Mobilink Microfinance Bank Appoints Abdul Khaliq Khan as Head HR Business Partner
Mobilink Microfinance Bank Limited names Abdul Khaliq Khan as Head HR Business Partner to lead strategic human resources and foster inclusive workplace culture.
Al Meezan Investments Launches 6th Branch in Lahore at Davis Road
Al Meezan Investment Management Limited expands its Lahore footprint with a new branch on Davis Road, offering Shariah-compliant investment solutions.
EIB Global Returns to Pakistan with €160 Million Investment for Climate Resilience and Water Infrastructure
EIB Global marks its return to Pakistan after a decade by pledging €160 million to support the world’s largest housing reconstruction project in Sindh and clean water initiatives in Karachi.
Privatisation Commission Board Approves Major Restructuring and Transaction Plan for ZTBL
The Privatisation Commission Board has endorsed a strategic restructuring and transaction framework for Zarai Taraqiati Bank Limited to enhance its market value.
BankIslami Q1 2026 Profit Plummets 65% as Securities Gains Collapse
BankIslami Pakistan reports a sharp decline in consolidated profit for Q1 2026, falling to Rs 903.88 million amid shrinking core margins and a 97% drop in securities gains.
Bank of Khyber Q1 2026 Profit Declines 36% Amid Shifting Interest Rates and Lower Trading Gains
The Bank of Khyber reports a net profit of Rs 1.02 billion for the first quarter of 2026, facing a sharp 36.65% decline due to compressed core margins and a collapse in securities gains.
Askari Bank Q1 2026 Profit Declines 8% as Surge in Operating Costs Offsets Non-Funded Gains
Askari Bank Limited reports a net profit of Rs 6.58 billion for Q1 2026, with an 8% year-on-year dip attributed to rising operational overheads despite a surge in securities gains.
Pakistan Clears $3.45 Billion UAE Debt Following Final Tranche Repayment
The State Bank of Pakistan confirms the full repayment of $3.45 billion in deposits to the UAE using new financing from Saudi Arabia to maintain reserve stability.
National Bank of Pakistan Pivot: Digital Infrastructure Over Branch Expansion Leads CY25 Strategy
National Bank of Pakistan reports a 3.2x profit surge in CY25 as management shifts focus from physical branches to digital scaling and Shariah-compliant growth.
UAE Stock Markets Rally on Strong Banking Earnings Despite Regional Volatility
Dubai and Abu Dhabi markets closed higher as record first-quarter profits from Emirates NBD and ADCB bolstered investor sentiment amid geopolitical uncertainty.