Pakistan Banks Return Unclaimed Deposits to SBP for Public Access and Refunds
Thirteen commercial banks in Pakistan have surrendered dormant accounts to the State Bank of Pakistan, allowing citizens and heirs to reclaim unclaimed deposits through a streamlined verification and refund process.
Habib Bank Transfers Nearly 4 Million Shares to Employees Under Deferred Compensation Program
Habib Bank Limited credits 3,965,914 shares to employees under its Risk Aligned Remuneration Policy, ensuring compliance with PSX regulations and Securities Act 2015, enhancing long-term incentive alignment.
BISP Transitions to Fully Digital Payments for 10 Million Women with Mobile Wallet Accounts
Over 10 million women under Pakistan’s Benazir Income Support Programme have received mobile wallet accounts, enabling digital cash transfers and reducing reliance on agents, with full digital payments targeted by June 2026.
PSX Surges 1.49% as Banking Sector Drives Market Recovery Amid Improved Economic Sentiment
The Pakistan Stock Exchange surged 1.49% as the banking sector led a strong recovery, supported by a current account surplus, rising technology exports, and easing geopolitical tensions, signaling improved investor sentiment.
Bank of Khyber Ranked Among Asia-Pacific’s Top Performing Banks in Q3 2025
Bank of Khyber has been ranked second among Asia-Pacific’s top performing banks in Q3 2025 by S&P Global Market Intelligence, highlighting its strong financial performance, strategic resilience, and leadership in Pakistan’s banking sector.