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.
National Bank of Pakistan Historic Dividend Payout Prime Minister Grants Clearance for Record Rs35 Per Share
Prime Minister Shehbaz Sharif approves National Bank of Pakistan record breaking dividend of Rs35 per share following massive profit growth in CY25.
NIBAF Pakistan Conducts Specialized Islamic Banking Training on Deposits and Pool Management
NIBAF Pakistan organizes a two day training program for commercial bank officers in Karachi focusing on Shariah compliant pool management and deposit structures.
NIBAF Pakistan organizes a two day training program for commercial bank officers in Karachi focusing on Shariah compliant pool management and deposit structures.
Sindh Government Partners with Major Banks for Digital Property Transfer Tax Collection System
Sindh Government signs agreements with Sindh Bank NBP and Bank of Punjab to digitize property transfer taxes enhancing transparency and revenue management.