Breaking News: Askari Bank Limited (PSX: AKBL) Reports Decline in 1QCY24 Earnings Askari Bank Limited (PSX: AKBL) has announced its financial results for the first quarter of 2024 (1QCY24) today, revealing a notable decrease in profitability compared to the same period last year. The bank’s Profit After Tax (PAT) for 1QCY24 stands at Rs. 3.7 […]
Standard Chartered Bank Pakistan Limited Reports Impressive Q1 2024 Performance In a notable display of financial prowess, Standard Chartered Bank Pakistan Limited (SCBPL) has announced a substantial surge in its first-quarter profits for 2024. The bank reported a staggering 53 percent growth in profit before tax, reaching Rs. 24.7 billion. After-tax profits also experienced a […]
Leatherback Partners with MCB Bank to Facilitate Seamless Remittances in Pakistan and South Asia In a bid to streamline cross-border financial transactions, Leatherback, a global banking service provider, has joined forces with MCB Bank, one of Pakistan’s largest commercial banks. This strategic partnership aims to enhance accessibility to business and lifestyle opportunities in Pakistan and […]
BankIslami Reports Impressive Financial Performance in Q1 2024 In a testament to its financial resilience and strategic prowess, BankIslami has announced stellar financial results for the first quarter of 2024, with a remarkable surge in profit before tax. Despite facing challenging market conditions, the bank achieved a profit before tax of PKR 6.3 billion, marking […]
In a significant development, Habib Bank Limited (HBL) has inked a strategic partnership with Shaukat Khanum Hospital aimed at optimizing cash management and payroll processes. This collaboration underscores HBL’s unwavering commitment to pioneering solutions and fortifying critical healthcare infrastructure. HBL, a leading financial institution renowned for its innovative approach, has entered into a strategic alliance […]
BANK OF PUNJAB’S FIRST QUARTER PERFORMANCE UNDERSCORES REMARKABLE GROWTH Lahore, April 26, 2024 – The Board of Directors of The Bank of Punjab convened on Friday to deliberate on the un-audited Financial Statements for the 1st quarter ending March 31, 2024. The session saw a thorough review of the Bank’s performance against its strategic business […]
According to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, JSBL reported a consolidated profit of Rs4.2 billion during the three months ended March 31, 2024, soaring from Rs883.27 million in the first quarter of the previous year. The surge in profit is attributed to a substantial rise in both interest and […]
In a groundbreaking announcement made at the Pakistan Agricultural Coalition conference held in Lahore, Agrilift and HBL (Habib Bank Limited) have formally declared a strategic partnership aimed at bolstering financial inclusion within the farming community. The collaboration centers around the introduction of Agrilift Smart Risk, a pioneering initiative designed to revolutionize credit assessment processes and […]
Faysal Bank Limited (FBL) Records Remarkable 103% Profit Surge in Q1 2024 Faysal Bank Limited (FBL) has announced an exceptional financial performance for the first quarter of 2024, showcasing a staggering 103% growth in profits. The bank’s profits soared to Rs 6.5 billion in comparison to the previous year’s Rs. 3.2 billion for the same […]
JS Bank is delighted to announce its partnership with Inspiring Women to provide training in financial management, budgeting, and saving for girls and women. This collaboration is a pivotal aspect of JS Bank’s Her Entrepreneurial Community initiative, aimed at empowering female entrepreneurs with the necessary guidance and support for personal and business growth. Through this […]