UBL Emerges as Second Most Valuable Company on PSX After Rapid Market Cap Surge
United Bank Limited has become the second most valuable company on the Pakistan Stock Exchange, with its market capitalization surging nearly sixfold in two years. The growth underscores investor confidence and a robust turnaround in Pakistan’s banking sector.
Faysal Bank Unveils Pakistan’s First Inclusive Communication Guide to Advance Workplace Diversity
Faysal Bank has launched Pakistan’s first Inclusive Communication Guide, setting a benchmark for diversity and inclusion in corporate culture. The initiative, created in collaboration with the Centre of Excellence in Responsible Business, aims to foster respectful and inclusive language practices across workplaces.
NIBAF Delivers Three-Week Compliance Program for Askari Bank Officers to Enhance AML and CFT Expertise
NIBAF successfully completed a three-week specialized compliance training for Askari Bank officers in Islamabad, focusing on AML, CFT, regulatory compliance, and global standards.
NIBAF Strengthens Islamic Banking Skills Through Certification Program for Bank Alfalah
NIBAF successfully conducted an Islamic Banking Certification Program for Bank Alfalah officers in Karachi, led by Mufti Muhammad Najeeb Khan, reinforcing expertise and collaboration in Islamic finance.
VIS Raises Faysal Bank’s Credit Ratings to ‘AA+’, Citing Robust Islamic Banking and Financial Strength
VIS Credit Rating Company upgrades Faysal Bank’s ratings to ‘AA+/A1+’, highlighting strong Islamic banking growth, digital strategy, asset quality, and a stable financial outlook.
Bank Makramah Advances Recapitalization with PKR 50 Billion Boost from Sponsor Support and Asset Strategy
Bank Makramah Limited ramps up recapitalization through PKR 15 billion sponsor injections, PKR 12 billion asset sale, and major loan recoveries, strengthening its position in Pakistan’s banking landscape.
WB Rates Punjab Green Development Project as ‘Moderately Satisfactory’, Revises Closure to 2025
The World Bank has rated the Punjab Green Development Programme as ‘moderately satisfactory,’ highlighting partial progress on green investments, with the project now extended to close in November 2025.
Bank of Khyber’s Record Growth Highlights KP Government’s Vision and Transparent Leadership
The Bank of Khyber posts record share growth and upgraded credit rating, reflecting the KP government’s integrity-driven approach and modern banking reforms under Chairman Ikramullah and MD Hassan Raza.
NIBAF and Partners Launch Major Financial Literacy Program for Punjab’s School Students
NIBAF Pakistan, Karandaaz, PEF, and Bank of Punjab have launched an ambitious financial literacy initiative across 1,000 schools in Punjab, aiming to equip over 100,000 students with essential money skills.
Bank of Punjab Joins Hands with Surfin Meta to Advance AI-Powered Digital Banking in Pakistan
The Bank of Punjab has signed an MoU with Singapore-based Surfin Meta to explore AI-driven credit scoring, digital onboarding, and advanced merchant solutions, marking a strategic move to elevate digital banking in Pakistan.