Seven Pakistani banking stocks emerged among the top-performing lenders in the Asia-Pacific region in 2025, driven by low base valuations, improving profitability, elevated interest rates, balance-sheet clean-up, and renewed investor confidence in Pakistan’s macroeconomic outlook. According to data compiled by S&P Global Market Intelligence, Pakistani banks dominated the rankings of best-performing Asia-Pacific bank stocks based […]
KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced the short-listing of six applicants for live testing under its Regulatory Sandbox, marking another step toward accelerating innovation in the country’s financial sector. The selected entities will pilot their proposed solutions across key areas including open banking, remote merchant onboarding, and technology-driven inward remittances, allowing […]
Karachi: United Bank Limited (UBL) has emerged as the largest listed company on the Pakistan Stock Exchange (PSX), overtaking Oil & Gas Development Company Limited (OGDC), which had held the top position for many years. During today’s trading session, UBL’s market capitalization crossed Rs 1,275 billion (approximately USD 4.5 billion), marking a major milestone for […]
KARACHI: The HBL Pakistan Manufacturing PMI, compiled by S&P Global, edged up to 52.8 in December, rising from 52.3 in November and marking the highest reading since February. The reading reflects a solid rise in production alongside stronger demand, with new orders accelerating at their fastest pace since March. Respondents linked the uptick to business […]
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the parent company of U Microfinance Bank Limited (U Bank), has approved a capital injection of Rs 15 billion (approximately USD53 million) into the Bank, one of the largest equity injection transactions in the industry. The capital injection is intended to support U Bank’s sustained growth trajectory and the […]
ISLAMABAD: JazzCash has crossed 57 million customers, underscoring the rapid adoption of digital payments in Pakistan as the government accelerates its push toward a cashless economy. The digital financial services platform said its expanding merchant ecosystem, now comprising more than 850,000 Raast-enabled QR merchants, has emerged as a key enabler of the Prime Minister’s cashless […]
Karachi: The State Bank of Pakistan (SBP) has launched Pakistan’s Financial Inclusion Index (P-FII), a comprehensive measure designed to assess the level of financial inclusion across the country by evaluating access to, usage of, and the quality of financial services. According to the inaugural results, Pakistan’s overall financial inclusion level stood at 58.1 in 2024. […]
Islamabad: Pakistan marked a major milestone on Tuesday with the launch of its first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB), backed by a Rs1 billion guarantee from the Ministry of Finance, aimed at transforming the country’s approach to technical skills development. The inaugural Rs1 billion pilot tranche forms part of a three-year Skills Impact Bond […]
Karachi, Tuesday — Pakistan’s digital payment ecosystem continued its rapid expansion in the first quarter of FY26, with mobile app-based transactions reaching 2 billion, accounting for over 80% of all digital payments, according to the State Bank of Pakistan’s (SBP) First Quarterly Payment Systems Review of FY26 released on Tuesday. The report revealed that retail […]
[Karachi -Dec 2025]– Neem Paymenow is proud to announce a landmark partnership with K-Electric (KE), Pakistan’s only vertically integrated power utility, to provide Shariah-compliant earned-wage access to K-Electric employees. K-Electric serves more than 3.8 million customers across a vast network. These individuals are not only skilled professionals but essential community heroes who repair faults, maintain […]