Bank AL Habib Board Approves Talks to Make AHCML a Wholly Owned Subsidiary
Bank AL Habib’s board has approved entering negotiations to acquire an additional 33.33% stake in AL Habib Capital Markets, subject to regulatory approvals.
Bank AL Habib’s board has approved entering negotiations to acquire an additional 33.33% stake in AL Habib Capital Markets, subject to regulatory approvals.
Samba Bank reports a 47.5% increase in half-year profit to Rs273.67 million, supported by a reversal in credit loss provisions despite weaker core banking income.
IFC and Bank Alfalah have signed Pakistan’s first Diversified Payment Rights agreement, with an initial transaction targeting up to $100 million in foreign currency financing.
Bank AL Habib reports a 22.1% decline in half-year profit to Rs15.41 billion, while non-markup income rises 20% and operating expenses increase 16.1%.
More than 13,260 Hajj pilgrims have deposited over Rs8.7 billion through the Hajj Digital Portal using bank cards, OneLink PSID and digital challans for Hajj 2027.
SBP recommends integrating urban agriculture into Pakistan’s city planning to improve food security, reduce urban heat, recycle waste and support greener urban economies.
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Pakistani freelancers generated $175.439 million in export receipts…