Meezan Bank Reaches $2 Billion Market Cap, Reinforcing Strength of Pakistan’s Islamic Finance Sector
Meezan Bank has achieved a significant milestone by crossing a $2 billion market capitalization on the Pakistan Stock Exchange, underscoring the growth of Islamic banking and investor confidence in Pakistan’s financial landscape.
Pakistan Banks Association Marks World MSME Day by Championing Small Businesses and Digital Empowerment
On World MSME Day, the Pakistan Banks Association highlights the resilience and innovation of Pakistan’s MSME sector and reiterates the banking industry’s commitment to support small businesses through finance, digital solutions, and partnerships.
ACE Money Transfer CEO Engages Pakistan’s Leadership to Boost Legal Remittances and Drive Financial Digitization
ACE Money Transfer CEO Rashid Ashraf holds high-level talks with Pakistan’s senior ministers to advance legal remittance flows, financial digitization, and structured incentives aimed at strengthening the nation’s economic framework.
National Credit Guarantee Company Secures AAA Rating from PACRA, Boosting SME Credit Reform
The National Credit Guarantee Company Ltd receives AAA rating from PACRA, underlining its role in transforming SME finance access in Pakistan through innovative credit guarantees and financial infrastructure reform.
Dr. Aasim Husain Highlights Root Causes of Pakistan’s Economic Struggles at Pakistan Banking Summit 2025
At the Pakistan Banking Summit 2025, international economist Dr. Aasim Husain dissected the underlying causes of Pakistan’s persistent economic woes, pointing to population pressures, policy lapses, and debt obligations, while stressing that IMF-supported efforts still offer a viable path toward long-term resilience.
Modest Growth in SBP Reserves: A Critical Juncture for Pakistan’s Digital Economy
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a marginal increase of $46 million, reaching $11.721 billion for the week ending June 13. This modest rise leaves a significant gap against the central bank’s $14 billion target for June 30, raising questions about immediate economic stability and potential implications for the burgeoning digital finance sector.
Pakistan’s KSE-100 Rebounds with Significant Gains Amidst Global Volatility
The Pakistan Stock Exchange (PSX) witnessed a strong resurgence today, with its benchmark KSE-100 Index climbing over 600 points, signaling renewed investor confidence despite ongoing geopolitical tensions in the Middle East. This positive momentum highlights the resilience of key sectors, including those with significant digital and technological integration, amidst a fluctuating global economic climate.
Pakistan Launches First-Ever 15-Year Zero Coupon Bond, Raises Rs. 1.2 Trillion in Landmark Auction
Pakistan’s Ministry of Finance successfully raised Rs. 1.2 trillion in a landmark government bond auction, including the launch of the country’s first 15-year zero coupon bond, signaling strong investor confidence and financial sector maturity.
SBP Secures Over Rs206 Billion via Floating-Rate PIBs to Steer Liquidity and Borrowing Costs
The State Bank of Pakistan has mobilized over Rs206 billion through its latest auction of 10-year floating-rate Pakistan Investment Bonds, reflecting robust investor interest and continued efforts to regulate domestic liquidity and manage borrowing costs.
PSX Slides After Record High Amid Volatile Session: Index Closes Lower Despite Intraday Surge
The KSE-100 Index closed Thursday’s trading session with a decline despite hitting a record intraday high, as market volatility overshadowed early gains driven by post-budget sentiment and remittance inflows.