Karachi, Pakistan: The State Bank of Pakistan (SBP) has released its Annual Report on Payment Systems for the Fiscal Year 2024–25, providing an in-depth analysis of the nation’s rapidly evolving payment ecosystem. The report highlights significant progress in digital adoption, infrastructure expansion, and regulatory initiatives that continue to transform Pakistan’s financial landscape. According to the […]
ISLAMABAD: easypaisa digital bank reported a profit before tax of Rs5.65 billion for the nine months ended September 30, 2025. The Board of Directors of Easypaisa Digital Bank approved the financial statements for the nine months ended September 30, 2025. Recording a profit before tax of Rs5.65 billion, up from Rs3.88 billion in the same […]
Karachi, October 31: Meezan Bank, Pakistan’s leading Islamic bank, has announced the renewal and expansion of its strategic partnership with Visa, a global leader in digital payments, aimed at further enhancing its debit card portfolio and redefining the banking experience for its customers across the country. The collaboration was formalized with the signing of a Memorandum […]
LAHORE: The Board of Directors of The Bank of Punjab (BOP), in its meeting held on Thursday, approved the un-audited financial statements for the nine months ended September 30, 2025, lauding the Bank’s exceptional performance and record-breaking financial results across all key indicators. Despite a challenging macroeconomic environment marked by declining interest rates and rising […]
Standard Chartered Bank (Pakistan) Limited has announced a profit before tax (PBT) of PKR 46.1 billion for the nine months ended 30 September 2025, compared to PKR 75.5 billion during the same period last year, reflecting a resilient performance amid a challenging economic environment. The Bank reported total revenue of PKR 63.3 billion, down 30 […]
KARACHI: The State Bank of Pakistan (SBP) has set an ambitious goal to impart financial literacy to 10 million beneficiaries by the end of FY2028, reaffirming its commitment to promoting inclusive finance and youth participation in the financial system. This was stated by Managing Director SBP Banking Services Corporation (SBP BSC), Mr. Maraj Mahmood, during […]
KARACHI: Askari Bank Limited (AKBL) has posted a record profit after tax (PAT) of Rs. 7.5 billion for the third quarter ended September 30, 2025 (3QCY25), translating into earnings per share (EPS) of Rs. 5.18 — a robust 112 percent year-over-year increase compared to Rs. 3.5 billion (EPS: Rs. 2.44) in the same period last […]
ISLAMABAD: JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem. The award recognizes ReadyCash, JazzCash’s pioneering digital lending feature that provides instant and accessible credit to individuals and micro-entrepreneurs in Pakistan. On average, it disburses 140,000 digital loans daily, making JazzCash […]
KARACHI: Standard Chartered Bank Pakistan held an exclusive client session to showcase its flagship digital banking platform Straight2Bank alongside a presentation from the State Bank of Pakistan (SBP) on RAAST, the country’s instant payment system. The event highlighted the Bank’s payment capabilities, and how seamless integration between the two platforms is enabling businesses to benefit […]
National Bank of Pakistan (NBP) posted record quarterly profit after tax (PAT) of Rs. 23.3 billion for 3QCY25, translating into earnings per share (EPS) of Rs. 10.83, a sharp rise from Rs. 3.1 billion in the same period last year. This lifted 9MCY25 profit to Rs. 66.4 billion, marking a 16-times year-on-year increase, mainly driven […]