Meezan Bank Targets Shariah-Compliant Card Launch in 2027, Plans 1,250 Branches
Meezan Bank plans to launch two Shariah-compliant card products in 2027 and expand its branch network to 1,250 locations by year-end while increasing its focus on SME financing.
Pakistan Banks Likely To Continue Relying On Government Borrowing For Profits
Pakistan’s banking sector is expected to remain heavily invested in government securities during FY2027 as private sector lending opportunities remain limited despite calls to expand SME financing.
Pakistan Banks Continue Focusing On Government Borrowing As Private Sector Lending Slows
A new report says Pakistan’s banks remain heavily invested in government securities despite calls to expand lending to SMEs and the private sector, with private credit expected to remain under pressure.
Prime Minister Shehbaz Sharif Approves Framework and Bank Scoring System to Boost SME Credit
Prime Minister Shehbaz Sharif approves a performance-based scoring mechanism and a three-tier governance structure to track bank lending and boost SME credit to Rs2 trillion by 2028.
Pakistan Finance Minister Launches Steering Committee for Access to Finance Plan 2026-2028
Federal Minister Muhammad Aurangzeb chairs the inaugural Access to Finance Steering Committee meeting to drive SME, agriculture, and IT credit expansion.
Pakistan Accelerates Access to Finance Plan to Boost Digital Banking and SME Growth
The federal government speeds up the Prime Minister’s Access to Finance Plan 2026-28 to expand credit access for SMEs, tech sectors, and green energy.
State Bank of Pakistan Introduces Dedicated Startup Category under Revised SME Prudential Regulations
SBP updates Prudential Regulations for SME Financing, defining startups and raising turnover thresholds to improve formal credit access for early stage businesses.
Mobilink Bank Secures Three International FinanceAsia Accolades For Digital Inclusivity And Tech Innovation
Mobilink Bank achieves top honors at the FinanceAsia Awards twenty-six securing recognition as Pakistan best digital bank and premier institution for financial inclusion.
Pakistan Banks Association Chairman Outlines Five Point Structural Reform Plan to Unlock SME Credit Potential
Pakistan Banks Association Chairman Zafar Masud highlights that five million small and medium enterprises generate forty percent of the national gross domestic product.
SMEDA Launches Free Financial Literacy Program for Hyderabad SMEs
The Small and Medium Enterprises Development Authority launches a free training session on bankability and financial literacy for businesses in Hyderabad.