InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing through Capital Markets

InfraZamin Pakistan and SECP Stress Need for Advancing Green Financing through Capital Markets

Islamabad, April 30, 2025 — InfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group (PIDG) hosted a seminar titled “Green Financing via Debt Capital Markets” in Islamabad. The event brought together senior professionals and international experts from the regulatory, financial, and […]

Bank of Khyber posts Rs. 1.6 Billion Profit in Q1 2025, Up 108% YoY

Bank of Khyber posts Rs. 1.6 Billion Profit in Q1 2025, Up 108% YoY

Peshawar – April 30, 2025 — The Bank of Khyber (BoK) has announced stellar financial results for the first quarter of the financial year 2025 (Q1FY25), reporting a Profit After Tax (PAT) of Rs. 1.6 billion, marking an impressive 108 percent year-on-year (YoY) increase. The bank’s strong performance was driven by a 45 percent YoY […]

First Pakistani Female-Founded healthtech MedIQ Raises $6 Million in Series A to Expand Across GCC

First Pakistani Female-Founded healthtech MedIQ Raises $6 Million in Series A to Expand Across GCC

Islamabad/Riyadh – MedIQ, a pioneering health tech startup founded in Pakistan, has raised $6 million in a Series A funding round to drive its expansion across the GCC region. The round was co-led by Qatar-based Rasmal Ventures and Saudi Arabia’s Joa Capital, with strong follow-on participation from existing investors. Founded in 2020 by physician-turned-entrepreneur Dr. Saira […]

Dubai-based Fasset Secures Sandbox License to Launch Pakistan’s First Tokenized Gold Solution

Dubai-based Fasset Secures Sandbox License to Launch Pakistan’s First Tokenized Gold Solution

Islamabad, April 29, 2025 — Fasset, a leading digital asset platform focused on fostering financial inclusion in high-growth markets, has officially introduced Pakistan’s first gold tokenization solution under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP). By leveraging blockchain technology, Fasset’s latest innovation enables secure, transparent, and fractionalized investments […]

Govt to expand scope of Digital Wallets across country: PM

Govt to expand scope of Digital Wallets across country: PM

ISLAMABAD, April 29 – In a major step towards modernizing welfare disbursements, Prime Minister Shehbaz Sharif announced the expansion of digital wallets across Pakistan, aiming to bring provincial systems into a unified national digital payment framework. The announcement was made during a ceremony held to honor individuals who played key roles in the successful execution […]

Top 5 Most Profitable Banks of Pakistan in Q1 2025

Top 5 Most Profitable Banks of Pakistan in Q1 2025

Karachi, April 29, 2025 — Pakistan’s banking sector is witnessing a major reshuffle as new quarterly results reveal significant shifts in profitability rankings. According to financial disclosures for the quarter ended March 31, 2025, United Bank Limited (UBL) has overtaken Meezan Bank to become the most profitable bank in the country. UBL reported an impressive […]

SANSO Launches SansoPay: The Future of Borderless Payments for Individual and Companies

SANSO Launches SansoPay: The Future of Borderless Payments for Individual and Companies

EU/UAE/Global – After making waves across industries from smart tech R&D and manufacturing to cutting-edge fintech solutions, Sanso Technologies has announced the launch of its most ambitious innovation yet: SansoPay – a revolutionary digital payment platform set to redefine how the world sends, receives, and manages money. Backed by over two decades of technological leadership, Sanso […]

JS Bank Launches Pakistan’s First Dedicated Maternity Insurance via JS Her

JS Bank Reports 2.74 Billion Profit Before Tax for Q1 2025

Karachi, April 28, 2025 — JS Bank, one of Pakistan’s fastest-growing financial institutions, has announced its financial results for the first quarter ended March 31, 2025, reporting a strong performance despite a challenging macroeconomic environment. The Bank posted an unconsolidated Profit Before Tax (PBT) of PKR 2.74 billion, while Profit After Tax (PAT) stood at […]

Habib Metropolitan Bank Reports Rs 6.24 Billion Profit in Q1 2025

Habib Metropolitan Bank Reports Rs 6.24 Billion Profit in Q1 2025

KARACHI: Habib Metropolitan Bank Limited (PSX: HMB) has announced its financial results for the current period, posting a profit after taxation of Rs6.24 billion, reflecting a nearly 2% increase compared to Rs6.12 billion in the same period last year. The bank’s Board of Directors has declared an interim cash dividend of Rs2.5 per share, equivalent […]

Karandaaz Pakistan, Accelerate Prosperity, and PFSL Partners to Strengthen Small Business Finance in Pakistan

Karandaaz Pakistan, Accelerate Prosperity, and PFSL Partners to Strengthen Small Business Finance in Pakistan

Islamabad, Pakistan – In a landmark move to bolster Pakistan’s entrepreneurial ecosystem, Karandaaz Pakistan, Accelerate Prosperity (an initiative of the Aga Khan Development Network), and Parwaaz Financial Services Ltd (PFSL) have announced a strategic partnership aimed at expanding access to finance for small businesses, with a special focus on women-led enterprises, climate-tech startups, and innovation-driven […]