MCB Islamic Bank Soars in Q1 2024 with 56% Profit Jump
MCB Islamic Bank reported a stellar first quarter of 2024, boasting a 56% surge in profit before tax (PBT) to…
Pakistan’s Bad Loans Breach Rs. 1 Trillion Mark in 2023 as High-Interest Rates Bite
A recent State Bank of Pakistan (SBP) report reveals a troubling trend: a significant rise in non-performing loans (NPLs) within…
MCB Bank Announces Conversion of 39 Branches to Islamic Banking Entities
MCB Bank Limited (PSX: MCB) announced a significant expansion of its Islamic banking presence through a Scheme of Compromises, Arrangements,…
Bank Alfalah Delivers Strong Q1 2024 with Rs. 9.91 Billion Profit and Record Deposit Growth
Bank Alfalah Limited (BAFL) reported robust financial results for the quarter ending March 31, 2024, defying challenging market conditions. The…
Allied Bank Reports 51% Profit Growth in Q1 2024
Allied Bank Limited (PSX: ABL) released its earnings report for the first quarter of CY24 today, revealing a Profit After…
Meezan Bank Soars 65% YoY in Q1 Profit, Announces Cash Dividend
Meezan Bank (PSX: MEBL) reported a stellar first quarter (Q1) of 2024, boasting a remarkable 65% year-over-year (YoY) surge in…
Standard Chartered Pakistan Soars on Strong Financials, Explains Recent Stock Surge
Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) addressed the recent surge in its share price, attributing it to the bank’s…
HBL Soars in Q1 2024 with 40% Profit Jump and Rs. 15 Billion Profit After Tax
Habib Bank Limited (HBL) announced impressive financial results for the first quarter of 2024, highlighting robust growth and a strong…
PSX Probes Unusual Share Price Movements in 4 Listed Companies
The Pakistan Stock Exchange (PSX) is looking into unusual share price movements for four listed companies: Dewan Farooque Motors Limited…
Mobilink Bank Plants 5,000 Trees Nationwide in Fight Against Climate Change
Mobilink Bank, Pakistan’s leading digital microfinance institution, took a significant step towards environmental protection with a nationwide plantation drive. Teams…