Meezan Bank and VizPro Collaborate to Launch Digital Supply Chain Financing in Pakistan
Meezan Bank and VizPro sign an MoU to launch Digital Supply Chain Financing in Pakistan. The initiative will offer retailers Shariah-compliant financing through a fully digital process, strengthening the SME and retail ecosystem with technology-driven solutions.
PBA Chairman Zafar Masud Welcomes Prince Mansour bin Mohammad Al Saud, Strengthening Saudi-Pakistan Economic Ties
Zafar Masud, Chairman of Pakistan Banks’ Association, welcomed Prince Mansour bin Mohammad Al Saud and the Saudi-Pakistan Joint Business Council delegation during their visit to Pakistan, emphasizing the strategic importance of Saudi-Pakistan economic relations and the critical role of the banking sector in fostering growth and investment.
Breaking Barriers: Why Pakistan’s SMEs Struggle Despite Driving the Economy
Pakistan’s SMEs contribute nearly 40% to GDP and employ the majority of the non-agricultural workforce, yet remain stuck due to poor access to credit and weak legal enforcement. Outdated collateral-driven lending and slow recovery frameworks are holding back growth, highlighting the urgent need for financing reforms and targeted legal changes.
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.
Pakistan’s Banking Sector Backs Federal Budget 2025–26 with Transformative Support for Inclusive Growth
The banking industry, led by the Pakistan Banks Association, has endorsed the Federal Budget 2025–26, playing a pivotal role in supporting initiatives aimed at circular debt resolution, rural financing, SME growth, affordable housing, green mobility, and skills development.
State Bank of Pakistan Seeks Public Input on Revamped Prudential Regulations for SME Financing
The State Bank of Pakistan has released a draft of revised Prudential Regulations for SME financing, inviting public consultation to enhance financial inclusion, support fintech integration, and improve access to credit for small and medium enterprises.