KARACHI: The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, during the Annual General Meeting held on March 30, 2026. The Bank reported a record-high Profit Before Tax (PBT) of Rs6.37 billion, marking a significant 155% increase compared to the previous year. This strong performance […]
Faysal Bank Limited (FBL) has launched Pakistan’s first-ever Mobile Tap and Withdraw service, enabling its customers to withdraw cash from Faysal Bank ATMs by simply tapping their smartphone, without the need of any physical card. With a clear focus on innovation, Faysal Bank aims to create a digital-inclusive and digital-first experience for its customers and by […]
KARACHI, April 2: Meezan Bank is stepping up its digital payments strategy, expanding its merchant network and accelerating adoption of instant payment solutions as Pakistan’s shift toward a cashless economy gathers pace, senior bank official said. The move comes as digital transactions continue to rise sharply across the country. Data from the State Bank of […]
In an important move to build a financially savvy young generation, the State Bank of Pakistan (SBP) has launched a new framework for teenagers’ accounts enabling them to independently own and operate bank accounts and digital wallets. The framework is designed to empower the country’s youth to save securely, transact confidently, and develop responsible financial […]
Habib Metropolitan Bank Limited has announced key leadership reappointments, according to a notice submitted to the Pakistan Stock Exchange (PSX) on Tuesday. The bank confirmed the reappointment of Khurram Shahzad Khan as President and Chief Executive Officer for a further term of three years, reflecting continued confidence in his leadership. In addition, Mohamedali R. Habib […]
KARACHI: Allied Bank continues to strengthen its competitive position through prudent risk management, strategic capital allocation, and diversification across investment and lending portfolios. Its steadfast commitment to operational excellence and digital transformation has not only elevated the customer experience but also reinforced the foundation for sustainable, long-term growth. Allied Bank’s net markup and interest income […]
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 […]