KARACHI, April 26, 2025 — Standard Chartered Bank Pakistan Limited (SCBPL) has announced a resilient financial performance for the first quarter of 2025, reporting a profit before tax of Rs. 17.0 billion. While this marks a decrease from Rs. 24.7 billion in the same period last year, the Bank remains optimistic amid a challenging macroeconomic […]
MCB Bank Posts Rs 13.8 Billion Profit in Q1 2025
LAHORE – MCB Bank Limited (MCB) announced its financial results for the first quarter ended March 31, 2025, following a meeting of its Board of Directors chaired by Mian Mohammad Mansha. The Board approved the condensed interim financial statements and declared a first interim cash dividend of Rs 9.0 per share (90%), reaffirming its commitment […]
JazzCash Eyes Regional Expansion in Gulf Region for Seamless Remittance
Source: Business Recorder KARACHI: JazzCash, Pakistan’s leading digital financial services platform, has announced plans to expand its footprint in the Gulf region as part of its strategy to streamline cross-border payments for Pakistani users. Speaking at Money20/20 Asia, Murtaza Ali, President of JazzCash, unveiled a strategic partnership with du Pay, a UAE-based financial services provider. […]
Bank Al Habib Reports PKR 10.72 Billion Profit in Q1 2025
KARACHI – April 24, 2025: Bank AL Habib Limited (PSX: BAHL) has reported a 4.59% year-on-year increase in its profit after tax for the quarter ended March 31, 2025, reaching Rs10.72 billion, up from Rs10.25 billion in the corresponding period last year. The bank also announced an interim cash dividend of 35%, translating to Rs3.5 […]
Allied Bank Reports PKR 8.48 Billion Profit in Q1 2025
April 24, 2025: Allied Bank Limited (PSX: ABL) reported a net profit of Rs8.48 billion for the quarter ended March 31, 2025, translating into earnings per share (EPS) of Rs7, down 26.97% from Rs11.61 billion (EPS: Rs10) recorded in the same period last year. In tandem with the results, the bank’s board of directors announced […]
Faysal Bank Reports PKR 5.1 Billion Profit in Q1 2025
KARACHI – April 2025: Faysal Bank Limited (FBL) has reported resilient financial results for the first quarter of 2025, reaffirming its strong position in Pakistan’s Islamic banking sector. On a standalone basis, the Bank posted a Profit Before Tax (PBT) of PKR 11.1 billion, while net profit stood at PKR 5.1 billion. Despite challenges stemming […]
LandIn Partners with Fintech News Pakistan to Support Startup Expansion into the KSA
Riyadh, Saudi Arabia – LandIn, a leading soft-landing partner for global startups, has announced a strategic partnership with Fintech News Pakistan, a premier platform for fintech developments in the Kingdom. This collaboration is designed to empower high-potential founders by providing them with the tools, connections, and guidance needed to successfully enter and scale within Saudi Arabia’s rapidly growing […]
BOP Reports Record-Breaking Financial Performance in Q1 2025 with 353% Surge in Operational Profit
Lahore, April 22, 2025 — The Board of Directors of The Bank of Punjab (BOP), in a meeting held on April 22, 2025, reviewed and approved the unaudited financial statements for the first quarter ended March 31, 2025. The Board commended the Bank’s exceptional financial performance, which significantly surpassed expectations and set new benchmarks across […]
BankIslami Reports Rs. 5.49 Billion Profit in Q1 2025
Karachi, April 22, 2025 — BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, has announced robust financial results for the first quarter ended March 31, 2025, showcasing strong profitability and continued progress on its innovation-led strategy. The Bank posted a Profit Before Tax (PBT) of PKR 5.49 billion, reflecting a solid start to the year. […]
BOP Posts Rs1.79 billion Profit with 6% Growth for Q1 2025
Lahore, April 22, 2025 — The Bank of Punjab (BOP) has reported a 6% year-on-year increase in its profit after tax (PAT) for the quarter ended March 31, 2025, according to the consolidated financial results disclosed at the Pakistan Stock Exchange (PSX) on Tuesday. BOP’s PAT stood at Rs1.79 billion for the January-March 2025 period, […]