Samba Bank Limited (SBL) announced on Wednesday the appointment of Rashid Jahangir as its full-time president and Chief Executive Officer (CEO). The bank shared the development in a notice to the Pakistan Stock Exchange (PSX) today. Jahangir currently holds the position of acting president and CEO, and his full-time appointment is “subject to the approval of […]
Local and global economic trends: Standard Chartered’s market outlook event offers key insights
KARACHI: Standard Chartered Pakistan hosted its Market Outlook 2026 in Karachi, presenting key insights into local and global economic trends and the outlook for the year ahead. This was the first session in a series of market outlook events that the Bank hosts for its clients throughout the year. The event brought together the Bank’s […]
Pakistan’s iconic brand HBL, unveils Refreshed Brand identity
Karachi, Pakistan — HBL, one of Pakistan’s most iconic brands, unveiled its refreshed brand identity, marking a defining moment in its evolution as Pakistan’s premier financial services group. For more than eight decades, HBL has shaped Pakistan’s financial landscape and contributed meaningfully to the country’s economic development. The refreshed identity honours this heritage while expressing […]
BOP Posts highest-ever Rs. 35.80 Billion Pre-Tax Profit in 2025, Deposits Cross Rs. 2.0 Trillion
In a meeting held on February 17, 2026, the Board of Directors of The Bank of Punjab (BOP) approved the audited financial statements for the year ended on December 31, 2025. The Board expressed appreciation for the Management on Bank’s exemplary performance by delivering exceptional financial results across all areas of operations. Building on the […]
Mobilink Bank posts record PKR 3.62B PBT, reinforcing its position as Pakistan’s largest microfinance bank
Islamabad – February 16, 2026: Pakistan’s leading digital microfinance bank, Mobilink Bank has announced its financial results for the year ended December 31, 2025. The bank delivered strong growth across key financial and operational indicators while reinforcing its leadership position in Pakistan’s microfinance banking sector. Mobilink Bank delivered a strong financial turnaround in 2025, with […]
Federal Minister for IT & Telecom Shaza Fatima Khawaja Inaugurates LCCI Online Membership Portal
600 MHz spectrum auction next month, AI upskilling for one million people, “Smartphone for All” policy to give every citizen access to fast internet and digital services, says Minister IT AI can transform the economy, industry, and all business sectors: Faheem Ur Rehman Saigol LAHORE, February 14 – Federal Minister for IT & Telecom Shaza […]
ABHI Microfinance Bank, JBS to explore AI-led digital innovation in banking
KARACHI: ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with Jaffer Business Systems Private Limited (JBS) to jointly explore technology-driven solutions and AI-enabled capabilities that can support the Bank’s continued evolution into a more digitally focused financial institution. The understanding creates a practical framework for both organizations to work closely, assess emerging […]
My Impact Meter Acquired by Foreign Group, Signaling Bold Global Expansion
Lahore, Pakistan — 16 February 2026 Humaniti Foundation, a global humanitarian organization focused on measurable, technology-enabled impact, today announced it has signed an agreement to acquire a 100% stake in My Impact Meter (MiM), Pakistan’s pioneering digital charity and impact platform. The transaction closed on Friday, 13 February 2026. MiM has reimagined giving in Pakistan […]
UBL executes Rs20bn Interest Rate Swap with Engro
Karachi, Pakistan – United Bank Limited (UBL) has successfully executed a PKR 20 billion Interest Rate Swap (IRS) transaction with a subsidiary of Engro, one of Pakistan’s leading conglomerates. This landmark deal further strengthens UBL’s position at the forefront of Pakistan’s developing derivatives and risk management market, following its historic PKR 75 billion IRS transaction earlier […]
Bank Alfalah Reports PKR 28.34 Billion Profit for 2025, Announces 2-for-1 Stock Split
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 […]