UBL Achieves Record Quarterly Profit with Rs. 18.3 Billion in 3Q2024
United Bank Limited (UBL) has reported its highest-ever quarterly profit in the third quarter of 2024 (3Q2024), posting earnings of…
UBL Reports Record Profit of Rs 18.3 Billion in 3Q2024, Reflecting Strong Growth Momentum
Karachi, October 23, 2024 – United Bank Limited (UBL) has reported its highest-ever quarterly earnings, posting an impressive profit of…
Fatima Fertilizer and ZTBL Forge Partnership to Boost Financial Inclusion for Smallholder Farmers
Fatima Fertilizer Company Limited and Zarai Taraqiati Bank Limited (ZTBL) have signed an industry-first Memorandum of Understanding (MoU) to enhance…
FTSE Benchmarked Fund Reduces Stake in Pakistani Stocks, Selling 50% of Holdings
The FTSE benchmarked fund Vanguard has significantly reduced its position in Pakistani stocks, selling approximately 50% of its holdings by…
Riba-Free Banking in Pakistan: A New Era of Ethical Finance and Inclusivity
In an era where ethical principles are increasingly shaping consumer choices, the demand for banking systems that align with these…
SBP Expands RAAST Payment System to Provincial Accountant Generals for Broader Digital Integration
The State Bank of Pakistan (SBP) is advancing its digital transformation agenda by extending its RAAST payment system to the…
JS Bank Launches Instant Debit Card Service, Revolutionizing Customer Banking Experience
JS Bank has introduced a transformative service in the banking sector, allowing new customers to obtain an instant debit card…
SBP Introduces Challenge Fund to Boost SME Digital Finance Solutions
The State Bank of Pakistan (SBP) has launched a new initiative aimed at strengthening the financial inclusion of small and…
SBP’s Annual Review Highlights 35% Growth in Digital Payments for FY24
The State Bank of Pakistan (SBP) has published its Annual Payment Systems Review for FY24, detailing significant progress within the…
SBP’s Foreign Exchange Reserves Rise by $106 Million, Reaching $10.81 Billion
The State Bank of Pakistan (SBP) reported an increase of $106 million in its foreign exchange reserves, bringing the total…