BankIslami Rejects Claims of Unusual Share Price Movement, Attributes Gains to Market Interest
BankIslami Pakistan Limited has dismissed speculation over unusual changes in its stock price and volume, stating recent movements are likely tied to general investor interest and market dynamics, not undisclosed developments.
State Bank’s Deputy Governor Engages SBOTS-27 Trainees in Insightful Dialogue on Pakistan’s Evolving Financial Sector
Deputy Governor of the State Bank of Pakistan, Saleemullah, recently met with participants of the State Bank Officer Training Scheme’s 27th batch, offering insights into the country’s dynamic financial sector and the evolving role of central banking.
VIS Raises Faysal Bank’s Credit Ratings to ‘AA+’, Citing Robust Islamic Banking and Financial Strength
VIS Credit Rating Company upgrades Faysal Bank’s ratings to ‘AA+/A1+’, highlighting strong Islamic banking growth, digital strategy, asset quality, and a stable financial outlook.
Bank Makramah Advances Recapitalization with PKR 50 Billion Boost from Sponsor Support and Asset Strategy
Bank Makramah Limited ramps up recapitalization through PKR 15 billion sponsor injections, PKR 12 billion asset sale, and major loan recoveries, strengthening its position in Pakistan’s banking landscape.
Bank of Punjab Joins Hands with Surfin Meta to Advance AI-Powered Digital Banking in Pakistan
The Bank of Punjab has signed an MoU with Singapore-based Surfin Meta to explore AI-driven credit scoring, digital onboarding, and advanced merchant solutions, marking a strategic move to elevate digital banking in Pakistan.
Banks increase ATM fees for cash withdrawals at other banks, raising costs for consumers
Banks in Pakistan have raised fees for cash withdrawals at ATMs of other banks from Rs. 23.44 to Rs. 35, impacting millions of customers who now face higher costs when accessing their funds through interbank networks.
Pakistan Banks Association Marks World MSME Day by Championing Small Businesses and Digital Empowerment
On World MSME Day, the Pakistan Banks Association highlights the resilience and innovation of Pakistan’s MSME sector and reiterates the banking industry’s commitment to support small businesses through finance, digital solutions, and partnerships.
Bank AL Habib’s Roshan Digital Account Emerges as a Comprehensive Hub for Overseas Pakistanis
A detailed look into Bank AL Habib’s Roshan Digital Account, which has become a leading choice for non-resident Pakistanis. The platform offers an extensive range of financial services, from property and auto financing to sophisticated investment vehicles like stock market access and mutual funds, all managed digitally.
Bank AL Habib Launches Pakistan’s First AI-Powered Contact Center Ecosystem in Strategic Alliance with C Square and wAI Industries
Bank AL Habib partners with C Square and wAI Industries to launch Pakistan’s first AI-powered contact center ecosystem, integrating Genesys Engage and Alara AI to redefine customer experience in digital banking.