Sindh Bank Strengthens Position with ‘AA’ Long-Term Rating Upgrade
Sindh Bank’s long-term entity rating has been upgraded to ‘AA’ by VIS, reflecting improved fundamentals, strong governance, and enhanced profitability amid a challenging banking sector.
Banking Mohtasib Provides Rs 1.46 Billion Relief to Customers Amid Rising Fraud Concerns
The Banking Mohtasib Pakistan has provided Rs 1.46 billion in relief to customers by resolving over 28,700 complaints in the first ten months of 2025, while urging vigilance against financial fraud and cybercrime.
SBP Governor Highlights Pakistan’s Macroeconomic Stability and Role of Capital Markets
State Bank of Pakistan Governor Jameel Ahmad highlights the country’s progress in macroeconomic stability, reduced inflation, and strengthened fiscal buffers, emphasizing the importance of capital markets in sustainable growth.
Sindh Bank Reports Rs 2.5 Billion Pre-Tax Profit in Nine Months, Achieves Record Growth in Deposits and Advances
Sindh Bank posts a pre-tax profit of Rs 2.5 billion in nine months, marking significant growth in operating income, deposits, and advances, highlighting resilience and strong financial performance.
Faysal Bank Records PKR 32.8 Billion Profit Before Tax, Strengthening Its Position in Pakistan’s Islamic Banking Sector
Faysal Bank Limited (FBL) has reported a strong financial performance for the nine months ending September 2025, with a profit before tax of PKR 32.8 billion and net profit of PKR 15 billion. The bank’s continued growth in deposits, improved asset quality, and strong capital adequacy underscore its robust Islamic banking model and strategic foresight.
JS Bank Reports 52% Decline in 9MFY25 Profit to Rs6.09 Billion Amid Rising Costs and Lower Income
JS Bank Limited (PSX: JSBL) has reported a 52% year-on-year decline in profit for the nine months ended September 30, 2025, to Rs6.09 billion. The fall in earnings was driven by a contraction in net interest income and a sharp rise in operating expenses, despite gains from securities and higher fee-based revenues.
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.
Faysal Bank Posts Rs15.5bn Profit for 9MFY25, Announces Rs1.5 per Share Dividend
Faysal Bank Limited posted a profit after tax of Rs15.55 billion for the nine months ended September 2025, down 24% year-on-year, and declared a Rs1.50 per share dividend. Despite higher expenses and tax pressure, the bank showed strong other income growth, improved asset quality, and continued investment in its digital and Islamic banking transformation.
Habib Metropolitan Bank Records Rs17.76 Billion Profit in 9MFY25 Despite Cost Pressures and Tax Hike
Habib Metropolitan Bank Limited (PSX: HMB) posted a consolidated profit after tax of Rs17.76 billion for 9MFY25, marking a 9.7% decline year-on-year. Despite rising operating expenses and higher taxation, the bank sustained growth in non-mark-up income, driven by strong gains on securities and higher foreign exchange earnings.
Bank Islami Pakistan’s Profit Plunges 50% in 9MFY25 Amid Rising Costs and Lower Yields
Bank Islami Pakistan Limited (PSX: BIPL) reports a sharp 50% decline in profit after tax for the nine months ended September 30, 2025, driven by compressed net profit margins, higher operating costs, and lower yields, despite strong securities gains and improved fee income.