NIBAF Develops Draft Data Archiving and Retention Policy for SECP, Marking a Major Step in National Data Governance
NIBAF Pakistan has completed the draft Data Archiving and Retention Policy for SECP, concluding a multi-month collaboration focused on strengthening data governance and modernizing institutional data management practices.
Bank Alfalah Launches Alfa Business Merchant Payment Solutions To Drive Cashless Economy
Bank Alfalah introduces Alfa Business – Merchants Payment Solutions to digitise transactions for merchants across Pakistan, offering QR payments, digital khatas, instant financing, and on-the-spot account services.
Finance Minister Pushes for Accelerated Data Integration in FBR’s Tax Automation Drive
Finance Minister Muhammad Aurangzeb emphasizes faster data integration and system automation in the Federal Board of Revenue’s digital transformation, aiming to strengthen tax compliance and expand Pakistan’s revenue base.
ICBC Pakistan Marks a Decade of Driving Renminbi Adoption and Strengthening Financial Ties with China
ICBC Pakistan celebrates ten years of facilitating Renminbi transactions, enhancing cross-border trade with China, and shaping Pakistan’s financial infrastructure to support RMB adoption and market development.
PSX Expands Shariah-Compliant Universe with 35 Additions in KMI All Share Islamic Index
Pakistan Stock Exchange updates its PSX-KMI All Share Islamic Index, adding 35 Shariah-compliant companies and removing 12, reflecting semiannual rebalancing and impacting Islamic equity portfolios across the market.
Dutch Bank ABN Amro Announces 5,200 Job Cuts and Strategic Restructuring by 2028
ABN Amro revealed plans to cut 5,200 jobs by 2028, divest its personal loan business Alfam, and refocus on core banking operations as part of a strategic roadmap aimed at improving efficiency, capital strength, and shareholder returns.
KSE-100 Suffers 292-Point Decline as PSX Endures a Volatile Trading Day
The Pakistan Stock Exchange saw a turbulent session as the KSE-100 Index dropped 292 points amid weak investor sentiment, futures rollover pressure, and fluctuating intraday movements.
NIBAF Pakistan conducts 2-Day Women in Leadership Training to empower female professionals in the financial sector with strategic decision-making and leadership skills
NIBAF Pakistan hosts a two-day Women in Leadership program at its Islamabad campus, providing female banking professionals with strategic empowerment, leadership development, and insights from industry leaders to strengthen their role in the financial sector.
Pakistan Explores New Digital Development Partnerships as IT Minister Meets Islamic Development Bank
Federal IT Minister Shaza Fatima Khawaja met with the Islamic Development Bank to discuss collaborative opportunities aimed at accelerating Pakistan’s digital development, strengthening connectivity, and supporting technology-driven economic growth.
Government Unveils Wide-Ranging Economic Reforms to Stabilise Markets and Strengthen Growth Outlook
The federal government introduces major policy measures targeting export competitiveness, energy pricing, development spending, and SOE governance, aiming to revive economic momentum and enhance institutional efficiency.