KARACHI: The Board of Directors of Sindh Bank, in its meeting held on October 29, 2025, approved the bank’s financial statements for the nine months ended September 30, 2025, marking a period of exceptional performance across key business segments. The bank reported an impressive 213 percent growth in operating profit compared to the same period […]
Karachi, Pakistan – The State Bank of Pakistan (SBP) has issued new directives requiring commercial banks, microfinance banks, and Development Finance Institutions (DFIs) to introduce end-to-end digital onboarding for Small and Medium Enterprises (SMEs) under updated prudential regulations. The revised framework allows financial institutions to leverage advanced technology-based solutions — including GPS, geo-tagging, and video […]
In a move aimed at strengthening institutional coordination between banks and their wholly-owned subsidiaries, the State Bank of Pakistan (SBP) has amended its Corporate Governance Regulatory Framework to allow board members of banks to also serve as directors on the boards of their associated exchange companies. According to a circular issued by the central bank, […]
Islamabad, November 9, 2025 — Federal Minister for IT and Telecommunication, Shaza Fatima Khawaja, announced on Saturday that Google has completed its registration in Pakistan and will soon be establishing a local office, marking a major milestone in the country’s growing technology sector. Speaking at a press conference, the minister revealed that manufacturing of Google […]
NetSol Technologies Limited (NETSOL), a leading software house in Pakistan, has inked an agreement worth over Rs500 million with the Government of Khyber Pakhtunkhwa to advance the province’s Paperless Government Project into its next phase. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. “NetSol Technologies has […]
Karachi — 06 November 2025: JS Investments Limited (JSIL) has been upgraded to AM1 (Stable) by The Pakistan Credit Rating Agency (PACRA), the highest Asset Manager quality rating in Pakistan. The upgrade reflects JSIL’s ongoing elevation in governance and operational quality, a research-driven investment process delivering strong risk-adjusted performance, and broader retail participation through digital channels […]
In a major move towards financial digitisation, the State Bank of Pakistan (SBP) has launched a new digital investment platform, titled ‘InvestPak’, aimed at streamlining and digitising the process of investment in government securities for both individual and corporate investors. According to the country’s central bank, the web-based portal “will allow account holders, i.e. customers […]
Telenor Pakistan today announced the appointment of Bilal Javed Bhatti as its new Chief Business Officer (CBO). With over 20 years of diverse industry experience across product management, customer experience, sales leadership, and strategy, Bilal brings a wealth of expertise to his new role. A seasoned professional with over 12 years at Telenor, Bilal has […]
Riyadh, Saudi Arabia — November 2025 The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance. In a market where nearly $140 billion in shareholder value […]
[Lahore: 1st November 2025] MCB Bank Limited (MCB), one of Pakistan’s leading Banks, and NexGen Auto, the exclusive distributor of OMODA and JAECOO vehicles in Pakistan, have announced a strategic partnership to offer highly competitive and discounted auto financing solutions for customers purchasing the all-new JAECOO J7 SHS PHEV and other select OMODA and JAECOO […]