Banking Sector Archives

The Bank of AJK has signed a MoU with Silver Lake Axes The Bank of AJK has achieved a significant milestone in introducing innovation to its banking infrastructure.

On: May 30, 2025

Tagged: Banking infrastructure, Growth of Kashmir Bank, Silver Lake Axes, The Bank of AJ&K

MUZAFFARABAD ( WEB NEWS ) The Bank of Azad Jammu and Kashmir has signed a Memorandum of Understanding (MoU) with Silver Lake Axes, a world-renowned Malaysian company, marking a significant step towards digitalization and scheduling. The MoU was signed during a ceremony held in Kuala Lumpur, Malaysia, after which documentsRead More →

Bank Alfalah launches Eatsy, Pakistan’s first bank-led Restaurant ApP Bank Alfalah has already onboarded 11 tier-one restaurants, including Premo by Xanders,

On: May 21, 2025

In: Banking Sector

Tagged: Bank Alfalah, bank-led Restaurant ApP, Consumers and merchants, Launches Eatsy

Bank Alfalah launches Eatsy, Pakistan’s first bank-led Restaurant ApP ISLMABAD ( WEB NEWS ) Bank Alfalah, one of Pakistan’s largest commercial banks in Pakistan, announces the launch of Eatsy, a first-of-its-kind, end-to-end digital dining payment solution that transforms the restaurant experience for both consumers and merchants. With Eatsy, Bank AlfalahRead More →

Mobilink Bank becomes the first to bag Top Employer in Pakistan for 2025. "This global recognition reflects our team's drive to build an inclusive and empowering workplace," CEO

On: May 21, 2025

In: Banking Sector

Tagged: 'MobilinkHer', Bag Top Employer, Mobilink Bank, Professional growth.

Mobilink Bank becomes the first in the banking industry to bag Top Employer in Pakistan for 2025 ISLAMABAD ( WEB NEWS ) Pakistan’s leading digital microfinance bank, Mobilink Bank, has been certified as a Top Employer in Pakistan for 2025 by the prestigious Top Employers Institute, a global authority recognizingRead More →

Mobilink Bank and Fatima Fertilizer partner to drive financial inclusion in agri-growth Two leaders in their respective sectors, with a shared commitment to transforming rural livelihoods.

On: May 17, 2025

In: Banking Sector

Tagged: Agri-growth, Fatima Fertilizer, Mobilink Bank

Mobilink Bank and Fatima Fertilizer partner to provide access to finance to empower the agri-community ISLAMABAD ( WEB NEWS ) Pakistan’s largest digital microfinance institution, Mobilink Bank and Fatima Fertilizer, a leading player in Pakistan’s agricultural sector, have entered into a strategic partnership to digitally empower Pakistan’s underserved farming communitiesRead More →

JS Bank Reports PKR 2.74 Billion Profit Before Tax for Q1 2025 Despite a significant reduction in the regulatory policy rate year-on-year, the Bank delivered steady growth in its core earnings.

On: April 29, 2025

In: Banking Sector

Tagged: JS Bank Reports, PKR 2.74 Billion Profit, Regulatory policy rate, The Bank’s coverage

JS Bank Reports PKR 2.74 Billion Profit Before Tax for Q1 2025 KARACHI ( WEB NEWS ) JS Bank, one of the fastest growing banks in Pakistan, has announced its financial results for the first quarter ended March 31, 2025. The Bank reported an unconsolidated Profit Before Tax of PKRRead More →

KMBL successfully concluded its participation PFLW 2025 An annual initiative led by the SBP, PFLW aims to foster financial empowerment and responsible money management.

On: April 26, 2025

In: Banking Sector

Tagged: financial literacy, Khushhali Microfinance Bank, Participation PFLW 2025, State Bank of Pakistan

Khushhali Microfinance Bank Catalyzes Nationwide Financial Empowerment with Successful Conclusion of Pakistan Financial Literacy Week 2025 ISLAMABAD ( WEB NEWS ) Khushhali Microfinance Bank (KMBL) successfully concluded its participation in Pakistan Financial Literacy Week (PFLW) 2025, reaffirming its commitment to raising financial awareness and promoting inclusion across the country. AnRead More →

The Bank Of Punjab growth in operating profit in 1Q’25 The Bank’s NIM witnessed a stellar growth of 76%, reaching Rs. 15.04 billion compared to Rs. 8.55 billion in Q1 2024.

