Mashreq Pakistan Taps PTCL for Data Center Expertise in Digital Banking Push
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a subsidiary of the leading MENA financial institution Mashreq, have signed an…
Pakistan Banks Eye Boost for SMEs, Tech, Agriculture with New Initiatives
Pakistan’s banking sector is revving up to support key growth areas with the Pakistan Banks’ Association (PBA) outlining a set…
SBP Grants Bank Alfalah Approval for Samba Bank Due Diligence
Bank Alfalah Limited (BAFL) has received approval from the State Bank of Pakistan (SBP) to begin due diligence on Samba…
Pakistan’s Banking Deposits Surge to Rs. 28.4 Trillion in April 2024
Recent data released by the State Bank of Pakistan (SBP) highlights significant growth in banking deposits and investments, with a…
MCB Islamic Bank Partners with Techlogix for Oracle Flexcube Upgrade
MCB Islamic Bank has announced a strategic partnership with Techlogix (Private) Limited to upgrade its Oracle Flexcube Core Banking system.…
National Bank of Pakistan Partners with TouchPoint to Enhance ATM Network Efficiency
The National Bank of Pakistan (NBP) has formed a strategic partnership with TouchPoint, a leading provider of self-service solutions, to…
SBP Grants In-Principle Approval for Bank Alfalah’s Bangladesh Operations Sale
Bank Alfalah Limited (BAFL) has received in-principle approval from the State Bank of Pakistan (SBP) to facilitate Bank Asia Limited…
Meezan Bank Achieves Pakistan’s First PCI 3DS Certification
Risk Associates, Pakistan’s foremost PCI Qualified Security Assessor (QSA), has officially certified Meezan Bank as compliant with the PCI 3DS…
SBP Foreign Reserves Stabilize Above $9 Billion Amid Modest Increase
The State Bank of Pakistan (SBP) reported a $15 million increase in foreign exchange reserves for the week ending May…
National Bank of Pakistan Added to MSCI FM Index, Boosting Pakistani Market
Morgan Stanley Capital International (MSCI), a leading investment research firm and stock market index provider, included the National Bank of…