JS Bank is delighted to announce its partnership with Inspiring Women to provide training in financial management, budgeting, and saving for girls and women. This collaboration is a pivotal aspect of JS Bank’s Her Entrepreneurial Community initiative, aimed at empowering female entrepreneurs with the necessary guidance and support for personal and business growth. Through this […]
MCB Bank Limited Declares Impressive First Quarter Results In a recent board meeting chaired by Mian Mohammad Mansha, MCB Bank Limited (MCB) reviewed its performance for the first quarter ending March 31, 2024, and approved condensed interim financial statements. The board declared a first interim cash dividend of Rs. 9.0 per share, reflecting a robust […]
Bank Alfalah Limited Reports Strong Financial Performance for Quarter Ended March 31, 2024 In a recent meeting held on April 24, 2024, the Board of Directors of Bank Alfalah Limited (BAFL) approved the bank’s financial results for the quarter ended March 31, 2024, showcasing robust growth and strategic resilience in challenging market conditions. The bank […]
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 of Pakistan (SECP), and His Excellency Mr. Henrik Persson, the Ambassador […]
In a move set to revolutionize the landscape of digital payments, Soneri Bank and PayFast have joined forces in a strategic partnership aimed at empowering tomorrow’s financial transactions. This collaboration marks a significant milestone in the journey towards streamlined and efficient digital banking solutions. Soneri Bank, a leading financial institution renowned for its commitment to […]
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 […]
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 […]
Mashreq Pakistan becomes the inaugural digital bank on 1LINK’s platform, heralding a new era of seamless financial services in Pakistan. In a groundbreaking development for Pakistan’s banking landscape, Mashreq Pakistan proudly announces its strategic collaboration with 1LINK, the nation’s foremost switch and payment services provider. This landmark partnership positions Mashreq as the premier digital banking […]
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 expertise in processing secure electronic financial transactions. The signing ceremony, presided over by MCB Bank President & CEO, Mr. Shoaib Mumtaz, and attended by […]
In a significant development for Pakistan’s financial sector, Mr. Farrukh Sabzwari has been elected as the Chairman of the Central Depository Company of Pakistan Limited (CDC). With over 25 years of distinguished experience in investment banking, both domestically and internationally, Mr. Sabzwari brings a wealth of expertise to his new role. Prior to his appointment […]