On: April 23, 2025

In: Banking Sector

Tagged: Intensifying competition, operating profit, Rs. 15.04 billion, The Bank of Punjab

THE BANK OF PUNJAB REGISTERED HISTORIC GROWTH IN OPERATING PROFIT IN 1Q’25 OF 353% LAHORE ( WEB NEWS ) In a meeting held on April 22, 2025, the Board of Directors of The Bank of Punjab (BOP) reviewed and approved the un-audited financial statements for the first quarter ended March 31,Read More →

HBL. Farmer Empowerment with Wheat Procurement under ANAAJ Brand We are committed to building an ecosystem that ensures the farmer thrives. Mr Amir Aziz

On: April 17, 2025

In: Banking Sector

Tagged: Exported to China, Farmer Empowerment, HBL Zarai Services, Wheat Procurement

HBL Zarai Services Limited Advances Farmer Empowerment with Wheat Procurement under their ANAAJ Brand ISLAMABAD ( WEB NEWS ) In line with its core mission to empower farmers and transform Pakistan’s agriculture landscape, HBL Zarai Services Limited (HZSL) has launched its wheat procurement initiative under its flagship retail brand ANAAJ,Read More →

Agri Kissan Mela in Kasur – Empowering Farmers, Advancing Finance This grand event brought together over 400 farmers, industry experts and banking sector

On: April 11, 2025

In: Banking Sector

Tagged: Advancing Finance, Agri Kissan Mela, Agricultural community, SBP BSC & BOP

SBP BSC & amp; Bank of Punjab Join Hands for Agri Kissan Mela in Kasur – Empowering Farmers, Advancing Finance LAHORE ( WEB NEWS ) The State Bank of Pakistan (BSC) Lahore in collaboration with Bank of Punjab (BOP) successfully organized the ’Agri Kissan Mela’ held at Kasur, under theRead More →

Meezan Bank and ICAP Partner to Establish Centre for Islamic Finance Meezan Bank, consistently recognized as the Best Islamic Bank by both local and international institutions

On: March 30, 2025

In: Banking Sector

Tagged: ICAP, Islamic Banking and Finance, Meezan Bank, Professional capacity

KARACHI ( WEB NEWS ) Meezan Bank, Pakistan’s leading Islamic bank, and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter of Intent (LOI) to collaborate on establishing a Centre for Islamic Finance. This initiative aims to strengthen the Islamic banking and finance industry by enhancingRead More →

The appointment of Jaffar Shirazi Head of NEOBiz at Mashreq Pakistan. Jaffar will lead and expand Mashreq’s digital banking unit dedicated to SME customers in Pakistan

On: March 26, 2025

In: Banking Sector

Tagged: Appointment Jaffar Shirazi, Digital banking unit, Mashreq Pakistan, SMEs QR payments

KARACHI ( WEB NEWS ) Mashreq Pakistan, part of leading financial institution in the MENA region, Mashreq, is pleased to announce the appointment of Syed Jaffar Abbas Shirazi Head of NEOBiz at Mashreq Pakistan. With this appointment, Mashreq reaffirms its commitment to strengthening its recently launched pilot operations in PakistanRead More →

Meezan Bank and NED University Launch Centre for Islamic Finance and FinTech This partnership will harness the potential of Pakistan’s youth as a driving force in shaping the future of the industry.

On: March 24, 2025

In: Banking Sector

Tagged: Islamic Finance and FinTech, Meezan Bank, NED University, Strategic partnerships

KARACHI ( WEB NEWS ) Meezan Bank, Pakistan’s leading Islamic bank and NED University of Engineering and Technology have signed a landmark Memorandum of Understanding (MoU) to establish the Centre for Islamic Finance and FinTech (CIFFT) at NED University. The MoU was signed by Syed Amir Ali, Deputy CEO –Read More →