Karachi, April 29, 2025 — Pakistan’s banking sector is witnessing a major reshuffle as new quarterly results reveal significant shifts in profitability rankings. According to financial disclosures for the quarter ended March 31, 2025, United Bank Limited (UBL) has overtaken Meezan Bank to become the most profitable bank in the country. UBL reported an impressive […]
EU/UAE/Global – After making waves across industries from smart tech R&D and manufacturing to cutting-edge fintech solutions, Sanso Technologies has announced the launch of its most ambitious innovation yet: SansoPay – a revolutionary digital payment platform set to redefine how the world sends, receives, and manages money. Backed by over two decades of technological leadership, Sanso […]
Karachi, April 28, 2025 — JS Bank, one of Pakistan’s fastest-growing financial institutions, has announced its financial results for the first quarter ended March 31, 2025, reporting a strong performance despite a challenging macroeconomic environment. The Bank posted an unconsolidated Profit Before Tax (PBT) of PKR 2.74 billion, while Profit After Tax (PAT) stood at […]
KARACHI: Habib Metropolitan Bank Limited (PSX: HMB) has announced its financial results for the current period, posting a profit after taxation of Rs6.24 billion, reflecting a nearly 2% increase compared to Rs6.12 billion in the same period last year. The bank’s Board of Directors has declared an interim cash dividend of Rs2.5 per share, equivalent […]
Islamabad, Pakistan – In a landmark move to bolster Pakistan’s entrepreneurial ecosystem, Karandaaz Pakistan, Accelerate Prosperity (an initiative of the Aga Khan Development Network), and Parwaaz Financial Services Ltd (PFSL) have announced a strategic partnership aimed at expanding access to finance for small businesses, with a special focus on women-led enterprises, climate-tech startups, and innovation-driven […]
KARACHI, April 25, 2025: The National Bank of Pakistan (PSX: NBP) announced its financial results for the quarter ended March 31, 2025, posting a profit after tax of Rs22.11 billion [EPS: Rs10.29], a remarkable increase of 125.14% compared to Rs9.82 billion [EPS: Rs4.56] reported during the same period last year. According to the bank’s consolidated […]
KARACHI, April 26, 2025 — Habib Bank Limited (HBL) has announced a record profit before tax (PBT) of Rs 36.6 billion for the quarter ended March 31, 2025, marking a 22% increase compared to the same period last year. The bank’s profit after tax (PAT) stood at Rs 16.6 billion, up 11% year-on-year despite a […]
KARACHI, April 26, 2025 — Standard Chartered Bank Pakistan Limited (SCBPL) has announced a resilient financial performance for the first quarter of 2025, reporting a profit before tax of Rs. 17.0 billion. While this marks a decrease from Rs. 24.7 billion in the same period last year, the Bank remains optimistic amid a challenging macroeconomic […]
LAHORE – MCB Bank Limited (MCB) announced its financial results for the first quarter ended March 31, 2025, following a meeting of its Board of Directors chaired by Mian Mohammad Mansha. The Board approved the condensed interim financial statements and declared a first interim cash dividend of Rs 9.0 per share (90%), reaffirming its commitment […]
Source: Business Recorder KARACHI: JazzCash, Pakistan’s leading digital financial services platform, has announced plans to expand its footprint in the Gulf region as part of its strategy to streamline cross-border payments for Pakistani users. Speaking at Money20/20 Asia, Murtaza Ali, President of JazzCash, unveiled a strategic partnership with du Pay, a UAE-based financial services provider. […]