Faysal Bank and IFC Partner to Enhance Trade Finance with Guarantee Facility
Faysal Bank Limited (FBL) has entered a new strategic partnership with the International Finance Corporation (IFC), a member of the…
Investment-to-Deposit Ratio Surpasses 100% While Advance-to-Deposit Ratio Hits Record Low
In a significant shift within Pakistan’s banking sector, the Investment-to-Deposit Ratio (IDR) has exceeded 100% for the first time, while…
Faysal Asset Management Earns Prestigious ‘AM1’ Rating from VIS Credit Rating Company
Faysal Asset Management Limited (FAML), a subsidiary of Faysal Bank Limited, has achieved a major milestone by securing an ‘AM1’…
PSX Hits 80,000 Mark with 970-Point Surge Amid Broad-Based Gains
The Pakistan Stock Exchange (PSX) achieved a significant milestone on Wednesday as its 100-Index surged past the 80,000 mark, closing…
Banking Sector Profit Margins Rise by 1.1% in H1 2024 Amid Macroeconomic Shifts
The State Bank of Pakistan (SBP) has revealed that the banking sector saw a modest increase in profits, growing by…
ADVANS Pakistan Microfinance Bank Rebrands as Halan Microfinance Bank
ADVANS Pakistan Microfinance Bank Limited has officially rebranded itself as Halan Microfinance Bank Limited, effective from September 16, 2024. The…
JS Bank Receives 2024 USD Clearing Quality Recognition Award from J.P. Morgan for Outstanding STP Achievement
JS Bank, one of Pakistan’s fastest-growing financial institutions, has been honored with the prestigious 2024 USD Clearing Quality Recognition Award…
Faysal Bank and Mastercard Renew Strategic Partnership to Enhance Shariah-Compliant Payment Solutions
Faysal Bank Limited (FBL), a leading name in Islamic banking in Pakistan, has proudly announced the renewal and expansion of…
HBL Celebrates Milestone in China with “HBL China Story” Session
HBL recently hosted the “HBL China Story” session, a significant event reflecting on the Bank’s impactful journey in China since…
Imtiaz Ali Solangi Assigned Additional Role as FBR Member (Accounting)
In a new development within the Federal Board of Revenue (FBR), Imtiaz Ali Solangi, a senior officer of the Inland…

