Habib Metropolitan Bank Reports Slight Half-Year Profit Growth Despite Higher Expenses
Habib Metropolitan Bank reported a marginal 0.36% rise in half-year profit to Rs12.01 billion, supported by higher interest and non-interest income, but weighed down by rising operating expenses and taxes.
Allied Bank and LUMS Join Forces to Advance Blockchain Research and Talent Development in Pakistan
Allied Bank partners with LUMS’ CeDAR to drive blockchain research, pilot digital asset initiatives, and develop future talent, marking a strategic step in advancing Pakistan’s digital finance landscape.
Bank Alfalah Posts PKR 15.27 Billion Profit in 1H 2025, Focuses on Digital Growth and Strategic Lending
Bank Alfalah reported PKR 15.27 billion profit after tax for the first half of 2025, maintaining strong capital reserves and advancing its strategy in corporate, SME, and digital banking growth despite market challenges.
FBR Amends Banking Schedule to Streamline Taxable Income Reporting for Banks
The Federal Board of Revenue (FBR) has amended the banking schedule of the Income Tax Ordinance 2001 to align banking income with taxable income, introducing provisions on rental expenses, bad debts, and compliance requirements effective July 1, 2025.
Pakistan’s Banking Sector Orchestrates Historic Rs 1.3 Trillion Financial Deal to Tackle Circular Debt
Pakistan’s banking industry plays a pivotal role in structuring the largest-ever Rs 1.3 trillion financial deal to address the country’s circular debt, with experts emphasizing the need for billing, governance, and collection reforms for long-term stability.
BML Posts First Half-Year Pre-Tax Profit of PKR 1.44 Billion After Over a Decade
BML has reported its first half-year pre-tax profit in over a decade, posting PKR 1.44 billion for the period ending June 30, 2025, driven by strategic restructuring and improved operations.
HBL Reports 30% Surge in Half-Yearly Profit Before Tax, Advances Client-Centric Innovations and Inclusive Finance
HBL posts a 30% YoY rise in profit before tax for H1 2025, reaching Rs 75.3 billion. Backed by a strategic focus on client-centric growth, AI-driven engagement, and inclusive financing models, the bank continues to lead innovation in Pakistan’s banking sector.
Bank Alfalah Announces Rs2.5 Per Share Dividend Despite 25.8% Drop in Half-Year Profit
Bank Alfalah Limited has declared a Rs2.5 per share cash dividend for the first half of 2025, despite a 25.8% year-on-year drop in profit after tax, reflecting strong non-markup income growth but rising operational costs.
State Bank of Pakistan Raises Special Cash Reserve Account Rate to 3.35% for August 2025
The State Bank of Pakistan (SBP) has revised the Special Cash Reserve Account (US$) rate upward to 3.35% for August 2025, reflecting its ongoing adjustments to monetary instruments under FE Circular 25 of 1998.
Rethinking the Criticism: Why Banks Prefer Government Lending Amid Pakistan’s Economic Realities
Furqan Ali critiques the widespread perception of opportunism in Pakistan’s banking sector, arguing that reliance on government lending is a calculated response to deeper structural flaws. He urges for major public finance and economic reforms to enable a more balanced credit environment.