Askari Bank honored with ESG Excellence Award in Sustainable Finance at ESG Summit 2025
Askari Bank has won the ESG Excellence Award in the Sustainable Finance category at the ESG Summit 2025, recognizing its green banking initiatives, ESG disclosures, and early adoption of SBP ESRM Guidelines.
Pakistan’s Bank Deposits-to-GDP Ratio Drops to Lowest Level Among Peers: SBP
Pakistan’s deposits-to-GDP ratio has dropped to its lowest among peer economies despite record financial inclusion, according to SBP. Weak deposit growth, inflation, taxation, and religious factors are driving savers toward alternative assets, raising concerns about long-term investment financing and financial stability.
PSX Surges 1.49% as Banking Sector Drives Market Recovery Amid Improved Economic Sentiment
The Pakistan Stock Exchange surged 1.49% as the banking sector led a strong recovery, supported by a current account surplus, rising technology exports, and easing geopolitical tensions, signaling improved investor sentiment.
Muhammad Atif Hanif’s journey at Al Baraka Bank Pakistan inspires Islamic banking leadership
Muhammad Atif Hanif, President and CEO of Al Baraka Bank Pakistan Limited, is redefining leadership in Islamic banking through over 26 years of financial expertise, strategic policy contributions, and commitment to economic growth.
Pakistan’s Foreign Exchange Reserves Rise to $14.44 Billion, Boosting Economic Stability
Pakistan’s foreign exchange reserves climbed to $14.44 billion, reflecting improved external stability as the State Bank of Pakistan reports steady inflows and stronger fiscal indicators.
NIBAF Pakistan Hosts Training on Financial Statement Analysis to Strengthen Banking Sector Competencies
NIBAF Pakistan organized a one-day training session on financial statement analysis for Pak-China Investment Company Limited’s MTO Program, aimed at enhancing analytical skills and strengthening financial sector capabilities.
PBA and SIFC Host High-Level Saudi Delegation to Boost Trade and Investment Ties with Pakistan
The Pakistan Banks’ Association in collaboration with SIFC hosted a high-level Saudi business delegation to strengthen trade and investment ties between Pakistan and Saudi Arabia, bringing together banking leaders, industrialists, and entrepreneurs for strategic B2B discussions.
SBP Injects Rs3.45 Trillion Through OMO to Ease Liquidity Pressure
The State Bank of Pakistan injected Rs3.45 trillion into the financial system through conventional and Shariah-compliant OMOs, aiming to manage liquidity conditions and stabilize the money market.
NIBAF Hosts Islamic Banking Certificate Course IBCC-73 to Strengthen Sector Expertise
NIBAF Pakistan hosts the Islamic Banking Certificate Course IBCC-73 in Karachi, offering face-to-face training to commercial bank officers to enhance their understanding of Islamic financial principles and strengthen capacity in Shariah-compliant banking.
KSE-100 Crosses 150,000 Milestone in Intraday Trade as Market Sentiment Improves
The KSE-100 Index at the Pakistan Stock Exchange crossed 150,000 points in intraday trade for the first time, driven by investor optimism, government reform measures, and strong sectoral performance across banking, cement, and pharmaceuticals.