Title: Meezan Bank Reports Impressive 65% Year-on-Year Profit Growth in 1Q2024, Declares Cash Dividend Body: Meezan Bank Limited (PSX: MEBL) has disclosed a robust financial performance for the quarter ending March 31st, 2024 (1Q2024), with a profit after tax (PAT) reaching Rs. 25 billion, marking a substantial 65 percent increase year-on-year (YoY). According to Arif…
Headline: Zaraee Partners with Bank Alfalah to Boost Agricultural Financing Body: In a significant stride towards bolstering agricultural financing, Zaraee has announced a strategic collaboration with Bank Alfalah. The partnership aims to revolutionize access to loan facilities for farmers and agribusinesses through Zaraee‘s online platform, www.zaraee.pk. The Memorandum of Understanding (MOU) signing between Zaraee and…
In a remarkable feat, JS Bank, one of Pakistan’s rapidly expanding financial institutions, has announced its surpassing of Rs500 billion in deposits, marking a significant milestone for the bank. This achievement comes on the heels of a strong performance in 2023, where the bank reported a substantial Profit Before Tax of Rs8.5 billion, showcasing a…
In a remarkable feat, JS Bank, one of Pakistan’s rapidly expanding financial institutions, has announced its surpassing of Rs500 billion in deposits, marking a significant milestone for the bank. This achievement comes on the heels of a strong performance in 2023, where the bank reported a substantial Profit Before Tax of Rs8.5 billion, showcasing a…
In a significant development towards environmental sustainability, WWF-Pakistan and The Bank of Punjab (BOP) convened for an agreement signing ceremony at BOP’s Head Office in Lahore. The collaboration between WWF-Pakistan, a leading environmental organization, and BOP underscores the latter’s dedication to fostering a Green & Clean Pakistan. During the ceremony, representatives from both organizations affirmed…
Bank Alfalah, a prominent commercial bank in Pakistan, has inked a Memorandum of Understanding (MoU) with Indus Hospital & Health Network (IHHN) to extend humanitarian support by establishing a Primary Care Health Facility in the flood-stricken District Thatta, at Makli. Under the leadership of His Excellency Sheikh Nahayan bin Mubarak Al Nahayan, Chairman of Bank…
Headline: MCB Bank and Euronet Pakistan Forge Strategic Partnership to Enhance Digital Banking Experience Subheadline: Collaboration Promises Superior Technological Solutions and Customer-Centric Innovation Body: In a significant move aimed at advancing digital banking solutions in Pakistan, MCB Bank has entered into a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for its…
In a groundbreaking move towards social empowerment, Bank Alfalah, one of Pakistan’s leading commercial banks, has announced the expansion of its collaboration with the Benazir Income Support Programme (BISP). This initiative is set to facilitate digital social cash transfers for 4.4 million women beneficiaries across Pakistan over the next three years. Driven by a steadfast…
In a groundbreaking development, Zarai Taraqiati Bank Limited (ZTBL) has unveiled its latest innovation, the DigitalApp, catering to the needs of its esteemed clientele. This cutting-edge application promises enhanced convenience, speed, and security for its valued customers. With the launch of the DigitalApp, ZTBL has taken a significant leap forward in its commitment to providing…
The Pakistan Banks’ Association (PBA) is delighted to announce the appointment of Mr. Zafar Masud, President & CEO of the Bank of Punjab (BOP), as the esteemed new Chairman of the Association. This transition follows the elevation of Mr. Muhammad Aurangzeb, the incumbent PBA Chairman, to the esteemed role of Federal Minister of Finance and…
