UBL Reports 89% Profit Surge to Rs35.36 Billion in Q3 2025 on Strong Interest Income
United Bank Limited posted an 89% year-on-year profit growth to Rs35.36 billion in Q3 2025, driven by strong interest income and improved spreads, as the bank announced an interim cash dividend of Rs8 per share.
At-Tahur Limited resumes normal banking operations after debit block removal
At-Tahur Limited (PREMA) announced that the debit block on its bank accounts has been lifted, allowing the company to resume normal banking and financial operations after the removal of all restrictions.
SBP Grants In-Principle Approval to Samba Bank for Islamic Banking Transformation
The State Bank of Pakistan has given in-principle approval to Samba Bank to begin Shariah-compliant operations, marking a major step in its planned transition from conventional banking to a fully Islamic bank.
UBL Upgrades Basic Accounts to Mukammal to Offer Customers Expanded Free Banking Services
United Bank Limited is converting all Basic Banking Accounts to Mukammal Current Accounts starting October 15, 2025, providing customers with more free services, zero balance requirements, and enhanced digital banking benefits.
Banking sector expected to deliver strong double-digit returns through 2026 amid easing rates and digital expansion
Pakistan’s banking sector is set to maintain strong performance through 2026 as easing monetary conditions, deposit growth, and digital transformation drive earnings momentum, with major banks projected to deliver double-digit returns.
Imtiaz Mehmood appointed as CIO to lead JS Bank’s digital transformation
JS Bank appoints Imtiaz Mehmood as Chief Information Officer to accelerate its digital transformation journey, strengthening its position as a future-ready, technology-driven financial institution.
Al Baraka Bank CEO Muhammad Atif Hanif Honored with Token of Appreciation by Senate Chairman at Pakistan Business Summit 2025
Muhammad Atif Hanif, CEO of Al Baraka Bank (Pakistan) Limited, was recognized with a Token of Appreciation by Senate Chairman Syed Yusuf Raza Gillani at the Pakistan Business Summit 2025 for his leadership in promoting Islamic finance and sustainable banking in Pakistan.
Pakistan to Privatise 82% Stake in First Women Bank as UAE Firm Secures Majority Ownership
Pakistan is set to privatise its 82.64% stake in First Women Bank Limited through a G2G deal with a UAE-based firm, marking a significant step in the country’s privatisation programme aimed at revitalising state-owned institutions and attracting foreign investment.
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.
Interest rate cuts squeeze revenue and profits at Standard Chartered Pakistan
Standard Chartered Pakistan posts lower earnings for H1 2025 as rapid interest rate declines hit net interest income, despite growth in non-funded revenue streams.