APNA Microfinance Bank Receives SBP Nod for Due Diligence by Mobilink Ahead of Potential Merger
APNA Microfinance Bank obtains State Bank of Pakistan approval for due diligence by Mobilink Microfinance Bank, marking the preliminary stage of a possible merger or acquisition, valid until April 6, 2026.
SBP Allows Mobilink Bank to Begin Due Diligence on Apna Microfinance Bank
The State Bank of Pakistan has permitted Mobilink Bank to conduct due diligence on Apna Microfinance Bank, marking an early regulatory step toward a potential merger under the Banking Companies Ordinance.
Bank Alfalah Gets SBP, Afghan Central Bank Approval to Advance Sale of Afghanistan Business
Bank Alfalah Limited receives in-principle approvals from SBP and the Central Bank of Afghanistan, allowing Ghazanfar Bank to begin due diligence for the acquisition of its Afghanistan operations.
Federal Government Appoints Navaid Hasib Malik to National Bank of Pakistan Board
The National Bank of Pakistan has appointed Navaid Hasib Malik as Director on its Board, following approval from the Federal Government and clearance by the State Bank of Pakistan. Malik’s inclusion strengthens NBP’s leadership and governance framework as the bank continues its strategic evolution in Pakistan’s financial sector.
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.