SECP Approves Digital Lending License for Foremost Financial Services, Paves Way for Instant Finance NBFC Entry
SECP has issued an NBFC license to Foremost Financial Services for digital nano-lending and approved Instant Finance’s entry into the sector, signaling growing investor confidence and advancing digital financial inclusion in Pakistan.
UBL’s Profit Soars 106% to Rs65 Billion in First Half of 2025, Driven by Robust Interest Earnings
United Bank Limited (UBL) has posted a hefty 106% year-on-year rise in net profits to nearly Rs65 billion for the first half of 2025, supported by a strong surge in interest income and healthy payout to shareholders.
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.