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.
PACRA Maintains Strong Ratings for Soneri Bank Amid Robust Growth and Strategic Expansion
PACRA has reaffirmed its long-term rating of ‘AA-’ and short-term rating of ‘A1+’ for Soneri Bank Limited, highlighting its strong growth in deposits, digital transformation, and improved asset quality amid industry-wide challenges.
Faysal Bank Clinches Top Honor for Best Digital Marketing Campaign at Pakistan Digital Awards 2025
Faysal Bank Limited has secured the “Best Digital Marketing Campaign of the Year” award at the Pakistan Digital Awards 2025 for its impactful Roshan Digital Account campaign aimed at overseas Pakistanis, reinforcing its leadership in digital innovation and customer engagement.
JS Bank and Zindigi Shine at Pakistan Digital Awards 2025 for Pioneering Digital Innovation
JS Bank and its digital platform Zindigi earned major recognition at the Pakistan Digital Awards 2025, winning accolades for excellence in digital marketing, entrepreneurship initiatives, and innovation in financial services.
Celebrating Innovation: Winners of Pakistan Digital Awards 2025 Set New Benchmarks in Digital Banking
The Pakistan Digital Awards 2025 highlighted the country’s digital transformation in the banking sector, honoring top banks like HBL, Allied Bank, BankIslami, and others for outstanding innovation and customer-centric technology leadership.
State Bank of Pakistan Invites Public Consultation on Draft SME Prudential Regulations
The State Bank of Pakistan has released draft prudential regulations for SME financing and is seeking public input to enhance inclusivity, tech integration, and financial access through an updated regulatory framework.
SBP Grants Nationwide License to Halan Microfinance Bank, Backed by Egypt’s Fintech Giant MNT-Halan
The State Bank of Pakistan has officially granted a nationwide microfinance banking license to Halan Microfinance Bank, following its acquisition by Egypt-based fintech MNT-Halan. The move sets the stage for a major digital finance expansion in Pakistan.
Raast QR Payments Now Available in Mandis Across Pakistan: Faysal Bank Launches Cashless Eid Payment Solution
Faysal Bank introduces Raast QR payments across major Mandis in Pakistan, offering a safer, faster, and cashless method for Eid shopping. The initiative aligns with State Bank of Pakistan’s digital financial services push and provides consumers with a new avenue for secure transactions.