The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its downward trajectory, clocking in at 38% as of June 2025. The banking sector’s ADR stood at 38.1% as of June 2025, down from 39.8% recorded in May 2025, reflecting a decrease of 172 basis points (bps), stated brokerage house Arif Habib Limited (AHL) on Tuesday. On […]
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has partnered with Smart1-Tech (Pvt.) Ltd., a fast-growing Fintech company focused on digital payments and acceptance solutions. This partnership aims to expand secure, cashless payment options for Micro, Small, and Medium Enterprises (MSMEs). This collaboration underscores FBL’s commitment to financial inclusion through Fintech partnerships, especially […]
Banking sector deposits increased by 14.1 percent year-on-year (YoY) in June 2025, according to the latest data from the State Bank of Pakistan. Banking deposits increased to Rs. 35.5 trillion as of June 2025 (June 2024: Rs. 31.1 trillion), while advances also increased by 8.7 percent YoY to Rs. 13.5 trillion during the same period […]
KARACHI: United Bank Limited (PSX: UBL) has declared an interim cash dividend of Rs8 per share, after posting a 106% year-on-year increase in its after-tax profit for the half-year ended June 30, 2025. The bank’s profit soared to Rs64.7 billion, up from Rs31.4 billion in the same period last year, driven by a significant rise […]
KARACHI: The State Bank of Pakistan (SBP) has announced the appointment of Primary Dealers (PDs) and Special Purpose Primary Dealers (SPDs) for the fiscal year 2025-26. Applications for the selection of PDs and SPDs were invited on May 7, 2025, from all eligible institutions under the relevant rules. After evaluating the applications in line with […]
Codebase Technologies enabling next-gen digital banking transformation in Pakistan with its Digibanc™ platform and expert advisory. Islamabad, Pakistan – July, 2025 – Pakistan’s financial services sector is undergoing a quiet revolution. With over 60% of the population under the age of 30 and smartphone penetration exceeding 50%, the country is on the brink of a […]
Faysal Bank, one of the country’s leading Islamic Banks, has launched Pakistan’s first Inclusive Communication Guide, developed in collaboration with the Centre of Excellence in Responsible Business (CERB), under the aegis of the Pakistan Business Council. This guide is a pioneering resource aimed at embedding respectful, inclusive, and sensitive language into workplace culture, setting a […]
Karachi: United Bank Limited (PSX: UBL) has emerged as the second most valuable listed company on the Pakistan Stock Exchange (PSX), marking a significant milestone for the country’s banking sector. The development was highlighted by Topline Securities CEO Mohammed Sohail in a post on X (formerly Twitter), noting that UBL’s market capitalization has soared from […]
KARACHI: In a decisive move to strengthen its financial foundation and position itself for accelerated growth, Bank Makramah Limited (BML) has announced significant capital injections alongside a major strategic asset sale. According to BML announcement, it is making significant strides in its recapitalization efforts, reinforcing its commitment to long-term financial stability and growth. This progress […]
PESHAWAR: In an era when public sector institutions frequently draw criticism for inefficiency and bureaucratic inertia, the Bank of Khyber (BoK) has emerged as a standout example of transformation, professionalism, and integrity. The provincially owned bank has shattered market expectations by hitting a three-year high share price of Rs. 19.83 — marking an impressive 57.76% […]