Soneri Bank and Visa Forge Strategic Alliance to Advance Pakistan’s Digital Payments Landscape
Soneri Bank has entered into a strategic partnership with Visa to expand Pakistan’s digital payments infrastructure, drive financial inclusion, and enhance secure and seamless payment experiences for consumers.
BankIslami and EFU Life Strengthen Partnership to Promote Shariah-Compliant Protection and Savings
BankIslami and EFU Life Assurance Ltd. have reinforced their partnership to offer Shariah-compliant protection and savings solutions, including EFU Takaful Spiritual Journey Plan and WIN Savings Plan, promoting financial inclusion in Pakistan.
First Women Bank Limited Integrates with 1GO Raast P2M Service to Empower Merchants
First Women Bank Limited has joined the 1GO Raast P2M platform, enabling merchants across Pakistan to accept digital payments seamlessly, enhancing financial inclusion and streamlining transactions.
Bank Alfalah Partners with CDA to Launch Pakistan’s First Cashless Model City Initiative
Bank Alfalah has joined forces with the Capital Development Authority (CDA) to implement a cash‑less payment system in Islamabad, marking a milestone in Pakistan’s digital finance landscape.
NIBAF Hosts Women Leadership Workshop to Cultivate Transformational Leaders in Pakistan’s Financial Sector
NIBAF Pakistan hosted a two-day Women Leadership Workshop at its Karachi Campus, empowering women professionals from SBP, commercial banks, and financial institutions to strengthen leadership skills, drive transformation, and create lasting impact in Pakistan’s financial sector.
Bank Alfalah Commits PKR 14.6 Million to Support Breast Cancer Treatment and Awareness Across Pakistan
Bank Alfalah has pledged PKR 14.6 million to support breast cancer patients in partnership with Indus Hospital and Cancer Foundation Hospital, reinforcing its commitment to healthcare, awareness, and social responsibility across Pakistan.
Bank of Khyber’s Profit Soars 89% in 9MCY25 on Strong Treasury Gains and Interest Margin Growth
The Bank of Khyber (BOK) posted an 89% jump in profit after tax to Rs4.97 billion for 9MCY25, driven by strong treasury income, improved net interest margins, and disciplined cost management, marking a standout performance in Pakistan’s banking sector.
Pakistan’s Business Confidence Index Declines to 55.1 Amid Slowing Industrial and Services Sentiment
The State Bank of Pakistan and IBA’s latest Business Confidence Survey shows the BCI falling to 55.1 in October 2025 amid weaker industrial activity and hiring trends, though future expectations remain positive, signaling cautious optimism for Pakistan’s economic recovery.
Pakistan Accelerates Cashless Transition as Government Pushes for Digital Economic Reforms
The government of Pakistan is accelerating its shift toward a cashless economy through the Cashless Pakistan Initiative, focusing on digital payments, financial inclusion, and infrastructure reforms. Advisor to the Finance Minister Khurram Schehzad highlighted new milestones, including expanded Raast adoption and nationwide internet facilitation, at the 5th Pakistan Future of Retail Business Summit in Karachi.
SBP and NIBAF Advance Financial Literacy Integration into Education System under PM’s Roadmap
The State Bank of Pakistan (SBP), through its training arm NIBAF-Pakistan, achieved a key milestone under the Prime Minister’s Emergency Roadmap Directive No. 13 with a consultative workshop on the Financial Literacy Integration Project (FLIP), aiming to embed financial education into Pakistan’s national and provincial curriculums.