In a meeting held on February 17, 2026, the Board of Directors of The Bank of Punjab (BOP) approved the audited financial statements for the year ended on December 31, 2025. The Board expressed appreciation for the Management on Bank’s exemplary performance by delivering exceptional financial results across all areas of operations. Building on the […]
Mobilink Bank posts record PKR 3.62B PBT, reinforcing its position as Pakistan’s largest microfinance bank
Islamabad – February 16, 2026: Pakistan’s leading digital microfinance bank, Mobilink Bank has announced its financial results for the year ended December 31, 2025. The bank delivered strong growth across key financial and operational indicators while reinforcing its leadership position in Pakistan’s microfinance banking sector. Mobilink Bank delivered a strong financial turnaround in 2025, with […]
ABHI Microfinance Bank, JBS to explore AI-led digital innovation in banking
KARACHI: ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with Jaffer Business Systems Private Limited (JBS) to jointly explore technology-driven solutions and AI-enabled capabilities that can support the Bank’s continued evolution into a more digitally focused financial institution. The understanding creates a practical framework for both organizations to work closely, assess emerging […]
UBL executes Rs20bn Interest Rate Swap with Engro
Karachi, Pakistan – United Bank Limited (UBL) has successfully executed a PKR 20 billion Interest Rate Swap (IRS) transaction with a subsidiary of Engro, one of Pakistan’s leading conglomerates. This landmark deal further strengthens UBL’s position at the forefront of Pakistan’s developing derivatives and risk management market, following its historic PKR 75 billion IRS transaction earlier […]
Bank Alfalah Reports PKR 28.34 Billion Profit for 2025, Announces 2-for-1 Stock Split
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 […]
Mirsad AI Launches AI-Native AML Compliance for GCC Financial Institutions, Licensed with Qatar Financial Centre
Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
Faysal Bank and Waseela ink MoU to Finance Farmers
KARACHI: Faysal Bank Ltd on Wednesday signed a memorandum of understanding (MoU) with Waseela Pakistan to provide fast-track, Shariah-compliant financing to support farmers in meeting their agricultural needs. The partnership will offer quick and hassle-free access to finance through digital solutions, reducing farmers’ dependence on middlemen. Financing will be provided under the Electronic Warehouse Receipt […]
British Asian Trust selected as a Recipient of Citi Foundation 2025 Global Innovation Challenge to Accelerate Youth Economic Opportunities
Karachi, Pakistan – British Asian Trust joins a cohort of 50 community organizations around the world, receiving $500,000 to accelerate youth employability through the Citi Foundation’s 2025 Global Innovation Challenge. Through this initiative, the British Asian Trust will support greater financial inclusion for low-income young entrepreneurs across Pakistan, helping unlock business growth and job creation in underserved urban […]
MCB Islamic Bank, Adamjee Insurance Compnay Ltd. (WTO) Partner to Embed Free Takaful in Digital Deposit Accounts
KARACHI: MCB Islamic Bank and AICL-WTO have formalized a strategic partnership by signing an agreement, marking an important step forward in MCB Islamic’s Digital First strategy and customer-focused innovation. The agreement was formally signed by Zargham Khan Durrani, President & CEO of MCB Islamic Bank, and Muhammad Ali Zeb, MD & CEO of AICL-WTO, reaffirming […]
Visa and HBL announce Five Winners of She’s Next in Pakistan
Winners were announced at the finals pitch event following a three-month long program that kicked off in November 2025 Anusha Fatima – TrashIt wins the new Sustainability Award introduced for the first time this year Winners receive a USD10,000 grant each, a tailored training program, mentoring opportunities, and access to She’s Next Club resources such […]