SECP Clears Pak-Qatar General Takaful IPO as First Dedicated General Takaful Listing on PSX
SECP approves the IPO prospectus of Pak-Qatar General Takaful Limited for issuance of 30 million shares, marking the first dedicated General Takaful company to be listed on PSX.
Bank Alfalah Gets SBP, Afghan Central Bank Approval to Advance Sale of Afghanistan Business
Bank Alfalah Limited receives in-principle approvals from SBP and the Central Bank of Afghanistan, allowing Ghazanfar Bank to begin due diligence for the acquisition of its Afghanistan operations.
SECP Officials Paid Rs90 Million in Final Settlements Despite Senate Committee Instructions
Outgoing SECP chairman and two commissioners reportedly received Rs90 million in final settlements despite Senate Standing Committee instructions to withhold payments pending PAC review.
Pakistan’s Private Sector Borrowing Drops 79% in 1HFY26 Despite Lower Interest Rates
Private sector borrowing from commercial banks declined by 79% during July–December FY26, SBP data shows, highlighting weak credit demand despite aggressive monetary easing.
UBL Becomes Pakistan’s Largest Listed Company After Strong Rally at PSX
United Bank Limited becomes Pakistan’s largest listed company as its market capitalization reaches Rs. 1.29 trillion, driven by a sharp rise in share price and strong earnings performance.
NIBAF Pakistan Conducts Governance and Regulatory Session for Exchange Business Board Members
NIBAF Pakistan organized a specialized learning session on board responsibilities and the regulatory environment of exchange businesses, led by former SBP Executive Director Syed Irfan Ali.
PBA and SBP Conduct Pakistan’s First Industry-Wide Cyber Drill to Boost Cyber Resilience
Pakistan Banks’ Association, in collaboration with the State Bank of Pakistan, launches the country’s first industry-wide cyber security drill to enhance cyber resilience across financial institutions.
DAZTECH Completes Oracle Exadata Project for Askari Bank, Boosting Banking IT Infrastructure
DAZTECH announces the successful implementation of Oracle Exadata Engineered Systems for Askari Bank, enhancing performance, scalability, and security in banking IT infrastructure.
UBL Ameen Appoints Chaudhry Qaiser Iqbal as Group Head Branch Banking – Northern Punjab
UBL Ameen has elevated Chaudhry Qaiser Iqbal to Group Head Branch Banking for the Northern Punjab Cluster, highlighting confidence in his leadership and expertise in Islamic banking operations.
Pakistan’s Domestic Debt Hits Rs54.82 Trillion in November 2025, SBP Data Shows
Pakistan’s total domestic debt and liabilities rose 12.12% YoY to Rs54.82 trillion in November 2025, driven by growth in permanent debt, federal bonds, and savings schemes, according to SBP data.