Punjab Government Approves Up to Rs30 Billion Equity Injection in Bank of Punjab
The Government of Punjab has proposed an equity injection of up to Rs30 billion into the Bank of Punjab to strengthen its capital base and support expansion in SME, agriculture, affordable housing and digital lending.
Punjab Government Plans Rs30 Billion Share Subscription In Bank of Punjab
The Bank of Punjab has proposed issuing up to Rs30 billion in ordinary shares to the Government of Punjab through a planned equity subscription, subject to shareholder and regulatory approvals.
HBL Expands Sindh Presence With New Prestige Lounge and Trade Business Center
HBL has expanded its presence in Sindh with a new Prestige Lounge in Sukkur, its first Trade Business Center in Hyderabad and a new branch at Liaquat University of Medical and Health Sciences in Jamshoro.
MCB Bank Reports Rs28.10 Billion H1 Profit, Declares Rs9 Per Share Dividend
MCB Bank reported consolidated profit after taxation of Rs28.10 billion for the six months ended June 30, 2026, down 4.4% year on year, while total income increased 5.5% and the bank declared an interim cash dividend of Rs9 per share.
Faysal Bank Reports Rs10.35 Billion H1 Profit, Declares Rs1.50 Per Share Dividend
Faysal Bank reported consolidated profit after taxation of Rs10.35 billion for the half year ended June 30, 2026, broadly stable year on year, while total income increased 7.8% and the bank declared an interim cash dividend of Rs1.50 per share.
Meezan Bank H1 Profit Rises 3% to Rs48.64 Billion, Declares Rs8 Per Share Dividend
Meezan Bank reported a 3.18% increase in consolidated profit after taxation to Rs48.64 billion for the six months ended June 30, 2026, while the bank announced an interim cash dividend of Rs8 per share.
Bank of Punjab Receives SBP Approval to Establish Overseas Wholesale Banking Unit in Bahrain
Bank of Punjab has received in-principle approval from the State Bank of Pakistan to establish an Overseas Wholesale Banking Unit in Bahrain, subject to regulatory clearances from Pakistan and Bahrain.
Bank Alfalah Offers Up To PKR 3 Million Insurance Coverage To Current Plus Accountholders
Bank Alfalah has partnered with Alfalah Insurance to offer accidental death and permanent total disability coverage of up to PKR 3 million at no additional cost to PKR Current Plus Accountholders.
Fitch Expects Moderate Growth In Islamic Syndicated Financing During Second Half Of 2026
Fitch Ratings expects moderate growth in global Islamic syndicated financing during the second half of 2026, with activity concentrated in Saudi Arabia, the United Arab Emirates, Egypt and Turkiye amid challenges in sukuk and bond markets.
BankIslami Hosts Pakistan Economic Outlook Sessions For FY2027
BankIslami hosted economic outlook sessions in Karachi and Lahore, bringing policymakers, economists and business leaders together to discuss Pakistan’s FY2027 outlook.