State Bank of Pakistan Seeks Public Input on Revamped Prudential Regulations for SME Financing
The State Bank of Pakistan has released a draft of revised Prudential Regulations for SME financing, inviting public consultation to enhance financial inclusion, support fintech integration, and improve access to credit for small and medium enterprises.
Pakistan Banking Summit Reunites Thought Leaders to Address Global Shifts and Strategic Direction
Top banking and policy leaders gathered at a follow-up session of the Pakistan Banking Summit with Dr. Salman Ahmed from Fidelity International to discuss Pakistan’s strategic response to shifting global dynamics, focusing on hard power and geo-economic trends.
Zindigi and LDA Launch Major Plantation Drive in Lahore to Foster Environmental Sustainability
Zindigi by JS Bank, in collaboration with the Lahore Development Authority, has launched a major plantation drive in Lahore on World Environment Day, promoting climate resilience and environmental sustainability through a large-scale public-private initiative.
Pakistan Accelerates Towards Regulated Digital Asset Landscape
Pakistan’s Finance Division, in collaboration with the Pakistan Crypto Council and key regulatory bodies, is fast-tracking the development of a comprehensive legal framework for digital and virtual assets. This initiative aims to establish clear governance, licensing protocols, and robust investor protections, aligning the nation with international best practices in the burgeoning digital economy.
Faysal Bank Empowers Future Female Leaders with Khud Mukhtar Internship Programme in Karachi
Faysal Bank launches the Karachi chapter of its Khud Mukhtar Internship Programme in partnership with Circle Women Association, training underserved women for careers in banking and corporate roles under the State Bank’s Banking on Equality initiative.
Bank Alfalah, IBA, and PAQI Launch Karachi Emissions Report on World Environment Day to Tackle Air Pollution
On World Environment Day, Bank Alfalah, in partnership with PAQI and IBA’s Karachi Urban Lab, unveiled the Karachi Emissions Inventory report, offering a scientific roadmap to improve air quality in Karachi through data-driven policies and green financing initiatives.
PSX Suspends Trading of Eight Companies Over Regulatory Non-Compliance
The Pakistan Stock Exchange has suspended trading in shares of eight listed companies due to multiple regulatory breaches, including failure to hold AGMs, submit audited accounts, pay dues, and comply with CDS requirements.
HBL Manufacturing PMI Drops to 8-Month Low in May Amid Geopolitical Disruptions and Supply Chain Pressures
Pakistan’s manufacturing sector saw a slowdown in May as HBL’s Manufacturing PMI dropped to 51.1, its lowest in eight months, due to geopolitical tensions and supply chain disruptions, despite growing optimism for future output.
KSE-100 Crosses 121,000 as PSX Hits All-Time High Amid IMF Optimism and Budget Hopes
The Pakistan Stock Exchange hit a new record high as the KSE-100 Index surged past 121,000 points, driven by optimism around IMF negotiations, upcoming budget expectations, and regional market momentum.
Bank AL Habib Launches Pakistan’s First AI-Powered Contact Center Ecosystem in Strategic Alliance with C Square and wAI Industries
Bank AL Habib partners with C Square and wAI Industries to launch Pakistan’s first AI-powered contact center ecosystem, integrating Genesys Engage and Alara AI to redefine customer experience in digital banking.