Lahore – MCB Islamic Bank hosted its Annual Awards 2024 in Lahore, celebrating the remarkable achievements, dedication, and contributions of its top-performing team members from across Pakistan. The prestigious event was graced by Raza Mansha, Chairman of the Board of Directors, who attended as the Chief Guest. In his address, Mansha commended the bank’s continued […]
Karachi, May 2, 2025 — Dubai Islamic Bank Pakistan Limited (DIBPL) has announced the appointment of Mr. Muhammad Ali Gulfaraz as its new Chief Executive Officer, effective today, May 2, 2025. With a distinguished career spanning over 25 years, Gulfaraz brings a wealth of international and domestic banking experience to his new role. His expertise […]
Karachi, May 2, 2025 — Bank Alfalah Limited (PSX: BAFL) has officially completed the divestment of its entire shareholding in its subsidiary, Alfalah Securities (Private) Limited. In a stock filing submitted to the Pakistan Stock Exchange (PSX) today, the Bank confirmed the sale of 324,999,912 shares—representing 95.59% of Alfalah Securities’ issued and paid-up capital—to M/s. […]
Peshawar – April 30, 2025 — The Bank of Khyber (BoK) has announced stellar financial results for the first quarter of the financial year 2025 (Q1FY25), reporting a Profit After Tax (PAT) of Rs. 1.6 billion, marking an impressive 108 percent year-on-year (YoY) increase. The bank’s strong performance was driven by a 45 percent YoY […]
Karachi, April 29, 2025 — Pakistan’s banking sector is witnessing a major reshuffle as new quarterly results reveal significant shifts in profitability rankings. According to financial disclosures for the quarter ended March 31, 2025, United Bank Limited (UBL) has overtaken Meezan Bank to become the most profitable bank in the country. UBL reported an impressive […]
Karachi, April 28, 2025 — JS Bank, one of Pakistan’s fastest-growing financial institutions, has announced its financial results for the first quarter ended March 31, 2025, reporting a strong performance despite a challenging macroeconomic environment. The Bank posted an unconsolidated Profit Before Tax (PBT) of PKR 2.74 billion, while Profit After Tax (PAT) stood at […]
KARACHI: Habib Metropolitan Bank Limited (PSX: HMB) has announced its financial results for the current period, posting a profit after taxation of Rs6.24 billion, reflecting a nearly 2% increase compared to Rs6.12 billion in the same period last year. The bank’s Board of Directors has declared an interim cash dividend of Rs2.5 per share, equivalent […]
KARACHI, April 25, 2025: The National Bank of Pakistan (PSX: NBP) announced its financial results for the quarter ended March 31, 2025, posting a profit after tax of Rs22.11 billion [EPS: Rs10.29], a remarkable increase of 125.14% compared to Rs9.82 billion [EPS: Rs4.56] reported during the same period last year. According to the bank’s consolidated […]
KARACHI, April 26, 2025 — Habib Bank Limited (HBL) has announced a record profit before tax (PBT) of Rs 36.6 billion for the quarter ended March 31, 2025, marking a 22% increase compared to the same period last year. The bank’s profit after tax (PAT) stood at Rs 16.6 billion, up 11% year-on-year despite a […]
KARACHI, April 26, 2025 — Standard Chartered Bank Pakistan Limited (SCBPL) has announced a resilient financial performance for the first quarter of 2025, reporting a profit before tax of Rs. 17.0 billion. While this marks a decrease from Rs. 24.7 billion in the same period last year, the Bank remains optimistic amid a challenging macroeconomic […]