Bank Makramah to Issue 27.8 Million Shares to TFC Holders to Strengthen Tier 1 Capital
Bank Makramah Ltd. plans to issue 27.8 million shares worth Rs 3.35 billion to Term Finance Certificate holders as part of its Tier 1 capital strengthening strategy, subject to regulatory and shareholder approval.
HBL Reappoints Muhammad Nassir Salim as President and CEO for Two-Year Term
Habib Bank Limited reappoints Muhammad Nassir Salim as President and CEO for another two years from April 30, 2026, subject to regulatory approvals, reinforcing leadership continuity.
Faysal Bank Approves Rs 7 Billion Tier-II Sukuk to Strengthen Capital Base
Faysal Bank Limited announces Rs 7 billion Tier-II Sukuk with green-shoe option, declares 20% total dividend, and reports Rs 21.7 billion profit for 2025.
Soneri Bank Flags Multi-Billion Rupee Tax Disputes in 2025 Annual Report Filed with PSX
Soneri Bank Limited discloses significant tax contingencies and ongoing disputes with FBR in its 2025 annual report, including windfall tax claims and multi-year assessments under appeal.
NIBAF Pakistan Concludes Day-5 of Central Banking Program for SBP Officers in Karachi
NIBAF Pakistan held Day-5 of its Central Banking Program for Lateral Entrants, bringing together SBP officers in Karachi to deepen expertise in policy execution, regulatory responsibilities, and institutional coordination.
Bank Alfalah Reports 26% Profit Decline in CY25 Despite Higher Income and Dividend Payout
Bank Alfalah posts a 26% year-on-year decline in profit for CY25 despite higher income, as operating expenses surge. The bank announces a 105% total dividend payout for the year.
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.