Silkbank Faces Major Financial Struggles as Auditors Highlight Uncertainty Over Its Future
March 5, 2025 — Silkbank Limited is grappling with mounting financial uncertainty, according to the recent report from Grant Thornton…
NBP Announces Updated Foreign Exchange Rates for March 2025
March 05, 2025 (MLN): The Treasury Management Division of the National Bank of Pakistan (NBP) has issued the latest foreign…
PayFast Partners with Pakistan State Oil to Enhance Digital Payments on VIBE App
In a significant development for Pakistan’s digital payments landscape, PayFast has announced a strategic partnership with Pakistan State Oil (PSO)…
FBR Forms Four-Member Committee to Operationalize International Center for Tax Excellence
The Federal Board of Revenue (FBR) has officially formed a four-member committee to oversee the establishment and operationalization of the…
Top 10 Most Profitable Banks in Pakistan for 2024 Revealed
Pakistan’s banking sector has shown resilience and remarkable growth despite facing fluctuating policy rates and challenges in the market. In…
Khushhali Microfinance Bank Expands into Islamic Banking to Align with SBP’s Vision 2028
Khushhali Microfinance Bank Limited (KMBL) has announced its plans to launch Islamic banking services, marking a pivotal step toward expanding…
NBP to Shut Down Branches in Kyrgyzstan, Azerbaijan, and Kazakhstan as Part of Restructuring Strategy
The National Bank of Pakistan (NBP) has announced plans to shut down its operations in the capitals of three Central…
Payoneer and Meezan Bank Launch International Payment System to Empower Pakistani SMBs
In a groundbreaking partnership aimed at enhancing cross-border payments for Pakistani small and medium-sized businesses (SMBs), Payoneer (NASDAQ: PAYO), a…
PSX Drops 490 Points Amidst Mixed Investor Sentiment as Ramadan Period Continues
The Pakistan Stock Exchange (PSX) experienced a lackluster session on Wednesday, March 5, 2025, with the 100-Index ending the day…
Mashreq Pakistan and Mastercard Forge Strategic Partnership to Launch Digital Bank
Mashreq Pakistan has announced an exciting new partnership with global payments technology company, Mastercard, in a move that is set…