Pakistan Sees Mobile Banking Users Surge Past 22 Million as Digital Adoption Accelerates
A new report by the State Bank of Pakistan reveals that mobile banking users have jumped by 33% to reach 22.39 million, highlighting the country’s rapid shift toward digital financial services and growing trust in mobile platforms.
Bank of Punjab Joins Hands with Surfin Meta to Advance AI-Powered Digital Banking in Pakistan
The Bank of Punjab has signed an MoU with Singapore-based Surfin Meta to explore AI-driven credit scoring, digital onboarding, and advanced merchant solutions, marking a strategic move to elevate digital banking in Pakistan.
HugoBank names Asim Hasan Acting CEO as digital bank readies pilot launch in Pakistan
HugoBank announces a leadership change with Asim Hasan taking over as Acting CEO as the digital bank prepares to launch its pilot phase in Pakistan, marking a critical step for the country’s growing fintech landscape.
Neem partners with HBL to secure $4 million credit line, expands Shariah-compliant earned wage access across Pakistan
Neem has secured a credit line of up to $4 million from HBL to scale its Shariah-compliant earned wage access platform, Neem Paymenow, aiming to boost financial dignity and resilience for Pakistan’s salaried workforce.
Meezan Bank Reaches $2 Billion Market Cap, Reinforcing Strength of Pakistan’s Islamic Finance Sector
Meezan Bank has achieved a significant milestone by crossing a $2 billion market capitalization on the Pakistan Stock Exchange, underscoring the growth of Islamic banking and investor confidence in Pakistan’s financial landscape.
Pakistan’s Digital Payments Soar in Q3 FY25 with Over 2 Billion Transactions: SBP Report
The State Bank of Pakistan reports over 2 billion digital transactions in Q3 FY25, reflecting strong growth in mobile, wallet, and e-commerce payments as part of the country’s digital financial transformation.
FPCCI and SECP Collaborate to Drive Corporatization and Boost Economic Growth in Pakistan
The FPCCI and SECP held a joint seminar in Lahore to promote corporatization, streamline regulatory compliance, and strengthen Pakistan’s business environment, with an emphasis on financial inclusion and corporate governance.
National Credit Guarantee Company Secures AAA Rating from PACRA, Boosting SME Credit Reform
The National Credit Guarantee Company Ltd receives AAA rating from PACRA, underlining its role in transforming SME finance access in Pakistan through innovative credit guarantees and financial infrastructure reform.
NIBAF Hosts Intensive Training on Islamic Microfinance Product Development in Islamabad
NIBAF Pakistan conducted a three-day training on Islamic microfinance and product development at its Islamabad Campus, led by experts Waqar Ahmed and Hassan Warraich, to strengthen Shariah-based financial inclusion.
Faysal Bank Clinches Top Honor for Best Digital Marketing Campaign at Pakistan Digital Awards 2025
Faysal Bank Limited has secured the “Best Digital Marketing Campaign of the Year” award at the Pakistan Digital Awards 2025 for its impactful Roshan Digital Account campaign aimed at overseas Pakistanis, reinforcing its leadership in digital innovation and customer engagement.