PSX Explores Further NCCPL Share Acquisition After SECP Foreign Ownership Amendments
Pakistan Stock Exchange is engaging existing shareholders of NCCPL to explore acquiring additional shares following SECP amendments that increased permissible foreign shareholding limits.
Future of Finance Summit 2026 to Bring Financial Leaders Together in Karachi
The Future of Finance Summit 2026 Karachi Edition will bring regulators, policymakers, financial experts and digital leaders together to discuss financial transformation, innovation and sustainable value creation.
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.
Government Raises Rs170.98 Billion Through Hybrid Sukuk Auction Against Rs125 Billion Target
The Government of Pakistan raised Rs170.976 billion through its latest Hybrid Sukuk auction conducted via the Pakistan Stock Exchange, exceeding the combined pre-auction target of Rs125 billion amid strong demand for both fixed-rate and variable rental rate instruments.
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.
Rehmat Ali Hasnie Reappointed as National Bank of Pakistan President for Two Weeks
The Government of Pakistan has reappointed Rehmat Ali Hasnie as President and Chief Executive Officer of National Bank of Pakistan for two weeks from August 7, 2026, or until a new president assumes office.
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.
KSE-100 Surges Nearly 2,932 Points As Broad Based Buying Drives PSX Rebound
Pakistan Stock Exchange rebounded strongly as the KSE-100 Index gained 2,931.71 points to close at 180,014.93, led by commercial banks, fertilizer, cement and energy stocks.
SECP Forms High Level Working Group To Reform Pakistan’s Corporate Debt Market
Securities and Exchange Commission of Pakistan has formed a high level working group to reform the corporate debt market by reducing issuance costs and timelines, improving credit ratings and expanding participation.