Wateen Telecom and Bank of Punjab Partner to Build AI Factory for Next-Generation Banking Transformation
Wateen Telecom and the Bank of Punjab have announced a strategic partnership to co-develop an AI factory aimed at accelerating digital transformation and building secure, scalable and intelligent banking frameworks across Pakistan’s financial sector.
NIBAF Pakistan Completes Training on Islamic Finance Principles for Microfinance Banks
NIBAF Pakistan successfully conducted a two-day training program on Islamic finance principles and their application in microfinance, equipping participants from Microfinance Banks with knowledge to design sustainable Shariah-compliant financial products.
Nouman Aziz Appointed Unit Head – Software Quality Assurance at Askari Bank
Askari Bank appoints Nouman Aziz as Unit Head for Software Quality Assurance, strengthening its digital banking capabilities and emphasizing quality, operational excellence, and enhanced customer experience.
FAST NUCES Islamabad Signs MoU with Askari Bank for Diamond Sponsorship of Soventure 2025
FAST NUCES Islamabad Campus has formalized a partnership with Askari Bank Limited through a Memorandum of Understanding, securing Diamond Sponsorship for Soventure 2025 and reinforcing industry–academia collaboration in technology and innovation.
SBP Injects Rs11 Trillion into Market Through Conventional and Shariah-Compliant OMO Operationsv
The State Bank of Pakistan has injected approximately Rs11 trillion into the financial system via conventional reverse repo and Shariah-compliant Modarabah-based Open Market Operations, strengthening liquidity across banking and Islamic finance channels.
Aurangzeb Vows Comprehensive Action on IMF’s Governance Gaps as Pakistan Prepares Structural Reforms
Pakistan’s finance minister commits to resolving governance and institutional gaps identified by the IMF, as the country prepares for major reforms tied to the next tranche of the Extended Fund Facility.
Faysal Bank Wins Bronze at Qorus Reinvention Awards MEA 2025 for Digital Innovation
Faysal Bank receives the Bronze Award at the Qorus Reinvention Awards MEA 2025 in Dubai, recognized for its innovative Faysal Digibank app featuring AI enhancements, hyper-personalization, and next-gen digital banking services.
LOLC Microfinance Bank Teams Up with PTCL for Scalable Digital Expansion
LOLC Microfinance Bank partners with PTCL to leverage PTCL Smart Cloud services, enabling scalable, secure digital infrastructure to support expanding microfinance operations across Pakistan.
State Bank Of Pakistan Raises Rs778 Billion Through MTBs And 10-Year PIB-FRB
SBP successfully raises Rs777.69 billion through Market Treasury Bills and 10-year Pakistan Investment Bond-FRB, with strong participation across all tenors and stable yields indicating improved market sentiment.
Bank of Punjab And InfraZamin Pakistan Sign MoU To Strengthen Agricultural Warehousing Financing
The Bank of Punjab and InfraZamin Pakistan have signed an MoU to enhance Pakistan’s agricultural warehousing ecosystem through credit guarantee-backed financing, boosting private investment and storage infrastructure.