NIBAF Conducts Islamic Finance Training for NBP Officers to Boost Shariah-Compliant Banking Operations
NIBAF conducted a three-day Islamic finance training program for NBP officers in Islamabad to enhance their expertise in Shariah-compliant banking operations and product implementation, reinforcing the sector’s growing emphasis on ethical financial practices.
Banking sector’s record FY25 growth drives renewed focus on SME and agri financing for inclusive future
Pakistan’s banking sector posts record growth in FY25, with renewed commitment to scaling up SME and agriculture financing, as highlighted by Khurram Schehzad, reinforcing financial inclusion and equitable growth into FY26.
NIBAF Hosts Corporate Etiquettes Training for SBOTS-27 Under State Bank’s Professional Development Initiative
NIBAF, under the State Bank of Pakistan’s officer development program, organized a dedicated session on corporate etiquettes for SBOTS-27 participants, aimed at grooming young officers for professional excellence.
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.
SBP Announces New Lineup of Primary and Special Purpose Primary Dealers for FY26
The State Bank of Pakistan has finalized the selection of Primary Dealers and Special Purpose Primary Dealers for fiscal year 2025-26, reinforcing its framework for managing government securities and fostering robust capital markets.
PBA Chairman Zafar Masud Calls for Urgent Tax Reforms to Ease Pressure on Pakistan’s Banking Sector
Zafar Masud, Chairman of the Pakistan Banks’ Association, stresses the critical need for tax reforms and a broader tax base to relieve mounting pressure on banks and secure Pakistan’s long-term economic resilience.
KSE-100 Slides Over 800 Points Amid Broad-Sector Selloff as Global Trade Tensions Stir Caution
Pakistan’s benchmark KSE-100 Index lost more than 800 points amid heavy selling across key sectors, reflecting cautious investor sentiment against the backdrop of global trade tensions and mixed regional market trends.
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.
Pakistan Banks Association Rejects Claims on Remittance Subsidies, Highlights Critical Role in Economic Stability
The Pakistan Banks Association has strongly refuted allegations that remittance incentives serve no economic purpose, underscoring how these measures protect Pakistan’s balance of payments and ensure compliance with global financial standards.
NIBAF Islamabad Hosts Islamic Banking Professional Development Program Featuring Dr. Rashid Mansoor and Mufti Fawad Ali
NIBAF Islamabad successfully conducted the Islamic Banking Professional Development Program from May 26 to 30, 2025. The program focused on enhancing the expertise of commercial bank officers in Islamic banking principles and operations, led by experts Dr. Rashid Mansoor and Mufti Fawad Ali.