Islamabad: Askari Bank Limited has reaffirmed its commitment to strengthening Pakistan’s economy by accelerating its transition toward a stable, ethical, and inclusive financial system through the expansion of Shariah-compliant banking services. Islamic Banking is now available across all branches of Askari Bank, marking a significant milestone in the Bank’s transformation journey. The initiative aligns with […]
Karachi, Pakistan: TouchPoint’s Cadepo – Cash & Cheque Deposit Solution has achieved a major regulatory milestone after meeting the State Bank of Pakistan’s (SBP) regulatory benchmark for Cash Deposit Machines (CDMs) authenticate and securely accept cash deposits from customers. TouchPoint currently has more than 600 devices across Pakistan banking network and has processed transactions exceeding […]
Karachi, 23 December: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, has provided Shariah Technical Services and Advisory Support to Stylers International Limited (SIL), a company listed at Pakistan Stock Exchange (PSX), enabling it to obtain Securities and Exchange Commission of Pakistan’s (SECP) Shariah Compliance Certificate under the Shariah […]
ISLAMABAD – Samba Bank Limited Pakistan has inaugurated the “The Kingdom Connect – Saudi Business Facilitation Center”at its Jinnah Avenue Branch in Islamabad. This landmark initiative reaffirms Samba Bank’s commitment to foster deeper economic engagement between Pakistan and the Kingdom of Saudi Arabia. The inauguration ceremony was graced by Jamil Qureshi, Secretary, Special Investment Facilitation […]
Karachi– Citi announced today the appointment of Habib Yousuf as the Citi Country Officer (CCO) & Banking Head for Pakistan. His appointment will be effective December 15, 2025. Habib Yousuf will report to Naveed Kamal, Sub-Cluster & Banking Head, Middle East & Pakistan and succeeds Ahmed Bozai, former Citi Country Officer & Banking Head for […]
London/Karachi: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been recognized by the State Bank of Pakistan (SBP) under its Pakistan Remittance Initiative (PRI) as the Fifth Largest Bank in the Pakistan Remittance Market. The honor was presented at the Pakistan Remittance Summit 2025, held recently in London, UK. The recognition underscores […]
Bank Makramah Limited’s stock performance continues to surge amid strategic restructuring and capital transformation. Bank Makramah Limited (BML) has rapidly become one of the most actively traded and closely watched banking stocks at the Pakistan Stock Exchange (PSX), driven by a turnaround strategy that has repositioned the institution into a growth-stage financial contender. BML’s share […]
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 […]
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, […]