Karachi: Faysal Bank Limited (FBL) has won the award for Pakistan’s Best Bank (mid-sized) at the 10th Pakistan Banking Awards, reaffirming its leadership in Islamic banking and its commitment to innovation, excellence, and customer-centric growth. As one of Pakistan’s leading Islamic Bank, with an expanding network of nearly 900 branches nationwide, Faysal Bank’s recognition as […]
Karachi, 12th November: Meezan Bank, Pakistan’s leading Islamic bank, has been declared the winner of the ‘Best Bank of the Year – Large Size Banks’ award by the CFA Society Pakistan, a member society of the CFA Institute, USA, at its 22nd Annual Excellence Awards held recently in Karachi. This marks the sixth consecutive year that […]
KARACHI: The Board of Directors of Sindh Bank, in its meeting held on October 29, 2025, approved the bank’s financial statements for the nine months ended September 30, 2025, marking a period of exceptional performance across key business segments. The bank reported an impressive 213 percent growth in operating profit compared to the same period […]
Karachi, Pakistan – The State Bank of Pakistan (SBP) has issued new directives requiring commercial banks, microfinance banks, and Development Finance Institutions (DFIs) to introduce end-to-end digital onboarding for Small and Medium Enterprises (SMEs) under updated prudential regulations. The revised framework allows financial institutions to leverage advanced technology-based solutions — including GPS, geo-tagging, and video […]
In a move aimed at strengthening institutional coordination between banks and their wholly-owned subsidiaries, the State Bank of Pakistan (SBP) has amended its Corporate Governance Regulatory Framework to allow board members of banks to also serve as directors on the boards of their associated exchange companies. According to a circular issued by the central bank, […]
[Lahore: 1st November 2025] MCB Bank Limited (MCB), one of Pakistan’s leading Banks, and NexGen Auto, the exclusive distributor of OMODA and JAECOO vehicles in Pakistan, have announced a strategic partnership to offer highly competitive and discounted auto financing solutions for customers purchasing the all-new JAECOO J7 SHS PHEV and other select OMODA and JAECOO […]
LAHORE: The Board of Directors of The Bank of Punjab (BOP), in its meeting held on Thursday, approved the un-audited financial statements for the nine months ended September 30, 2025, lauding the Bank’s exceptional performance and record-breaking financial results across all key indicators. Despite a challenging macroeconomic environment marked by declining interest rates and rising […]
Standard Chartered Bank (Pakistan) Limited has announced a profit before tax (PBT) of PKR 46.1 billion for the nine months ended 30 September 2025, compared to PKR 75.5 billion during the same period last year, reflecting a resilient performance amid a challenging economic environment. The Bank reported total revenue of PKR 63.3 billion, down 30 […]
KARACHI: Askari Bank Limited (AKBL) has posted a record profit after tax (PAT) of Rs. 7.5 billion for the third quarter ended September 30, 2025 (3QCY25), translating into earnings per share (EPS) of Rs. 5.18 — a robust 112 percent year-over-year increase compared to Rs. 3.5 billion (EPS: Rs. 2.44) in the same period last […]
KARACHI: Standard Chartered Bank Pakistan held an exclusive client session to showcase its flagship digital banking platform Straight2Bank alongside a presentation from the State Bank of Pakistan (SBP) on RAAST, the country’s instant payment system. The event highlighted the Bank’s payment capabilities, and how seamless integration between the two platforms is enabling businesses to benefit […]