Mobilink Bank has signed a Share Purchase Agreement to acquire a majority stake in Apna Microfinance Bank, aiming to expand digital banking, Islamic financial services and financial inclusion across Pakistan.
Pakistan directs the State Bank to prepare a Raast QR Merchant Discount Rate scheme as digital payment merchants increase fourfold to 2.03 million under the Cashless Pakistan initiative.
Pakistan serviced $5.63 billion in external debt during July-September FY27, including $4.53 billion in principal repayments and $1.10 billion in interest payments, according to State Bank data.
Askari Bank has signed an MoU with the Land Information and Management System to provide agricultural borrowers with digital advisory services through the LIMS Farmer App, supporting farm productivity and better agricultural management.
The State Bank of Pakistan is inviting financial institutions, fintechs, researchers and industry professionals to discuss the Draft Open Banking Regulations 2026 and submit feedback by November 30.
United Insurance Company has approved the sale of its entire shareholding in Apna Microfinance Bank to Mobilink Microfinance Bank, subject to regulatory, corporate and third-party approvals.
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