib Bank Limited (HBL) is winding up its branch in Lebanon as part of the bank’s consolidation plan of foreign… Read More
