ASA International Pakistan Reports $140 Million Loan Portfolio And Nearly 800,000 Clients In H1 2026
ASA International reported strong first half 2026 performance in Pakistan, reaching a gross loan portfolio of approximately $140 million while maintaining high portfolio quality and serving nearly 800,000 clients.
Emirates NBD To Acquire HSBC Egypt Retail Banking Business, HSBC Expects $300 Million Gain
Emirates NBD Egypt has signed a definitive agreement to acquire HSBC Egypt’s retail banking business, including branches, ATMs, customers, and employees, subject to regulatory approvals.
LOLC Microfinance Bank Promotes Nizar Noor Ali Momnani As Deputy Chief Executive Officer
LOLC Microfinance Bank has promoted Nizar Noor Ali Momnani to the position of Deputy Chief Executive Officer, strengthening its leadership team for future growth.
Industry Leaders Join Money2020 Jury Panel for Banking Innovation Awards 2026
Expert judges for The Money Awards by Money20/20 outline key criteria for the Banking category focusing on measurable impact and strategic financial innovation.
BankIslami Exchange Company Receives State Bank Authorization for Business Commencement
BankIslami Pakistan announces that its subsidiary, BIPL Exchange Company, has received formal authorization from the SBP to commence foreign exchange operations.
Citi Pakistan Names Habib Yousuf as Citi Country Officer and Banking Head
Citi Pakistan has appointed Habib Yousuf as Citi Country Officer & Banking Head, effective December 15, 2025, to lead the bank’s operations, client relationships, and transformation initiatives in the country.
Standard Chartered Pakistan Partners with EMAAR for Working Capital and Mortgage Solutions
Standard Chartered Pakistan has been awarded the working capital banking mandate by EMAAR Pakistan, offering tailored mortgage and financial solutions for residents and overseas Pakistanis investing in EMAAR’s real estate projects.
BML and TAAP Sign MoU to Offer Dedicated Financial Services to Travel Industry Members
BML and TAAP have signed an MoU to provide dedicated financial services to travel industry members in Pakistan. The partnership aims to support travel agents through tailored banking solutions, enhanced credit facilities, and digital financial tools, enabling greater business growth and operational efficiency.
Sarmed Ijaz appointed as Head of Distribution at DIB Pakistan to drive growth and network expansion
Mr. Sarmed Ijaz, a seasoned banking leader with over two decades of experience, has joined Dubai Islamic Bank Pakistan Limited as Head of Distribution to strengthen its branch network and drive strategic growth across Pakistan.
Citi executives named in American Banker 2025 Most Powerful Women in Banking list
Citi leaders have been recognized on the American Banker 2025 Most Powerful Women in Banking list, celebrating their leadership, influence, and contributions to the global financial industry.