Bank deposits hit Rs37.4trn mark Published 30 Jan, 2026 05:20am KARACHI: Deposits of the banking sector recorded a second highest growth of 23.6 percent during the last calendar...
Pakistan’s banking sector ADR rebounds to nearly 40% in December 2025 Published 29 Jan, 2026 12:46pm The banking sector’s gross Advance-to-Deposit Ratio (ADR) reversed its downward trajectory, clocking in at nearly...
SBP mid-year review: Pakistan banking sector remains resilient during Jan-Jun 2025 Published 10 Sep, 2025 10:49pm Asset base of banking sector expands by 11% during Jan-Jun 2025, central bank reports
Pakistan banking sector backs federal budget for FY2025-26 Published 25 Jun, 2025 06:18pm ISLAMABAD: The Pakistan Banks Association (PBA) has expressed full support for the federal budget 2025–26,...
Pakistan’s banking sector deserves a fairer narrative Published 08 May, 2025 06:50am In a country gripped by chronic revenue shortfalls and economic instability, one sector quietly shoulders more than...
SBP grants license to Wemsol for commercial operational launch Updated 25 Feb, 2025 08:57pm The State Bank of Pakistan (SBP) has given a license to Wemsol Private Limited to commence commercial operations as...
Allied Bank posts Rs44.4bn profit in 2024 Updated 04 Feb, 2025 08:31pm Allied Bank (ABL) posted a profit-after-tax of Rs44.4 billion ($159.4 million) in 2024, a growth of over 7% more...
Bank Alfalah reports Rs39.9bn profit in 2024 Updated 30 Jan, 2025 05:20pm Bank Alfalah saw its consolidated profit jump to Rs39.9 billion during 2024, which is over 10% higher than its...
Changes in banking sector’s ADR: Cabinet approves promulgation of tax ordinance Updated 28 Dec, 2024 05:54pm ISLAMABAD: The federal cabinet has granted approval to promulgation of an Income Tax Ordinance for bringing changes...
Aurangzeb says Pakistan economy’s issues have been addressed Updated 12 Dec, 2024 10:35pm In address at Islamic capital markets conference, finance minister says country committed towards raising infrastructure finance through Shariah-compliant bonds
MCB Bank appoints Nauman Chughtai as President & CEO Updated 11 Dec, 2024 10:58pm The Board of Directors (BoD) of MCB Bank, one of Pakistan’s largest commercial banks, has appointed Muhammad Nauman...
Banking sector’s ADR climbs to nearly 48% as of Nov 29 Updated 11 Dec, 2024 11:01pm The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its upward trajectory, hitting nearly 48% as of...
ADR race: calm down your horses Updated 05 Dec, 2024 10:46am The ADR race is now close to the finish line. After reaching a bottom of 37 percent in September 2024, the banking...
Another significant cut in key policy rate expected as inflation eases Updated 03 Dec, 2024 10:56pm SBP has eased its monetary stance since June 2024, cumulatively reducing key interest rate by 700bps MPC is next scheduled to meet on December 16
One for 325: UBL board approves merger with Silkbank via share swap Updated 03 Dec, 2024 05:10pm United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has approved the amalgamation of Silkbank...
Bank Makramah’s board approves restructuring scheme Updated 28 Nov, 2024 05:27pm Net assets to increase by Rs29.39bn, says BML
Credit concentration: identifying the worst offenders Updated 28 Nov, 2024 11:23am Pakistan’s banking sector faces a systemic issue of credit concentration, where a significant portion of bank loans...
BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation Updated 15 Nov, 2024 04:42pm The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to...
Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment Updated 14 Nov, 2024 10:59pm Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of...
SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank Updated 12 Nov, 2024 06:16pm The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial...
Saudi National Bank terminates plan to divest stake in Samba Pakistan Updated 12 Nov, 2024 10:46pm Saudi National Bank (SNB) has terminated the process for the sale of its equity stake in Samba Pakistan. The...
Silkbank’s board grants in-principle approval for UBL merger Published 06 Nov, 2024 02:45pm The Board of Directors (BoD) of Silkbank Limited have granted their in-principle approval for a potential merger...
1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY Updated 30 Aug, 2024 04:18pm KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the...
Moody’s upgrades Pakistan’s ratings to Caa2, outlook now positive Updated 28 Aug, 2024 08:04pm Upgrade reflects Pakistan’s improving macroeconomic conditions, says Moody's Expects IMF to approve the EFF in the next few weeks
Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Updated 28 Aug, 2024 04:58pm Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%...
Standard Chartered Pakistan’s profit marginally up YoY in 2QCY24 Published 27 Aug, 2024 03:30pm Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of...
JS Bank records 678% jump in consolidated profit in 2QCY24 Published 27 Aug, 2024 01:14pm JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over...
HBL banks on investment Published 27 Aug, 2024 06:55am Pakistan’s largest commercial bank, HBL continued its merry way of raking in another quarter of stellar profits,...
Bangladesh operations: Bank Alfalah receives non-binding offer from Sri Lanka’s Hattan National Bank Published 26 Aug, 2024 03:55pm Hattan National Bank (HNB), a private-sector commercial bank in Sri Lanka, has made a non-binding offer to acquire...
Allied Bank’s profit jumps 25% in 2QCY24 Published 21 Aug, 2024 02:04pm Despite marginally lower net income, Allied Bank (ABL) posted a profit-after-tax of Rs12.47 billion in quarter ended...