Pakistan SOEs Record Rs122.9 Billion Loss in FY2024-25 as Debt and Fiscal Risks Mount
Pakistan’s state-owned enterprises reported a net loss of Rs122.9 billion in FY2024-25, with rising debt and pension liabilities highlighting urgent reform needs, according to the Cabinet-approved consolidated performance report.
IMF Flags Governance Risks as Pakistan Navigates Major Shift Toward Islamic Banking
The IMF’s latest governance and corruption diagnostic assessment highlights structural, regulatory, and governance vulnerabilities in Pakistan’s financial sector as the country advances toward a full Islamic banking transition by 2028.
Bank Makramah Secures Islamabad High Court Approval for Restructuring Scheme
Bank Makramah receives Islamabad High Court approval for its restructuring scheme, enabling share capital adjustment, issuance of new shares to GHDL shareholders, and compliance with regulatory capital requirements.
IMF Mission Reviews Pakistan’s Rs448 Billion Budget Discrepancy to Strengthen Fiscal Governance
IMF launches technical mission in Pakistan to address Rs448 billion statistical discrepancy in the federal and provincial budgets, aiming to enhance fiscal data governance and budget transparency.
UBL Honored as Best Corporate Finance House of the Year 2024 – Fixed Income by CFA Society Pakistan
United Bank Limited secures the Best Corporate Finance House of the Year 2024 – Fixed Income award from CFA Society Pakistan, reflecting its leadership in fixed-income strategy, market expertise, and financial sector innovation.
NIBAF Hosts Two-Day Prudential Regulations Training for Pak-China Investment Company’s MTOs
NIBAF Pakistan organized a two-day training on “Prudential Regulations – Corporate/Commercial Banking” for Pak-China Investment Company Limited’s MTOs, led by trainer Sayed Mahtab Haider, focusing on regulatory compliance and sound financial practices.
Federal Government Appoints Navaid Hasib Malik to National Bank of Pakistan Board
The National Bank of Pakistan has appointed Navaid Hasib Malik as Director on its Board, following approval from the Federal Government and clearance by the State Bank of Pakistan. Malik’s inclusion strengthens NBP’s leadership and governance framework as the bank continues its strategic evolution in Pakistan’s financial sector.
NIBAF Strengthens Compliance Knowledge with Training on SBP Regulations for Commercial Remittances
NIBAF Pakistan conducted a focused training session on SBP Regulations for Commercial Remittances on October 21, 2025, in Karachi. Led by Mr. Ejaz Ahmed Qadri, the program enhanced participants’ understanding of regulatory frameworks, compliance standards, and best practices for cross-border transactions.
NIBAF Launches Inaugural Internal Audit Certification Program to Advance Technological Excellence in Banking
The National Institute of Banking and Finance (NIBAF) has successfully launched its first Internal Audit Certification Program, empowering audit professionals from commercial banks and the State Bank of Pakistan with advanced skills in AI, RPA, cybersecurity, and fintech risk management.
Bank of Khyber’s Record Growth Highlights KP Government’s Vision and Transparent Leadership
The Bank of Khyber posts record share growth and upgraded credit rating, reflecting the KP government’s integrity-driven approach and modern banking reforms under Chairman Ikramullah and MD Hassan Raza.