Standard Chartered Pakistan Reports 23% Drop in H1 2025 Profit Amid Rising Costs and Sector Pressures
Standard Chartered Pakistan reported a 23% decline in profit for H1 2025, posting Rs 16.56 billion net earnings. The bank faced lower interest income and higher costs but declared a 35% interim dividend, highlighting resilience in a challenging banking environment.
PBA and SECP Host Consultative Workshop to Strengthen Bank-Capital Market Collaboration
PBA and SECP held a consultative workshop in Karachi on unlocking capital market potential for banks, with Finance Minister Muhammad Aurangzeb as Chief Guest. Industry leaders and regulators discussed strengthening collaboration, diversifying financing avenues, and fostering sustainable economic growth.
Standard Chartered Pakistan to Temporarily Suspend Credit Card Services for Scheduled Maintenance
Standard Chartered Pakistan will temporarily disable credit card services nationwide from 7:00 pm on 26 July to 5:00 am on 27 July 2025 for system maintenance.
Pakistan Secures $1 Billion Financing Deal with Middle Eastern Banks in ADB-Backed Breakthrough
Pakistan finalizes a $1 billion syndicated finance deal with Middle Eastern banks, backed by the Asian Development Bank’s policy guarantee, signaling renewed investor confidence and macroeconomic stability.