ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued an investment finance services license to Foremost Financial Services Private Ltd to operate as a Non-Banking Finance Company (NBFC). Concurrently, Instant Finance Private Limited was granted prior permission to register as an NBFC under the applicable regulatory framework. The swift and timely processing of […]
KARACHI: The State Bank of Pakistan (SBP) has designated National Bank of Pakistan (NBP), United Bank Limited (UBL), and Habib Bank Limited (HBL) as Domestic Systemically Important Banks (D-SIBs) for 2025, following its annual assessment under the D-SIBs framework. The central bank said the classification is based on banks’ size, interconnectedness, substitutability, and complexity as […]
Karachi: Banks listed on the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index recorded their highest-ever half-year profitability in the first six months of 2025, according to a report released by Arif Habib Limited on Friday. The listed banks posted a combined profit after tax (PAT) of Rs326 billion (USD 1.16 billion) in 1HCY25, reflecting a […]
The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met yesterday to approve the interim condensed financial statements of the Bank for the half-year ended June 30, 2025. Delivering another period of strong performance, the Bank reported a total income of PKR 157.1 Bn, reflecting an increase of PKR 58 Bn or […]
In a meeting held on August 29, 2025, the Board of Directors of The Bank of Punjab (BOP) reviewed and approved the un-audited financial statements, duly reviewed by the external auditors, for the first half of the year ended on June 30, 2025. The Board lauded the exceptional performance of the Bank, which not only […]
The State Bank of Pakistan (SBP) has introduced the Performance Evaluation System for Investment Abroad (PESIA), an online reporting framework designed to enhance efficiency and transparency in the monitoring of equity investments abroad (EIA). According to a circular issued on Friday, PESIA will serve as a centralized mechanism for Authorized Dealers (ADs) to report all […]
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, announced its financial results for the half year ended June 30, 2025, at a Board of Directors meeting held in Islamabad. PTCL Group recorded a 16% year-on-year (YoY) revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider. Group […]
KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has sustained its business momentum during the first half of 2025, reporting solid growth in deposits and profitability while further strengthening its market position. The Bank’s total deposits rose to PKR 1.2 trillion, marking a 19% increase over December 2024. Current account […]
27 August 2025, Karachi – HBL has joined hands with Mastercard in launching its Business Debit Card designed exclusively for SMEs – sole proprietors and entrepreneurs. Two card variants have been launched, Classic and World Business Debit Card. This initiative marks a major stride in the Bank’s commitment to enable Pakistan’s businesses with innovative financial solutions and […]
KARACHI: Bank AL Habib Limited (PSX: BAHL) announced its financial results for the half year ended June 30, 2025, reporting a profit after tax (PAT) of Rs19.79 billion, reflecting an 8.66% decline compared to Rs21.66 billion in the same period last year. Earnings per share (EPS) stood at Rs17.8, down from Rs19.49 in H1 2024, […]