TouchPoint has reinforced its position as a key technology partner in the State Bank of Pakistan’s (SBP) Digital Deposit Drive, working closely with leading banks across the country to accelerate the adoption of self-service deposit solutions. As part of this nationwide initiative, TouchPoint has achieved significant scale and impact: 905+ machines deployed nationwide, progressing toward […]
The shareholders of Bank Alfalah (BAFL), one of Pakistan’s largest commercial banks, have approved the sale of its Bangladesh operations to Bank Asia, a private-sector commercial bank based in Dhaka, for around $47.5 million. The listed bank announced the development during its 78th Annual General Meeting (AGM), the minutes of which were shared with the Pakistan […]
LAHORE: The annual audited financial statements of Soneri Bank Limited for the year ended 31 December 2025 were approved by the shareholders of the Bank in their 34th AGM held in Lahore and through video-link via Zoom on Thursday. The meeting was chaired by Amin A. Feerasta – Chairman of the Board, with Muhtashim Ahmad […]
The Board of Directors of easypaisa digital bank has approved the audited financial statements for the year ended December 31, 2025, highlighting a strong performance as the country’s first digital retail bank and reinforcing its leadership position in Pakistan’s digital financial sector. The bank posted a Profit After Tax (PAT) of PKR 17.04 billion, up […]
Allied Bank has achieved a major milestone in customer centric innovation by becoming the first bank in Pakistan to deploy an AI powered humanoid robot, “Pepper.” This initiative reflects Allied Bank’s commitment to enhancing in-branch experiences through smarter, more engaging, and digitally enabled customer interactions. Pepper will support customers by addressing common queries, guiding them […]
National Bank of Pakistan (NBP) has embarked on the journey towards integration of technology systems via new Enterprise Service Bus (ESB) platform. The signing ceremony was held at NBP Head office, graced by Mr. Shaikh Ausaf Ahmed, Chief Technology Officer (A) from NBP and Mr. Amin ul Hafeez, CEO Arcana Info Pvt Ltd. This upgrade […]
Bank Makramah Limited (BML) has announced its financial results for the year ended December 31, 2025, delivering a landmark financial recovery with Pre Tax Profit of PKR 19 Billion and a total turnaround of PKR 26.35 Billion compared to the previous year. Profit after tax also stood positive at Rs. 8.79 Billion against loss of […]
ISLAMABAD: ACE Money Transfer, one of the leading global remittance service providers, has entered into a strategic partnership with Askari Bank to expand and strengthen legal and digital remittance channels into Pakistan. The collaboration was formalised through a signing ceremony held here on Thursday, attended by senior leadership from both financial institutions. This partnership further […]
LAHORE: MCB Islamic Bank Limited has appointed Hammad Khalid as its new President and Chief Executive Officer. The Board of Directors of MCB Islamic Bank has approved Khalid’s appointment in line with its strategic vision and governance framework. His appointment reflects the Bank’s commitment to strengthening leadership and driving sustainable growth in an evolving financial […]
KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a profit before tax of Rs 58.5 billion compared to Rs 100.6 billion last year. Revenue was lower year on year primarily due to sharp reduction in interest rates. The impact of margin compression on revenue was partially offset by a decrease […]