[Lahore: February 04, 2026] MCB Bank Limited is pleased to announce another year of resilient financial performance for the year ended December 31, 2025, reflecting the Bank’s strategic agility, balance sheet strength, and disciplined execution amid a dynamic macroeconomic and operating environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad […]
Pakistan is set to be among the most heavily weighted countries in a proposed new JPMorgan index tracking frontier-market local-currency bonds, as the global bank moves closer to launching a benchmark aimed at higher-yielding emerging economies. According to investors consulted by Reuters, the proposed index will include local-currency bonds from around 20 to 25 frontier […]
In a vibrant display of innovation and ambition, Lahore witnessed the grand inauguration of Fintech Edge Institute on January 31, 2026, marking a significant milestone in Pakistan’s burgeoning fintech ecosystem. Spearheaded by Mr. Nazish Ali, Chairman of the Board and President & CEO of Apna Microfinance Bank Limited, the event drew over 200 industry leaders, […]
KARACHI: ABHI Microfinance Bank has signed a Memorandum of Understanding (MoU) with DigiKhata, a leading digital ledger platform used by small and medium enterprises (SMEs), to enable structured financing solutions for businesses operating on DigiKhata’s platform. The partnership is designed to connect digitally active SMEs with formal financial services, allowing eligible merchants and businesses on […]
United Bank Limited (UBL) has introduced an AI-powered – Voice Command feature inside the UBL Digital App, enabling customers to complete everyday banking actions simply by speaking. The feature brings a new, hands-free way to bank in Pakistan. “Speak More, Tap Less”: What Voice Command Does With a tap on the microphone icon, users can […]
Soneri Bank Limited announced on Thursday the appointment of Ahsan Mushahid Siddiqui as President & Chief Executive Officer (CEO), effective 1 April 2026. The bank shared the development in a notice to the Pakistan Stock Exchange today. Ahsan will succeed Muhtashim Ahmad Ashai, whose employment contract will mature on March 31. “This appointment is subject […]
United Bank Limited (UBL) as one of the Mandated Lead Advisors & Arrangers, has successfully led Pakistan’s largest private sector syndicated Islamic financing to date, totaling PKR 133 billion. The financing was extended to Deodar (Private) Limited and Engro Connect (Private) Limited, with UBL also acting as Facility Agent, Security Agent and Accounts Bank. The […]
Islamabad, Pakistan — January 27, 2026:The Government of Pakistan has appointed Ali Farid Khwaja as a Commissioner of the Securities and Exchange Commission of Pakistan (SECP), signaling a move toward strengthening regulatory oversight with global expertise and digital-first thinking. According to a notification issued by the Finance Division on January 27, 2026, Khwaja has been […]
The State Bank of Pakistan (SBP) has reduced the Cash Reserve Requirement (CRR) for banks by 100 basis points, lowering it to 5 percent on a weekly average basis and 3 percent on a daily basis, according to the SBP governor’s press briefing earlier yesterday. The move is expected to inject additional liquidity into the […]
As a joint initiative of the Pakistan Banks Association (PBA) and the State Bank of Pakistan (SBP), Pakistan’s banking sector concluded its first-ever Industry-wide Cyber Drill, a week-long exercise held from 12 to 19 January 2026 in Karachi and Lahore, with a closing ceremony in Karachi. Governor SBP, Mr Jameel Ahmad, who graced the occasion […]