Adil Hasnain Promoted to VP-Executive Manager of Branch Operations at Mobilink Bank South Punjab
Mobilink Bank elevates Adil Hasnain to VP-Executive Manager for Branch Operations in South Punjab, recognizing his leadership and commitment to enhancing operational efficiency and customer experience.
Meezan Bank Boosts Meezan Exchange Capital to Rs 2 Billion Amid FY25 Profit Announcement
Meezan Bank raises Meezan Exchange Company’s authorized capital to Rs2 billion, investing an additional Rs500 million to strengthen foreign exchange operations, following FY25 profit after tax of Rs92.18 billion.
SBP Raises Rs550.97 Billion Through Pakistan Investment Bonds Auction Amid Strong Market Demand
State Bank of Pakistan raises Rs550.97 billion through PIBs auction as robust demand across tenors reflects investor confidence and evolving domestic debt dynamics.
Pakistan Considers Redesigned Currency Notes from Rs10 to Rs5,000 with Advanced Security Features
The State Bank of Pakistan has proposed new designs for currency notes ranging from Rs10 to Rs5,000, featuring enhanced security elements, while clarifying that high-denomination notes will remain in circulation.
SBP reduces Special Cash Reserve Account remuneration rate for February 2026
State Bank of Pakistan cuts remuneration rate on Special Cash Reserve Account (US$) to 2.67% for February 2026 in line with the SOFR-linked mechanism.
Pakistan bank deposits rise to Rs37.4tr in December with advances and investment trends
Total deposits in Pakistan’s scheduled banks rose 5.8% to Rs37.43 trillion in December 2025, while advances increased 10.9% and investments grew 3.2%, according to central bank data.
Bank Alfalah elevates Muhammad Abid Waseem to EVP Business Head – Sahiwal, strengthening regional leadership
Bank Alfalah Pakistan has promoted Muhammad Abid Waseem as EVP Business Head – Sahiwal, recognizing his leadership, strategic vision, and sustained contributions to regional business growth and operational excellence.
Zafar Masud Awarded Honorary Doctorate by Greenwich University, PBA Extends Congratulations
Pakistan Banks’ Association congratulates Chairman Zafar Masud on being conferred an Honorary Doctorate by Greenwich University, recognising his leadership and contributions beyond banking.
Pakistan’s Private Sector Borrowing Drops 79% in 1HFY26 Despite Lower Interest Rates
Private sector borrowing from commercial banks declined by 79% during July–December FY26, SBP data shows, highlighting weak credit demand despite aggressive monetary easing.
UBL Becomes Pakistan’s Largest Listed Company After Strong Rally at PSX
United Bank Limited becomes Pakistan’s largest listed company as its market capitalization reaches Rs. 1.29 trillion, driven by a sharp rise in share price and strong earnings performance.