Pakistan Bank Deposits Surge 18 Percent to Reach 37 Trillion Rupees in March 2026
State Bank of Pakistan data reveals an 18.1% YoY increase in bank deposits to Rs37.51 trillion, while the ADR drops to 38.8% due to sluggish credit demand.
Pakistan Islamic Banking Sector Hits Record 14 Trillion Milestone as Financing Demand Surges
The State Bank of Pakistan reports a massive expansion in the Islamic banking sector with assets reaching 14.467 trillion and a 38 percent share in total financing.
Mashreq Bank Pakistan Receives AA Long-Term Rating with Stable Outlook from PACRA
Mashreq Bank Pakistan Limited earns AA (Long Term) and A1 (Short Term) ratings from PACRA, reflecting strong sponsor support, robust digital infrastructure, and solid capital base, signaling confidence in the bank’s growth and stability.
Book Chronicling Meezan Bank’s Remarkable Journey Launched in Lahore
A new book, “Unconventional – The Bank No One Saw Coming,” authored by Sibtain Naqvi, chronicles Meezan Bank’s journey under the visionary leadership of Irfan Siddiqui. The launch in Lahore highlighted the bank’s transformation into Pakistan’s largest Islamic bank and its enduring legacy of ethics and excellence.
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.