PBA Constitutes New Executive Committee, Zafar Masud Elected Chairman
The Pakistan Banks Association has announced a new 16-member Executive Committee, with Zafar Masud elected as Chairman, reinforcing the association’s focus on inclusivity, digital innovation, and sustainable economic growth.
Pakistan Banking Sector Fuels Economic Recovery with Rs 1.5 Trillion Private Credit Surge
Pakistan’s banking sector has emerged as a key driver of economic recovery, with private sector lending reaching Rs 1.5 trillion in FY26, boosting manufacturing growth, SME financing, and agricultural credit.
Zarkhez-e Platform Launched to Digitize Agriculture Finance and Support Small Farmers in Pakistan
The Finance Division, SBP, and PBA have launched Zarkhez-e, a digital platform enabling farmers to access financing of up to Rs1 million, along with advisory services, to boost productivity and financial inclusion.
Zarkheze Platform Launched to Digitise Agricultural Finance and Support Small Farmers in Pakistan
Pakistan’s Finance Division, SBP and PBA have launched Zarkheze, a digital platform designed to expand formal agricultural credit, improve productivity and support small farmers through technology-driven financing.
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.
President’s Rulings on Banking Appeals Declared Final, Reinforcing Legal Authority of Banking Mohtasib
Legal Adviser to the President of Pakistan, Justice (Retd) Irfan Qadir, reaffirmed that the President’s decisions on appeals against the Banking Mohtasib’s rulings are final and cannot be challenged in court, marking a strong stance on upholding accountability and trust in Pakistan’s financial justice framework.
Deadline Extended for Scam Awareness Media Competition as Pakistan Banks Association Joins as Patron
The Scam Awareness Media Competition, spearheaded by KSBL, JazzCash, and Mobilink Bank, has extended its submission deadline to 19th October 2025. The Pakistan Banks Association has joined as patron, further strengthening the nationwide campaign to combat scams and raise financial awareness.
Pakistan Secures Rs1.2 Trillion Bank Financing Deal to Tackle Circular Debt Crisis
Pakistan’s banking industry has finalized a record Rs1.225 trillion financing and restructuring deal to address circular debt, the largest transaction in the nation’s history. The agreement with 18 banks restructures loans and clears overdue payments, aiming to restore fiscal discipline, ease the energy sector burden, and inject liquidity into priority sectors.
Pakistan’s Banking Sector Drives Landmark Rs. 1.225 Trillion Circular Debt Resolution to Bolster Economic Stability
Pakistan’s banking industry, led by the Pakistan Banks Association, has finalized a historic Rs. 1.225 trillion circular debt restructuring deal to stabilize the energy sector and ease fiscal pressure on the economy.
SECP Issues Circular to Standardize Corporate Bank Account Opening
The Securities and Exchange Commission of Pakistan (SECP) has introduced a standardized board resolution format for corporate bank account openings, aiming to reduce compliance delays, improve transparency, and accelerate digital transformation in the financial sector.