LOLC Microfinance Bank Secures Top Spot in SBP’s Agriculture Credit Scoring Model
LOLC Microfinance Bank Limited has achieved first position in the State Bank of Pakistan’s Agriculture Credit Scoring Model for FY25, highlighting its commitment to empowering farmers, driving financial inclusion, and supporting sustainable rural growth.
Noman Azhar of Zindigi Named Among “Top 50 CEOs Under 50” at Commonwealth Business Excellence Awards
Noman Azhar, Chief Officer of Zindigi powered by JS Bank, has been recognized among the “Top 50 CEOs Under 50” at the Commonwealth Business Excellence Awards for his leadership in digital banking and financial inclusion.
SBP Opens Public Consultation on Draft Consumer Protection Regulations
The State Bank of Pakistan (SBP) has released a draft consumer protection framework for public consultation, aiming to enhance fairness, transparency, and accountability in financial services. Feedback is open until September 30, 2025.
MCB Bank and NayaPay Join Forces to Digitize Remittances for Overseas Pakistanis
MCB Bank has partnered with NayaPay to streamline and digitize the home remittance process for overseas Pakistanis, combining MCB’s remittance network with NayaPay’s digital wallet platform to deliver faster and more accessible financial services.
Mobilink Bank and SECP Partner to Digitize Corporate Banking in Pakistan
Mobilink Microfinance Bank Limited (MMBL) has signed an MoU with the Securities and Exchange Commission of Pakistan (SECP) to digitize and simplify corporate bank account opening for SECP-registered companies, advancing corporate governance and ease of doing business.
SBP Grants 1LINK Designated Payment System Status to Strengthen Pakistan’s Digital Economy
The State Bank of Pakistan has officially designated 1LINK as a Payment System Operator under the Payment Systems & Electronic Funds Transfer Act, 2007, marking a milestone in advancing digital payments and financial inclusion.
Bank of Punjab Posts 278% Surge in Operating Profit for 1H 2025, Announces First-Ever 10% Cash Dividend
The Bank of Punjab (BOP) reported record-breaking results for the first half of 2025 with a 278% growth in operating profit, doubling pre-tax earnings, and announcing its first-ever 10% interim cash dividend, while expanding its role in financial inclusion and government-backed initiatives.
SBP Designates 1LINK as Official Payment System Operator
The State Bank of Pakistan has designated 1LINK as an official payment system operator, reinforcing its role as a core player in Pakistan’s digital finance infrastructure. The move strengthens oversight and promotes secure, efficient, and inclusive financial services.
Punjab Provincial Cooperative Bank Partners with TouchPoint to Enhance ATM Services
Punjab Provincial Cooperative Bank Limited has signed an agreement with TouchPoint to strengthen its ATM services, aiming to improve reliability, uptime, and customer satisfaction while advancing its digital banking strategy.
FBR’s Rs200,000 Cash Limit to Push Retailers and E-Commerce Towards Digital Payments
FBR has capped cash transactions at Rs200,000, including e-commerce CoD orders. The move is set to push retailers and consumers toward digital payments and financial inclusion.