Bank of Punjab Board Extends Zafar Masud Term as President and CEO for One Year
The Bank of Punjab Board of Directors has approved a one-year contract extension for President and CEO Zafar Masud following a notification from the Punjab Finance Department.
SECP Mandates UBO Disclosures to Align Pakistan Banking and Corporate Governance with IMF Standards
The SECP has launched a nationwide drive requiring companies to disclose Ultimate Beneficial Owners by April 30, 2026, to curb illicit financial flows and meet IMF benchmarks.
NIBAF Pakistan Announces Comprehensive Regulatory Compliance Training for Financial Sector
NIBAF Pakistan launches Compliance 360 professional training in Karachi led by CAMS expert Usman Ali Khan to navigate the national regulatory landscape.
Askari Bank Appoints Umar Hafeez Dar as Regional General Manager for Sahiwal
Askari Bank names Umar Hafeez Dar as the new Regional General Manager for Sahiwal to lead retail banking operations and regional business development.
BankIslami Pakistan Appoints Majid Ali Syed as Chief Financial Officer
BankIslami Pakistan Limited names industry veteran Majid Ali Syed as CFO to lead financial transformation and strategic growth initiatives.
Soneri Bank Approves 2025 Financial Results and 15 Percent Cash Dividend at 34th AGM
Soneri Bank reports Rs 4.558 billion profit after tax for 2025 and announces a 15 percent cash dividend following its 34th Annual General Meeting in Lahore.
Amin A Feerasta Re-elected as Soneri Bank Chairman for Three Year Term
Soneri Bank Limited announces the re-election of Amin A Feerasta as Chairman of the Board for a new three-year term following a recent board meeting and PSX filing.
State Bank of Pakistan Clarifies No Ban on Fresh Currency Notes for Eid-ul-Fitr 2026
State Bank of Pakistan rejects viral notice claiming fresh currency notes will not be issued for Eid-ul-Fitr 2026 and urges the public to rely only on official press releases for verification.
Samba Bank to Redeem Rs 5 Billion Tier-II Term Finance Certificates on March 2, 2026
Samba Bank announces exercise of call option on Rs 5 billion Tier-II TFCs, with full principal and accrued profit redemption scheduled for March 2, 2026, following approvals from the board and State Bank of Pakistan.
Habib Bank Credits Nearly 3 Million Shares to Employees Under Risk-Aligned Remuneration Program
Habib Bank Limited transfers 2,956,257 shares to employees’ CDC accounts under its Risk Aligned Remuneration Policy, marking the annual vesting of deferred compensation for Material Risk Takers, Controllers, and senior management.