VIS reaffirms ‘AAA/A1+’ ratings of National Bank of Pakistan, citing stable outlook and resilient franchise
VIS Credit Rating has reaffirmed the ‘AAA/A1+’ ratings of National Bank of Pakistan with a stable outlook, recognizing the bank’s strong franchise, steady liquidity, advancing digital initiatives, and secure capital profile amid evolving market conditions.
NIBAF trains SBOTS 27th batch on functions of Deposit Protection Corporation to strengthen depositor safeguards
NIBAF Pakistan conducted a specialized training session for the SBOTS 27th batch on June 28, 2025, focusing on the functions of the Deposit Protection Corporation to enhance understanding of depositor safeguards and support long-term financial sector stability.
Banks increase ATM fees for cash withdrawals at other banks, raising costs for consumers
Banks in Pakistan have raised fees for cash withdrawals at ATMs of other banks from Rs. 23.44 to Rs. 35, impacting millions of customers who now face higher costs when accessing their funds through interbank networks.
HBL Extends Branch Banking Hours Across Pakistan to Enhance Customer Convenience
Habib Bank Limited has announced extended banking hours across 153 branches nationwide, aiming to provide greater convenience to customers and support Pakistan’s growing financial needs.
Meezan Bank Reaches $2 Billion Market Cap, Reinforcing Strength of Pakistan’s Islamic Finance Sector
Meezan Bank has achieved a significant milestone by crossing a $2 billion market capitalization on the Pakistan Stock Exchange, underscoring the growth of Islamic banking and investor confidence in Pakistan’s financial landscape.
NIBAF Conducts AI and BI Data Modeling Training to Advance Analytics Capabilities in Pakistan
NIBAF organized a two-day program on “Data Modeling Using AI and BI” in Karachi, led by Irfan Bakaly, to equip professionals with advanced analytics skills and strengthen Pakistan’s digital ecosystem.
Banks to Remain Closed on July 1 for Fiscal Year Transition, Confirms SBP
The State Bank of Pakistan has announced that all banks, DFIs, and MFBs will remain closed for public dealing on July 1, 2025, due to the first day of the new fiscal year, though employees will report to duty.
PACRA Maintains Strong Ratings for Soneri Bank Amid Robust Growth and Strategic Expansion
PACRA has reaffirmed its long-term rating of ‘AA-’ and short-term rating of ‘A1+’ for Soneri Bank Limited, highlighting its strong growth in deposits, digital transformation, and improved asset quality amid industry-wide challenges.
Bank Alfalah and IBA-CEJ Launch Training to Empower Content Creators in Digital and Financial Literacy
Bank Alfalah and IBA’s Center for Excellence in Journalism have joined hands to launch EmpowerED, a five-day training program designed to build digital and financial literacy among Pakistan’s content creators, promoting safer and smarter online engagement.
Allied Bank Partners with National Assembly Secretariat to Provide Soft Loans to Parliamentary Staff
Allied Bank signs MoU with the National Assembly Secretariat to provide low-interest loans for housing and vehicle purchases to parliamentary employees through its Parliament House branch.