Muhammad Nasir Shahid Appointed Senior Manager – MIS & Analytics at Khushhali Microfinance Bank
Muhammad Nasir Shahid has been elevated to Senior Manager – MIS & Analytics at Khushhali Microfinance Bank, bringing over 20 years of microfinance experience and a strong focus on data-driven decision-making, operational efficiency, and innovation across Pakistan’s financial ecosystem.
SBP Announces Rs200 Billion PFL Buyback Auction to Manage Liquidity and Debt
The State Bank of Pakistan will conduct a Rs200 billion buyback auction of floating-rate Pakistan Investment Bonds to enhance liquidity, stabilize the debt market, and optimize government debt management.
Sindh Bank Reports Rs 2.5 Billion Pre-Tax Profit in Nine Months, Achieves Record Growth in Deposits and Advances
Sindh Bank posts a pre-tax profit of Rs 2.5 billion in nine months, marking significant growth in operating income, deposits, and advances, highlighting resilience and strong financial performance.
Mobilink Bank Secures Best Digital Banking Services (Microfinance) Award for Third Consecutive Year at CFA Awards 2024
Mobilink Bank earns the Best Digital Banking Services (Microfinance) award for the third consecutive year at the CFA Awards 2024, reaffirming its leadership in digital financial innovation and technology-driven inclusion across Pakistan.
UBL Honored as Best Corporate Finance House of the Year 2024 – Fixed Income by CFA Society Pakistan
United Bank Limited secures the Best Corporate Finance House of the Year 2024 – Fixed Income award from CFA Society Pakistan, reflecting its leadership in fixed-income strategy, market expertise, and financial sector innovation.
China Reaffirms Pakistan as Strategic Partner for Modernization, CPEC 2.0 to Drive Economic Transformation
China highlights Pakistan as a priority partner under its 15th Five-Year Plan, focusing on CPEC 2.0, digital economy, AI, and sustainable development to strengthen bilateral ties and modernization efforts.
United Bank Limited Strengthens Digital Ambitions with Appointment of Khurram Mumtaz as Chief Digital Officer
United Bank Limited appoints Khurram Mumtaz as its new Chief Digital Officer and Head of Transaction Banking/Corporate Solutions, reinforcing the bank’s commitment to digital transformation, corporate innovation, and advanced financial technologies across Pakistan.
SBP Mandates Digital Onboarding of SMEs via Video KYC and GPS to Boost Financial Inclusion
The State Bank of Pakistan directs banks to digitally onboard SMEs using video calls, GPS, and alternative data sources to streamline credit processes and enhance financial inclusion.
SBP Updates Governance Rules, Permits Bank Board Members to Serve on Subsidiary Exchange Company Boards
The State Bank of Pakistan has amended its Corporate Governance Regulatory Framework to permit bank board members to also serve on the boards of their wholly-owned exchange companies, strengthening oversight and institutional alignment.
NIBAF Pakistan Conducts Specialized Training on Trade-Based Money Laundering for Bank Alfalah Professionals
NIBAF Pakistan organized a one-day customized training program on Trade-Based Money Laundering (TBML) for Bank Alfalah staff, focusing on risk identification, regulatory compliance, and mitigation strategies.