The Saudi National Bank (SNB), the majority shareholder of Samba Bank Limited, has received an offer from Najd Gateway Holding Company to acquire SNB’s entire shareholding in Samba Bank Pakistan, representing approximately 84.51% of the bank’s issued shares. Samba disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Saudi […]
Karachi, 4th December 2025: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, has been awarded the top distinction at the 40th Corporate Excellence Awards hosted by the Management Association of Pakistan (MAP). With this recognition, the Bank has maintained its standing as the ‘Best Company in the Financial Category’ for the fourth consecutive […]
Habib was chosen in the ‘transportation and aerospace’ cateogry while BlackRock’s Chaudhry made it to the ‘venture capital’ list. Two Pakistanis – Salman Habib and Hassan Chaudhry – are among 600 people featured on the Forbes ‘30 Under 30 United States 2026’ list, spotlighting America’s brightest young entrepreneurs. Habib was honored in the ‘Transportation & […]
KARACHI: The State Bank of Pakistan (SBP) Governor Jameel Ahmad on Tuesday reaffirmed the central bank’s commitment to strengthening the country’s digital payments landscape, emphasing the need for a regulatory framework that drives innovation, competition, and consumer protection. Speaking at the launch of a new co-badged card introduced by Faysal Bank Limited in partnership with […]
KARACHI: Standard Chartered (Pakistan) Limited has been awarded the working capital banking mandate by EMAAR Pakistan, marking a significant development for Pakistan’s real estate and financial sectors. The mandate positions Standard Chartered as EMAAR’s banking partner for its Karachi-based projects, enabling the bank to deliver a comprehensive suite of financial services ranging from working capital […]
The federal government officially established the Pakistan Digital Authority (PDA), appointing a chairperson and one other member to the body, it emerged on Wednesday. As one of three bodies formed under the Digital Nation Bill — approved by the federal cabinet in June — the PDA will comprise a chairperson and two members, who will work to develop, implement […]
Faysal Bank Limited (FBL), in partnership with PayPak and Mastercard, has unveiled Pakistan’s first PayPak–Mastercard Co-Badge Debit Card, a landmark development for the country’s payments ecosystem. The new card brings together the global acceptance and security of Mastercard with the reliability and cost-efficiency of PayPak, supporting the State Bank of Pakistan’s (SBP) vision of a […]
Pakistan’s long-overlooked fintech landscape is undergoing a significant resurgence, driven by renewed investor confidence and rapidly evolving regulatory reforms, according to a recent report by Forbes. The publication noted that after years of lagging behind India and other regional markets, Pakistan is now emerging as a strong contender in South Asia’s digital finance space. Forbes […]
Wateen Telecom has announced a strategic partnership with The Bank of Punjab (BOP) to jointly establish an Artificial Intelligence (AI) Factory, a transformative initiative aimed at accelerating digital transformation and AI-driven innovation across Pakistan’s banking industry. The agreement was formalized during a signing ceremony attended by senior leadership from both organizations, including Mr. Adil Rashid, […]
Islamabad, December 1, 2025: Askari Bank Limited has entered into a strategic partnership with Autosoft Dynamics (Pvt.) Limited, a leading provider of banking technology solutions, to implement a state-of-the-art Digital Lending and Loan Origination System (LOS). This collaboration marks a significant milestone in the Bank’s digital transformation journey and reinforces its commitment to redefining customer […]