State Bank of Pakistan Injects 664 Billion Rupees into Banking System via OMO
The State Bank of Pakistan has executed conventional and Islamic open market operations to inject a total of six hundred sixty-four billion rupees into the domestic banking sector.
State Bank of Pakistan Injects Fourteen Point Five Trillion Rupees into Banking System via Open Market Operations
The State Bank of Pakistan has executed massive conventional reverse repo and Shariah-compliant Modarabah liquidity injections to support the domestic banking network.
SBP Data Reveals Conventional Banking Credit Retreat as Islamic Finance Surges
State Bank of Pakistan reports a net retirement of Rs32.8 billion in private sector credit by conventional banks, while Shariah-compliant lending sees a massive spike.
Bank Alfalah Considers Ghazanfar Bank Acquisition Offer for Afghan Operations
Bank Alfalah accepts a non-binding offer from Ghazanfar Bank to acquire its Afghanistan operations, pending due diligence and regulatory approvals from SBP and Da Afghanistan Bank.
Hamid Minhas Appointed Head of Conventional Products at U Microfinance Bank to Drive Financial Inclusion
Hamid Minhas has been appointed Head of Conventional Products at U Microfinance Bank, aiming to strengthen the bank’s offerings, drive financial inclusion, and enhance innovative banking solutions for individuals, SMEs, and underserved communities across Pakistan.
Soneri Bank Appoints Tanveer Zaman Khan as Head of Transformation to Drive Innovation and Growth
Soneri Bank Limited has appointed Mr. Tanveer Zaman Khan as its new Head of Transformation. With over 27 years of experience across top financial institutions, he brings a strategic vision for digital innovation, operational efficiency, and sustainable banking growth.