National Bank of Pakistan Partners with ISTIQEME to Accelerate Merchant QR Deployment
NBP and ISTIQEME sign an MoU to expand Pakistan’s digital payment ecosystem through merchant QR code infrastructure and specialized training initiatives.
United Bank Limited Q1 2026 Profit Surges 34 Percent to Rs48 Billion
UBL reports a profit after tax of Rs48.42 billion for Q1 2026, driven by a massive 422% gain on securities and strong interest income growth.
Punjab Government and Bank of Punjab Form Strategic Alliance to Launch AI Data Center
The Punjab AI office and Bank of Punjab sign an MoU to build an AI Data Center and Financial Data Warehouse at Nawaz Sharif IT City to drive the digital economy.
Pakistan Airports Authority Unveils 100 Billion Expansion Plan for Karachi Jinnah International Airport
The Pakistan Airports Authority PAA has allocated 100 billion for a 50 year expansion of Karachi Airport featuring a new terminal and cargo village.
Punjab and Bank of Punjab Ink Landmark AI Deal to Build Data Centers and 100000 Tech Jobs
Advisor Ali Dar announces a strategic partnership between the Bank of Punjab and the Office of AI to establish a regional AI hub and financial data warehouse in Nawaz Sharif IT City.
Punjab and Bank of Punjab Ink Landmark AI Deal to Build Data Centers and 100000 Tech Jobs
Advisor Ali Dar announces a strategic partnership between the Bank of Punjab and the Office of AI to establish a regional AI hub and financial data warehouse in Nawaz Sharif IT City.
Bank Alfalah to Undergo Share Split and Face Value Adjustment at Pakistan Stock Exchange
Bank Alfalah Limited announces a share split reducing face value from Rs10 to Rs5 with the total number of shares doubling to over 3.15 billion by April 2026.
BankIslami Exchange Company Receives State Bank Authorization for Business Commencement
BankIslami Pakistan announces that its subsidiary, BIPL Exchange Company, has received formal authorization from the SBP to commence foreign exchange operations.
Global Islamic Banks Withstand Iran Conflict Fallout with Strong Credit Fundamentals
Fitch Ratings reports that Islamic banks in the GCC and emerging markets maintain resilience despite geopolitical tensions and a slowdown in March 2026 sukuk issuance.
Meezan Bank to Launch Shariah Compliant Credit Cards and Expand Branch Network Amid Digital Banking Growth
Meezan Bank plans Shariah compliant credit card launch by 2027 and adds 150 new branches following its 2025 corporate briefing on profit and deposit growth.