MMBL and SMEDA Partner to Empower SMEs and Drive Inclusive Economic Growth
Mobilink Microfinance Bank Limited (MMBL) and the Small and Medium Enterprises Development Authority (SMEDA) have signed an MoU to enhance access to finance for small businesses across Pakistan, aiming to strengthen economic inclusion and support sustainable growth.
Faysal Bank Posts Rs15.5bn Profit for 9MFY25, Announces Rs1.5 per Share Dividend
Faysal Bank Limited posted a profit after tax of Rs15.55 billion for the nine months ended September 2025, down 24% year-on-year, and declared a Rs1.50 per share dividend. Despite higher expenses and tax pressure, the bank showed strong other income growth, improved asset quality, and continued investment in its digital and Islamic banking transformation.
The Bank of Punjab Honored as Top Bank for Financial Inclusion at 9th Annual Microfinance Conference
The Bank of Punjab has been recognized as the Top Bank for Financial Inclusion at the 9th Annual Microfinance Conference. The award celebrates the bank’s initiatives to expand access to finance, promote inclusion, and empower underserved communities through digital solutions and innovative banking strategies.
Askari Bank and Systems Limited Lead AI Leadership Insights Session to Shape Future of Digital Banking
Askari Bank partnered with Systems Limited to host an AI Leadership Insights Session, focusing on responsible AI integration in banking. The initiative highlights the bank’s strategy to use AI for enhancing customer experiences, managing risks, and driving operational efficiency in Pakistan’s evolving financial sector.
Bank AL Habib Declares Rs3.5 Dividend as Nine-Month Profit Falls 22% to Rs26.6 Billion
Bank AL Habib Limited (BAHL) reported a 22% decline in profit after tax to Rs26.68 billion for the nine months ended September 2025, citing lower interest income and rising costs. The bank declared a Rs3.5 per share dividend, maintaining its strong commitment to shareholders despite earnings pressure.
Askari Bank and 1LINK join hands to drive cashless payments with 1GO Raast P2M acceptance
Askari Bank and 1LINK have signed an agreement to enable 1GO Raast P2M acceptance, allowing merchants to receive secure, instant payments through interoperable QR codes, supporting Pakistan’s move towards a cashless economy.
Driving Digital Innovation: Allied Bank and LUMS Host 4th Fintech Hackathon
Allied Bank and LUMS hosted the 4th Fintech Hackathon, empowering fintech startups, innovators, and students to build creative solutions in areas like AI, digital onboarding, sustainable banking, and RAAST payments, bridging academia and industry to drive digital financial transformation in Pakistan.
SBP and Industry Leaders Unite to Drive Islamic and Digital Banking Evolution in Pakistan
Senior officials from the State Bank of Pakistan and leading bankers have called for stronger collaboration to accelerate the digital and Islamic banking transformation in Pakistan. Speaking at the “NextGen Islamic Banking in Pakistan – 2025” forum, they emphasized innovation, regulatory alignment, and partnership-driven growth to shape a Shariah-compliant digital financial ecosystem.
Bank of Khyber and Edwardes College Peshawar join hands to boost financial access through digital banking solutions
Bank of Khyber has partnered with Edwardes College Peshawar to offer customized digital and Shariah-compliant banking solutions, including salary disbursement, on-campus ATM services, and online cash management tools to enhance financial access for faculty, staff, and students.
Mobilink Bank and RCCI join hands to strengthen women-led businesses through financial literacy and digital banking
Mobilink Bank has signed an MoU with RCCI to support 2,000 women entrepreneurs through financial literacy training, digital banking solutions, and inclusive incubation programs, strengthening Pakistan’s women-led SME ecosystem.