UBL’s Profit Soars 106% to Rs65 Billion in First Half of 2025, Driven by Robust Interest Earnings
United Bank Limited (UBL) has posted a hefty 106% year-on-year rise in net profits to nearly Rs65 billion for the first half of 2025, supported by a strong surge in interest income and healthy payout to shareholders.
NIBAF Launches Islamic Banking Training for NBP Officers in Karachi, Led by Mufti Dr. Awais Naeem
NIBAF kicked off the first day of its Islamic Banking Program for RMTs and GMs in Karachi, with sessions led by Mufti Dr. Awais Naeem, focusing on strengthening Shariah banking expertise among National Bank of Pakistan officers.
NIBAF Concludes Islamic Banking Training for RMTs and GMs in Lahore to Strengthen Shariah Expertise
NIBAF successfully organized an intensive Islamic banking program in Lahore, aimed at strengthening Shariah banking expertise among regional management teams and general managers. The sessions featured insights from Mufti Ammar Ashraf of KT Bank Pakistan’s Shariah Board.
Askari Bank Secures SBP Approval for Rs6 Billion TFC Buyback to Strengthen Capital Structure
Askari Bank obtains green light from SBP to execute Rs6 billion buyback of its Tier II Term Finance Certificates, a strategic move to optimize its capital base and reinforce investor confidence.
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.