HBL Expects Net Interest Margins to Improve on Higher Lending Rates in 2026
Habib Bank Limited expects net interest margins to improve in Q3CY26 as lending rates reprice following the 100 basis point rate hike, while deposits continue to grow.
Meezan Bank Targets Shariah-Compliant Card Launch in 2027, Plans 1,250 Branches
Meezan Bank plans to launch two Shariah-compliant card products in 2027 and expand its branch network to 1,250 locations by year-end while increasing its focus on SME financing.
Pakistan Banking Awards 2026 Opens Registrations to Individuals for 11th Edition
Pakistan Banking Awards 2026 opens registrations to individuals for the 11th edition, scheduled for August 21 in Karachi to recognise achievements across Pakistan’s banking and financial sector.
State Bank of Pakistan Injects Rs3.27 Trillion Into Market Through Open Market Operations
State Bank of Pakistan injected Rs3.27 trillion into the market through conventional reverse repo and Shariah compliant Modarabah based Open Market Operations, with Rs2.65 trillion provided through conventional operations and Rs620 billion through Islamic liquidity operations.
SBP Reserves Rise to $17.04 Billion as Pakistan’s Total Foreign Exchange Reserves Increase
State Bank of Pakistan foreign exchange reserves increased by $13.1 million to $17.04 billion in the week ended July 31, 2026, while total reserves reached $22.47 billion.
MCB Bank Reports Rs28.10 Billion H1 Profit, Declares Rs9 Per Share Dividend
MCB Bank reported consolidated profit after taxation of Rs28.10 billion for the six months ended June 30, 2026, down 4.4% year on year, while total income increased 5.5% and the bank declared an interim cash dividend of Rs9 per share.
Faysal Bank Reports Rs10.35 Billion H1 Profit, Declares Rs1.50 Per Share Dividend
Faysal Bank reported consolidated profit after taxation of Rs10.35 billion for the half year ended June 30, 2026, broadly stable year on year, while total income increased 7.8% and the bank declared an interim cash dividend of Rs1.50 per share.
Meezan Bank H1 Profit Rises 3% to Rs48.64 Billion, Declares Rs8 Per Share Dividend
Meezan Bank reported a 3.18% increase in consolidated profit after taxation to Rs48.64 billion for the six months ended June 30, 2026, while the bank announced an interim cash dividend of Rs8 per share.
Bank of Punjab Receives SBP Approval to Establish Overseas Wholesale Banking Unit in Bahrain
Bank of Punjab has received in-principle approval from the State Bank of Pakistan to establish an Overseas Wholesale Banking Unit in Bahrain, subject to regulatory clearances from Pakistan and Bahrain.
SBP Raises Rs939.11 Billion Through Market Treasury Bills Auction as Yields Ease
State Bank of Pakistan raised Rs939.11 billion through the August 5 Market Treasury Bills auction, with Rs2.29 trillion in bids received across four tenors and yields declining on three maturities.