Federal Reserve Board Publishes Findings on Banks’ Reserve Balance Management Strategies
The Federal Reserve Board has released the findings of its Senior Financial Officer Survey, shedding light on how banks manage…
Deposit Protection Corporation Highlights Financial Stability in FY2023-24 Annual Report
The Deposit Protection Corporation (DPC), a subsidiary of the State Bank of Pakistan (SBP), has released its fourth Annual Report…
MCB Bank Appoints Muhammad Nauman Chughtai as New President and CEO
MCB Bank Limited (PSX: MCB) has officially announced the appointment of Muhammad Nauman Chughtai as its new President and Chief…
SBP Collaborates with Systems Limited and Temenos to Upgrade Core Banking System
The State Bank of Pakistan (SBP) has entered into a landmark partnership with Systems Limited and Temenos, a global leader…
UBL Approves Amalgamation with Silk Bank via Share Swap
United Bank Limited (UBL) has announced the approval of a landmark merger with Silk Bank Limited (SBL) through a share…
Symmetry Group Secures 5-Year SBP Website Development Contract
Symmetry Group Limited (PSX: SYM) has announced securing a significant five-year contract for the development and maintenance of the State…
ZTBL Partners with Wateen to Bolster Cybersecurity Infrastructure
Zarai Taraqiati Bank Limited (ZTBL) has entered a pivotal partnership with Wateen to enhance its cybersecurity framework and secure its…
SBP Governor Highlights the Future of Banking in Pakistan Focused on Innovation and Customer Satisfaction
At the 9th Pakistan Banking Awards ceremony held on November 29, 2024, in Karachi, Governor of the State Bank of…
Pakistan Banking Awards 2024 Highlight Innovation, Inclusion, and Excellence
The 9th Pakistan Banking Awards, held on November 29, 2024, in Karachi, brought together key stakeholders from Pakistan’s banking and…
UBL Becomes Most Valuable Bank in Pakistan, Surpassing Meezan Bank
United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has claimed the title of the most valuable bank in…