HBL Announces Rs. 6 Billion Equity Investment in its Subsidiary, HBL Microfinance Bank Ltd. – Fintech News Pakistan

HBL Announces Rs. 6 Billion Equity Investment in HBL Microfinance Bank Ltd Habib Bank Ltd (HBL) has recently disclosed its decision to inject up to Rs. 6 billion in equity into its subsidiary, HBL Microfinance Bank Ltd (HBL MfB), as confirmed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. Established in 2002,…

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The Bank of Punjab Posts Rs. 3.51 Billion Profit in 3 Months (Q1-2024) – Fintech News Pakistan

BANK OF PUNJAB’S FIRST QUARTER PERFORMANCE UNDERSCORES REMARKABLE GROWTH Lahore, April 26, 2024 – The Board of Directors of The Bank of Punjab convened on Friday to deliberate on the un-audited Financial Statements for the 1st quarter ending March 31, 2024. The session saw a thorough review of the Bank’s performance against its strategic business…

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JS Bank Limited Posts Rs. 4.2 Billion Profit in 3 Months (Q1-2024) – Fintech News Pakistan

According to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, JSBL reported a consolidated profit of Rs4.2 billion during the three months ended March 31, 2024, soaring from Rs883.27 million in the first quarter of the previous year. The surge in profit is attributed to a substantial rise in both interest and…

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Pakistan Stock Exchange (PSX) Marks Listing of Mahaana Islamic Index ETF – Fintech News Pakistan

Headline: Pakistan Stock Exchange Celebrates Listing of Mahaana Islamic Index ETF In a vibrant ceremony hosted at the Pakistan Stock Exchange (PSX), the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) was celebrated with notable dignitaries in attendance. Among the distinguished guests were Mr. Akif Saeed, Chairman of the Securities and Exchange Commission…

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