Digitt+ and U Bank Partner for PKR 10 Billion Boost to Pakistan’s Agri-Fintech
U Microfinance Bank and Digitt+, a leading player in agri-fintech, have announced a groundbreaking PKR 10 billion partnership. This collaboration…
Banks and Stock Exchange to Close on May 1st for Labour Day
The State Bank of Pakistan (SBP) has declared that it will be closed on Wednesday, 1st May 2024, in observance…
Pakistan’s Central Bank Maintains Interest Rate at 22% Amid Inflation Concerns
Pakistan’s central bank, the Monetary Policy Committee (MPC), opted to hold its key interest rate steady at 22% today. This…
TPL Corp and Abhi Partner for Joint Acquisition of FINCA Microfinance Bank
TPL Corp Limited (PSX: TPL) and Abhi (Private) Limited are set to submit a binding offer to acquire a majority…
Ghazanfar Azzam Resigns as CEO of Mobilink Bank After 12 Years of Leadership
After 12 years of dedicated service, Ghazanfar Azzam has announced his decision to step down as the President and CEO…
Standard Chartered Pakistan Q1 Soars: Profit Before Tax Up 53%
Standard Chartered Bank Pakistan Limited (SCBPL) reported a strong Q1 2024, showcasing significant growth across financial metrics. Profit before tax…
Pakistan on High Alert: ADB Warns of Worsening Floods, Pushes for Climate Action
The Asian Development Bank (ADB) issued a stern warning to Pakistan, highlighting the escalating threats of climate change, particularly an…
Governor SBP Highlights Economic Recovery at ICMA Pakistan Convocation
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, addressed the Members Convocation of ICMA Pakistan at a local hotel…
Faysal Bank Sees 103% Profit Surge in Q1 2024
Faysal Bank Limited (FBL) has reported an impressive growth of over 103% in profits during the first quarter of 2024,…
SBP to Announce Key Monetary Policy Decision on Monday
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to convene next week on Monday…