LAHORE: The Bank of Punjab (BOP), one of Pakistan’s leading public sector commercial banks, has announced its financial results for the first quarter of 2026, posting exceptional growth across key performance indicators. The Bank’s Board of Directors approved the unaudited financial statements for the period ended March 31, 2026, highlighting robust financial performance driven by […]
KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 23, 2026, approved the Bank’s financial results for the quarter ended March 31, 2026. The Board of the Bank also approved an interim cash dividend of PKR 1.5 per share (30 percent) [Mar 25 (restated): PKR 1.25 per share […]
[Lahore: April 23, 2026] MCB Bank Limited is pleased to announce its financial results for the quarter ended March 31, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed and […]
Meezan Bank (MEBL) announced its 1Q2026 result today, where the bank recorded unconsolidated earnings of Rs. 23.4 billion (earnings per share of Rs. 13.0), up by 6 percent year-on-year (YoY) and 7 percent quarter-on-quarter (QoQ) The high profit was due to stronger-than-expected non-operating income, according to Topline Securities. Net spread slightly declined by 1 percent […]
Partnership to enhance remittance services with faster processing, improved security, greater transparency, and convenience for overseas Pakistanis. The Bank of Punjab has entered into a strategic Memorandum of Understanding with Stacks, marking an important step toward transforming Pakistan’s remittance landscape and strengthening the country’s digital financial ecosystem. The MoU was signed by Mr. Muneeb Ali, […]
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
Karachi, April 20th, 2026: DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border home remittances, and international transactions for freelancers. This partnership marks a significant milestone in Pakistan’s digital financial landscape, by combining DIB […]
Karachi, Pakistan – : InfraZamin Pakistan Limited, in partnership with Infralectric, a Brillanz Group company, Dubai Islamic Bank Limited, Bank Alfalah Limited, and Meezan Bank Limited today announced the signing of Pakistan’s first-ever PKR 3 Billion, ‘AAA’ Rated, Green Sukuk for the telecom sector, marking a major milestone in sustainable infrastructure financing and climate-aligned capital […]
United Bank Limited posted its highest-ever quarterly profit in the first quarter of 2026, reporting a consolidated profit after tax of Rs. 48.42 billion, while earnings per share rose to Rs. 19.33, according to the bank’s financial results and research snapshot shared by Arif Habib Limited. The latest quarterly result marks a 34 percent increase […]
The Securities and Exchange Commission of Pakistan (SECP) has granted a Non-Banking Finance Company (NBFC) license to Coco Tech Pakistan, a subsidiary linked to Alibaba Group, enabling it to roll out Buy Now, Pay Later (BNPL) services in the country. The development marks Alibaba’s formal entry into Pakistan’s regulated fintech and e-commerce-linked financial services sector. […]