Governor SBP Highlights Economic Recovery at ICMA Pakistan Convocation
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, addressed the Members Convocation of ICMA Pakistan at a local hotel…
Faysal Bank Sees 103% Profit Surge in Q1 2024
Faysal Bank Limited (FBL) has reported an impressive growth of over 103% in profits during the first quarter of 2024,…
SBP to Announce Key Monetary Policy Decision on Monday
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to convene next week on Monday…
MCB Islamic Bank Soars in Q1 2024 with 56% Profit Jump
MCB Islamic Bank reported a stellar first quarter of 2024, boasting a 56% surge in profit before tax (PBT) to…
Pakistan’s Bad Loans Breach Rs. 1 Trillion Mark in 2023 as High-Interest Rates Bite
A recent State Bank of Pakistan (SBP) report reveals a troubling trend: a significant rise in non-performing loans (NPLs) within…
MCB Bank Announces Conversion of 39 Branches to Islamic Banking Entities
MCB Bank Limited (PSX: MCB) announced a significant expansion of its Islamic banking presence through a Scheme of Compromises, Arrangements,…
Bank Alfalah Delivers Strong Q1 2024 with Rs. 9.91 Billion Profit and Record Deposit Growth
Bank Alfalah Limited (BAFL) reported robust financial results for the quarter ending March 31, 2024, defying challenging market conditions. The…
Allied Bank Reports 51% Profit Growth in Q1 2024
Allied Bank Limited (PSX: ABL) released its earnings report for the first quarter of CY24 today, revealing a Profit After…
Meezan Bank Soars 65% YoY in Q1 Profit, Announces Cash Dividend
Meezan Bank (PSX: MEBL) reported a stellar first quarter (Q1) of 2024, boasting a remarkable 65% year-over-year (YoY) surge in…
Standard Chartered Pakistan Soars on Strong Financials, Explains Recent Stock Surge
Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) addressed the recent surge in its share price, attributing it to the bank’s…