National Bank of Pakistan (NBP), in collaboration with 1LINK, hosted a Bank Activation Session at its Head Office in Karachi, bringing together senior leadership and Karachi Region Teams to advance the understanding of digital payments agenda. The session delivered in-depth knowledge on NBP Debit Cards, covering their full suite of features, benefits, and usage, with […]
Bank Alfalah secures USD 50 million from BII to fund climate mitigation and adaptation projects across Pakistan. BII will also provide technical assistance to help identify and deploy financing toward high-impact climate projects. Pakistan is highly vulnerable to climate change, making private sector capital in resilience and sustainability critical. London, Karachi, July 10, 2026: Bank Alfalah […]
Karachi, Pakistan – 7 July, 2026 — A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, […]
Tasdeeq, a credit information and analytics company regulated by the State Bank of Pakistan (SBP), is set to launch an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), becoming the first credit bureau in South Asia to be publicly listed. Topline Securities, the adviser and consultant to the offering, described the IPO as […]
KARACHI: BankIslami has signed a strategic partnership with Resecurity, a leading US-based cybersecurity and intelligence company, to strengthen digital security as part of its commitment to deliver a safe and Shariah-compliant banking experience for its customers. Resecurity’s Digital Risk Monitoring (DRM) and Cyber Threat Intelligence (CTI) services will provide BankIslami with real-time visibility into external […]
Dubai, New York and Islamabad, June 16 2026 — VEON Ltd (Nasdaq: VEON), a global digital operator, today announced that its digital financial services companies JazzCash and Mobilink Bank have democratized investment opportunities in Pakistan by introducing Government Treasury Bills directly through the JazzCash app, starting from as little as PKR 5,000 (approx. USD 18). The […]
The State Bank of Pakistan (SBP) has relaxed the process for converting conventional bank branches into Islamic banking branches by shortening the mandatory public notification period and reducing the interval between notices issued to current account holders. According to revised criteria issued by the central bank, the changes have taken immediate effect and are aimed […]
Islamabad, June 16, 2026: Pakistan’s leading digital bank, easypaisa, in collaboration with the Pakistan Airports Authority (PAA) and the State Bank of Pakistan (SBP), has undertaken a significant step toward digitizing various consumer payment touchpoints at Islamabad International Airport, reinforcing its transition to a cashless, future-ready travel ecosystem. In a ceremony held at the Islamabad […]
Karandaaz Pakistan and the Better Than Cash Alliance, hosted by the United Nations Development Programme (UNDP) are formally collaborating to accelerate digital merchant payments in Pakistan. The National Merchant Payments Working Group is being established to anchor this partnership, a multi-stakeholder platform designed to drive the growth of digital payments acceptance, particularly through the country’s […]
Lucky Investments Limited (Lucky Investments), one of Pakistan’s fastest-growing Islamic Asset Management Companies, and DIB Pakistan a subsidiary of Dubai Islamic Bank UAE, have entered into a strategic collaboration to broaden access to Shariah-compliant investment solutions across Pakistan. As per the signed MOU in place, DIB Pakistan will distribute Lucky Investments’ Islamic mutual funds and […]