BankIslami Pakistan Limited announced on Friday the appointments of an acting Chief Financial Officer (CFO) and an acting Company Secretary. The bank shared the development in a notice to the Pakistan Stock Exchange (PSX) today. “Hasan Shahid, currently serving as the Company Secretary of Banklslami Pakistan Limited has been assigned the charge of acting CFO […]
Jazz, Pakistan’s leading digital operator, invested PKR 25.5 billion and reported a strong growth of 17.7% in the first half of 2025, underscoring its commitment to driving Pakistan’s digital transformation. The investment focuses on expanding 4G coverage, scaling digital platforms, and accelerating financial inclusion, ensuring that millions of Pakistanis benefit from affordable, high-quality digital services. […]
KARACHI, August 6, 2025— The Federal Cabinet, on the recommendation of the Ministry of Commerce, appoints Mr. Shoaib Javed Hussain as the Chief Executive Officer of State Life Insurance Corporation of Pakistan (SLIC), for a further 3 years effective August 6, 2025. The corporation has undergone a significant transformation, marked by innovation and significant growth, […]
The State Bank of Pakistan (SBP) has developed a comprehensive national implementation strategy to ensure the availability of digital payment acceptance infrastructure, including Raast QR codes, POS, and Soft POS, at all retail and commercial outlets across the country. In a strong push toward a cashless economy, the Prime Minister’s Office (PMO) has directed all […]
Lahore – August 7, 2025: The Board of Directors of MCB Bank Limited (MCB), in its meeting held under the Chairmanship of Mian Mohammad Mansha, reviewed the Bank’s performance and approved the condensed interim financial statements for the half year ended June 30, 2025. The Board declared a second interim cash dividend of Rs. 9.00 […]
National Bank of Pakistan (NBP) has become the fifth listed bank on the Pakistan Stock Exchange to surpass a market capitalization of USD 1 billion. The bank has delivered an exceptional 338 percent return so far in calendar year 2024, making it one of the top-performing stocks this year. With a Capital Adequacy Ratio (CAR) […]
HBL and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to enhance the role of commercial banks in Pakistan’s capital markets. This important agreement positions HBL as the first bank to form a partnership with NCCPL. Under this MoU, HBL aims to pursue opportunities in capital markets such […]
LAHORE: Allied Bank has officially launched its upgraded immersive banking experience in the Metaverse, marking a bold new chapter in the evolution of digital banking in Pakistan and the wider region. Building on its 2022 debut as the first Pakistani bank to enter the Metaverse, Allied Bank’s enhanced platform delivers a visually richer, feature-packed, and […]
Lahore, August 04, 2025 — Behtari, a digital investment platform dedicated to make wealth building simple and accessible for all Pakistanis, is pleased to announce a strategic partnership with Al Meezan Investment Management Limited, the country’s largest Shariah Compliant Asset Management Company. This collaboration allows users to invest directly in Al Meezan’s Shariah Compliant mutual […]
More than two decades ago, Veronica Studsgaard found herself navigating the complexities of a new business in an unfamiliar industry. With limited access to peers and no clear platform for collaboration, she recognised a critical gap in the cross-border payments sector. Determined to create a space for knowledge exchange, partnership and innovation, Veronica founded the International Association […]