SBP Governor Charts Digital and Inclusive Future at 10th Pakistan Banking Awards
Coverage of the 10th Pakistan Banking Awards in Karachi, where the SBP Governor outlined the transformation roadmap for Pakistan’s banking sector with a focus on digitalization, AI-driven risk models, climate finance, and SME inclusion.
Pakistan Banking Awards 2025 Marks a Decade of Recognizing Excellence Across the Financial Sector
The Pakistan Banking Awards 2025 celebrates its 10th edition, honoring financial institutions demonstrating leadership, innovation, and excellence across Pakistan’s evolving banking ecosystem.
Meezan Bank Wins ‘Best Bank of the Year’ Award for Sixth Consecutive Year at CFA Society Pakistan’s Annual Excellence Awards
Meezan Bank was named ‘Best Bank of the Year – Large Size Banks’ by CFA Society Pakistan for the sixth consecutive year, recognizing its exceptional leadership and innovation in the Islamic banking sector. The prestigious award highlights Meezan Bank’s commitment to excellence in Islamic finance and its contributions to Pakistan’s banking industry.
Meezan Bank and TCS Join Hands to Facilitate Bike Ijarah Financing for Couriers
Meezan Bank has signed an MoU with TCS Private Limited to introduce Bike Ijarah financing for TCS couriers. The partnership aims to enhance operational efficiency, promote financial inclusion, and empower employees through Shariah-compliant financial solutions.
Meezan Bank and Mastercard Enhance Cross-Border Payment Experience with “Spend Big, Win Big” Campaign
Meezan Bank, Pakistan’s premier Islamic bank, partnered with Mastercard to launch the “Spend Big, Win Big” campaign, aimed at encouraging international digital spending through Meezan Mastercard Debit Cards. The campaign not only rewarded customers with exciting prizes but also strengthened the bank’s focus on secure, seamless, and Shariah-compliant cross-border payments.
Meezan Bank Reports Rs70.5 Billion Profit for Nine Months of FY25 Amid Market Challenges
Meezan Bank Limited reported a net profit of Rs70.5 billion for the first nine months of FY25, reflecting a 10% year-on-year decline due to lower yields and higher credit loss provisions. Despite the dip, the bank maintained strong resilience through robust treasury operations and foreign exchange gains.
Pakistan Stock Market Ends Week Lower Amid Profit-Taking, Tariff Uncertainty, and Weak Earnings
The Pakistan Stock Exchange (PSX) ended the week on a cautious note as the KSE-100 Index slipped 502 points or 0.31% week-on-week, weighed down by profit-taking, regulatory uncertainty following NEPRA’s tariff revisions, and weak corporate earnings. Despite the decline, strong treasury performance and a current account surplus provided some macroeconomic stability.
Book Chronicling Meezan Bank’s Remarkable Journey Launched in Lahore
A new book, “Unconventional – The Bank No One Saw Coming,” authored by Sibtain Naqvi, chronicles Meezan Bank’s journey under the visionary leadership of Irfan Siddiqui. The launch in Lahore highlighted the bank’s transformation into Pakistan’s largest Islamic bank and its enduring legacy of ethics and excellence.
Meezan Bank Posts 11% Decline in Q3CY25 Profit Amid Rising Costs and Lower Income
Meezan Bank Limited, Pakistan’s largest Islamic bank, reported an 11% year-on-year decline in profit after tax for the third quarter of CY25, citing higher operating expenses and lower net returns.
SBP and Industry Leaders Unite to Drive Islamic and Digital Banking Evolution in Pakistan
Senior officials from the State Bank of Pakistan and leading bankers have called for stronger collaboration to accelerate the digital and Islamic banking transformation in Pakistan. Speaking at the “NextGen Islamic Banking in Pakistan – 2025” forum, they emphasized innovation, regulatory alignment, and partnership-driven growth to shape a Shariah-compliant digital financial ecosystem.