Mobilink Bank Wins Multiple Awards at VEON Ignite 2024, Highlighting Commitment to Financial Inclusion and Diversity
Mobilink Bank, a leading digital microfinance institution in Pakistan, received significant recognition at VEON Ignite 2024, an annual summit that…
BankIslami Promotes Riba-Free Banking to Unite Pakistan’s Diverse Communities
BankIslami, one of Pakistan’s premier Islamic financial institutions, has launched a bold initiative aimed at promoting riba-free (interest-free) banking across…
SBP Governor Advocates for Boosting Credit to Climate-Resilient Projects for Sustainable Growth
In a recent address, the Governor of the State Bank of Pakistan (SBP) emphasized the critical need to increase credit…
Pakistani Rupee Softens by 6 Paisas Amid Rising Dollar Demand
On November 7, 2024, the Pakistani rupee slipped slightly against the U.S. dollar, weakening by 6 paisas to close at…
Silkbank’s Board Grants In-Principle Approval for Potential Merger with United Bank Limited
Silkbank Limited (PSX: SILK) announced a significant development on November 6, 2024, with its Board of Directors granting in-principle approval…
Farrukh H. Sabzwari Appointed CEO of Pakistan Stock Exchange
The Securities and Exchange Commission of Pakistan (SECP) has officially appointed Farrukh H. Sabzwari as the new Chief Executive Officer…
Meezan Bank Partners with ITFC to Bolster Private Sector Trade Support
Meezan Bank, Pakistan’s leading Islamic financial institution, has entered into a groundbreaking agreement with the International Islamic Trade Finance Corporation…
SBP Approves In-Principle and Pilot Operations for EMIs and PSOs/PSPs
The State Bank of Pakistan (SBP) has granted in-principle approval to M/s Toko Lab Private Limited and M/s Accept Technologies…
InfraZamin and Sunridge Foods Launch PKR 2 Billion Agri-Infrastructure Sukuk to Boost Sustainable Food Production in Pakistan
InfraZamin Pakistan has announced a new strategic partnership with Sunridge Foods Limited, a subsidiary of Unity Foods Limited, to issue…
Pakistani Rupee Slightly Weakens to PKR 277.79 Amid Start-of-Week Dollar Demand
The Pakistani rupee experienced a minor dip against the US dollar at the start of the trading week, reaching PKR…