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.