NIBAF Delivers Three-Week Compliance Program for Askari Bank Officers to Enhance AML and CFT Expertise
NIBAF successfully completed a three-week specialized compliance training for Askari Bank officers in Islamabad, focusing on AML, CFT, regulatory compliance, and global standards.
NIBAF Strengthens Islamic Banking Skills Through Certification Program for Bank Alfalah
NIBAF successfully conducted an Islamic Banking Certification Program for Bank Alfalah officers in Karachi, led by Mufti Muhammad Najeeb Khan, reinforcing expertise and collaboration in Islamic finance.
VIS Raises Faysal Bank’s Credit Ratings to ‘AA+’, Citing Robust Islamic Banking and Financial Strength
VIS Credit Rating Company upgrades Faysal Bank’s ratings to ‘AA+/A1+’, highlighting strong Islamic banking growth, digital strategy, asset quality, and a stable financial outlook.
SECP Proposes Faster Approvals for Right and Bonus Shares to Boost Corporate Efficiency
The SECP has proposed sweeping changes to speed up approvals for right and bonus share issuances in Pakistan, aiming to streamline corporate processes and strengthen market transparency.
Bank Makramah Advances Recapitalization with PKR 50 Billion Boost from Sponsor Support and Asset Strategy
Bank Makramah Limited ramps up recapitalization through PKR 15 billion sponsor injections, PKR 12 billion asset sale, and major loan recoveries, strengthening its position in Pakistan’s banking landscape.
PSX Hits Fresh Record as KSE-100 Gains Over 340 Points Despite Market Volatility
The Pakistan Stock Exchange’s KSE-100 index surged over 340 points to close at a fresh record of 130,686 despite intraday volatility, with mixed contributions from key banking and energy stocks.
WB Rates Punjab Green Development Project as ‘Moderately Satisfactory’, Revises Closure to 2025
The World Bank has rated the Punjab Green Development Programme as ‘moderately satisfactory,’ highlighting partial progress on green investments, with the project now extended to close in November 2025.
SBP Plans Easier Digital Payment Options for Traders to Expand Cashless Transactions
The State Bank of Pakistan is working on easing digital payment systems for traders to drive cashless transactions, aiming to increase mobile users, QR merchants, and total digital payments under its broader digital economy strategy.
Searle Appoints Tahir Ahmed as New CEO, Strengthening Executive Bench
The Searle Company has appointed Tahir Ahmed as its new CEO effective July 1, 2025, succeeding Syed Nadeem Ahmed, who moves to an advisory role while remaining on the board.
Bank of Khyber’s Record Growth Highlights KP Government’s Vision and Transparent Leadership
The Bank of Khyber posts record share growth and upgraded credit rating, reflecting the KP government’s integrity-driven approach and modern banking reforms under Chairman Ikramullah and MD Hassan Raza.