The Board of Directors of easypaisa digital bank approved the financial statements for the half year ended June 30, 2025. The Bank reported a profit before tax of PKR 3.64 billion, compared to PKR 2.61 billion in the same period last year, reflecting a 39.4% increase. This performance was driven by higher markup income and […]
Lahore – TouchPoint has signed an agreement with the Punjab Provincial Cooperative Bank Ltd. (PPCBL) to provide advanced ATM services aimed at enhancing customer experience and ensuring improved service reliability. Through this collaboration, TouchPoint will strengthen PPCBL’s ATM network by delivering greater uptime, higher reliability, and seamless service quality. Leveraging its proven expertise and responsive […]
Karachi, August 22, 2025 — JS Bank Limited, one of Pakistan’s fastest-growing banks, has announced its financial results for the half year ended June 30, 2025. The Bank posted total income of PKR 21.37 billion, marking a 10% increase from PKR 19.35 billion recorded in the same period last year. Profit before tax stood at […]
KARACHI: BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, has reported a profit before tax (PBT) of PKR 8.95 billion for the first half of 2025, alongside the announcement of an interim dividend of PKR 1.50 per share (15%). The bank’s non-funded income surged by over 90%, offsetting the impact of declining policy rates and […]
ISLAMABAD – Mobilink Bank, Pakistan’s leading digital microfinance bank, has successfully upgraded its core banking system, moving from Temenos’ R17 to the latest R23 release of the cloud-native core banking platform. The upgrade marks a major milestone in the Bank’s digital transformation journey and reinforces its commitment to technological innovation, operational excellence, and customer-centric banking. […]
The agency changes the outlook on long-term deposit ratings of all banks from positive to stable. ISLAMABAD: Moody’s Ratings (Moody’s) has upgraded to Caa1 from Caa2 the local and foreign-currency long-term deposit ratings of five Pakistani banks: Allied Bank Limited (ABL), Habib Bank Ltd. (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and […]
Karachi – The State Bank of Pakistan (SBP) has announced that it will launch its upgraded payment and settlement system, PRISM+, today, marking a major milestone in the country’s financial infrastructure. PRISM+ represents a significant leap forward in modernizing how money and government securities are moved and managed across Pakistan’s financial system. Built on the […]
Despite recent improvements in Pakistan’s macroeconomic indicators, the country continues to face deep-rooted structural challenges, with a persistently low domestic savings rate topping the list, cautioned State Bank of Pakistan (SBP) Governor Jameel Ahmad. Speaking at a seminar in Karachi on Monday, the central bank chief emphasized the urgent need to address this issue to […]
Askari Bank Limited has announced its decision to exercise the Call Option on its Rated, Subordinated, and Unsecured Term Finance Certificates (TFCs) worth Rs. 6 billion. The bank disclosed this material information to the Pakistan Stock Exchange (PSX). The Call Option will be exercised in full on September 17, 2025, as per Clause 3.12 of […]
KARACHI – Meezan Bank Limited (MEBL) has reported earnings of Rs. 24.5 billion (EPS: Rs. 13.65) for the second quarter of calendar year 2025 (2QCY25), reflecting a 9% year-on-year (YoY) decline. This took the bank’s half-year (1HCY25) profitability to Rs. 46.6 billion, down 10% YoY. Alongside the results, the bank announced a cash dividend of […]