Listed Banks Post Rs168 Billion Profit In Second Quarter Of 2026
Pakistan’s listed banks reported combined profit of Rs168 billion in the second quarter of 2026, while first half earnings reached Rs342 billion amid weaker net interest income and rising operating expenses.
Bank Of Punjab Profit Surges 44% To Rs9.37 Billion In First Half Of 2026
Bank of Punjab reported a 44% rise in consolidated profit after tax to Rs9.37 billion for the first half of 2026, supported by stronger net mark-up income, higher fee and foreign exchange income, and lower credit loss charges.
Lucky Cement Consortium Submits EOI, Cleared For FESCO Due Diligence
A consortium led by Lucky Cement, with Hub Power Holdings, Kohat Cement and Metro Ventures, has been pre-qualified to conduct financial, technical and legal due diligence on FESCO as part of the government’s privatisation process.
Bank Makramah Reports Rs4.68 Billion Loss In First Half Of 2026
Bank Makramah Limited reported a net loss of Rs4.68 billion in the first half of 2026, compared with a restated profit of Rs704.47 million a year earlier, amid weaker mark-up income and non-mark-up revenue.
SBP Injects Rs12.24 Trillion Into Financial System Through Open Market Operations
The State Bank of Pakistan injected Rs12.2408 trillion into the financial system through conventional and Shariah compliant open market operations to manage market liquidity.
Minister Bilal Azhar Kayani Briefs Exporters on Budget Relief and Export Facilitation
Minister Bilal Azhar Kayani met Pakistan’s major trade bodies in Karachi to discuss budget tax relief, Export Facilitation Committees and measures to support exporters.
Pakistan Retires Record Rs1.2 Trillion Debt Early as Government Steps Up Liability Management
Pakistan’s Ministry of Finance has repaid Rs1.2 trillion to the State Bank of Pakistan ahead of maturity, taking cumulative early domestic debt repayments above Rs5.92 trillion.
Pakistan’s Broad Money Contracts Rs2.63 Trillion In Early FY2027 Amid Seasonal Monetary Trends
Pakistan’s broad money supply contracted by Rs2.63 trillion between July 1 and August 14 of FY2027, while government and private sector credit recorded seasonal retirements and the stock market remained under pressure in July.
Government, PSO Review Measures To Strengthen Fuel Security And Strategic Reserves
Petroleum Minister Ali Pervaiz Malik reviewed measures with Pakistan State Oil to strengthen fuel security through international procurement, supply diversification, storage expansion, digitisation and retail modernisation.
CPEC Secretariat Endorses $3.5 Billion Falcon Oils Refinery In Sindh
The CPEC Secretariat has endorsed Falcon Oils’ proposed $3.5 billion refinery and storage complex in Dhabeji, Sindh, clearing the way for the project to move before the Joint Working Group on Industrial Cooperation.