AJK Bank Embarks on Major Digital Transformation with International Tech Partnership
Bank of Azad Jammu & Kashmir joins hands with global tech leaders to implement cutting-edge core banking and digital solutions, accelerating its journey toward a fully digital banking ecosystem.
Finance Minister lauds SBP and banks for record SME and agriculture lending growth in FY25
Pakistan’s Finance Minister Muhammad Aurangzeb has praised the State Bank of Pakistan and commercial banks for achieving robust growth in SME and agriculture financing during FY25, highlighting their critical role in driving inclusive economic growth.
Faysal Bank launches Shariah-compliant car insurance with discounted rates for Noor Credit Card holders
Faysal Bank partners with Jubilee General Takaful to roll out Jubilee Takaful Secure Drive, a Shariah-compliant car insurance plan offering reduced rates for Noor Credit Card holders, with flexible monthly payments and comprehensive coverage.
Zindigi and PayFast join forces to advance Pakistan’s digital payment landscape
Zindigi partners with PayFast to roll out advanced digital payment solutions in Pakistan, empowering businesses with secure, customizable systems and driving financial inclusion across the country.
Dubai Islamic Bank Pakistan Appoints Shiraz Sheikh to Lead Digital Platforms
Dubai Islamic Bank Pakistan appoints fintech leader Shiraz Sheikh as Digital Platform Owner, underscoring its drive to expand digital banking with innovative, Shariah-compliant solutions across the region.
Bank of Khyber’s Record Growth Highlights KP Government’s Vision and Transparent Leadership
The Bank of Khyber posts record share growth and upgraded credit rating, reflecting the KP government’s integrity-driven approach and modern banking reforms under Chairman Ikramullah and MD Hassan Raza.
VIS reaffirms ‘AAA/A1+’ ratings of National Bank of Pakistan, citing stable outlook and resilient franchise
VIS Credit Rating has reaffirmed the ‘AAA/A1+’ ratings of National Bank of Pakistan with a stable outlook, recognizing the bank’s strong franchise, steady liquidity, advancing digital initiatives, and secure capital profile amid evolving market conditions.
State Bank of Pakistan to close on July 5 and 6 for Ashura, urges early banking arrangements
The State Bank of Pakistan has announced it will remain closed on July 5 and 6, 2025, for Ashura observance. Customers are advised to complete transactions early, with digital banking services expected to remain operational during the holidays.
HugoBank names Asim Hasan Acting CEO as digital bank readies pilot launch in Pakistan
HugoBank announces a leadership change with Asim Hasan taking over as Acting CEO as the digital bank prepares to launch its pilot phase in Pakistan, marking a critical step for the country’s growing fintech landscape.
Karandaaz survey shows Pakistan’s decade of financial inclusion gains but urges deeper financial agency by 2028
The Karandaaz Financial Inclusion Survey 2024 reveals how Pakistan has expanded financial access over the past decade but still faces key hurdles. Experts stress the need to shift focus toward meaningful usage and financial agency to achieve NFIS 2028 goals.