MCB Bank Expects Policy Rate Stability Through 2026, Plans 40 New Branches
MCB Bank plans to open 40 new branches in 2026 and expects State Bank of Pakistan’s policy rate to remain at 11.5% through the rest of the year, while deposits and digital banking activity continue to grow.
NIBAF Pakistan Launches Journal Highlighting Islamic Banking, Data Governance and Modern Finance
NIBAF Pakistan has launched Volume 93, Issue 01 of its journal featuring insights on Shariah governance, Islamic banking, risk dashboards and data governance.
Meezan Bank Housing Finance Disbursements Cross Rs3 Billion Under Ghar Ho Tu Apna
Meezan Bank has crossed Rs3.05 billion in housing finance disbursements under the Ghar Ho Tu Apna programme, with more than 3,000 applications approved for over Rs22.557 billion.
Roshan Digital Accounts Attract $282 Million in July 2026
Roshan Digital Accounts received $282 million in inflows during July 2026, taking cumulative inflows to $13.647 billion, while total accounts reached 956,790.
1LINK Welcomes New Board As Pakistan’s Digital Payments Infrastructure Enters New Growth Phase
1LINK has welcomed its newly constituted Board of Directors, led by Bank Alfalah President and Chief Executive Officer Atif Bajwa, as the payment system operator prepares for its next phase of growth and strengthens Pakistan’s digital payments infrastructure.
SBP Deputy Governor Calls For Technology-Led Push To Expand Financial Inclusion In Pakistan
State Bank of Pakistan Deputy Governor Saleem Ullah has called for greater use of technology and digital payment infrastructure to expand financial inclusion in Pakistan, highlighting financial literacy, limited use of financial services and continued reliance on cash as key barriers.
SECP Approves Rs1.5 Billion Capital Injection for HugoBank as Digital Banking Launch Moves Forward
The Securities and Exchange Commission of Pakistan has approved a Rs1.5 billion equity injection for HugoBank, supporting its regulatory capital requirements as the digital retail bank advances toward pilot operations in Pakistan.
NIBAF Pakistan Announces Two Day Generative AI And Prompt Engineering Workshop For Banking Professionals
NIBAF Pakistan will conduct a two day online workshop on prompt engineering and practical generative artificial intelligence for banking professionals on August 20 and 21, 2026.
SBP Caps Card Payment Charges At Fuel Stations To Boost Digital Payments
State Bank of Pakistan caps Merchant Discount Rate at Rs1 per litre and Interchange Reimbursement Fee at Rs0.20 per litre for fuel station card payments until January 2027.
DIB Pakistan Begins Core Banking Transformation With Systems Limited And Temenos Cloud Platform
DIB Pakistan partners with Systems Limited to migrate from Oracle Flexcube to Temenos Transact cloud-native core banking platform for digital banking modernization.