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Banking News
Pakistani rupee plunged to a record low against the US dollar at Rs 292
The Pakistani rupee (PKR) has plunged to a record low against the US dollar (USD) on May 11, 2023, amid a political…
MMBL achieves 48% revenue growth despite challenging economic conditions
Islamabad: Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business…
Bank Alfalah acquire 7.2% equity stake worth PKR 140 million in QistBazaar
Bank Alfalah, one of the largest commercial banks in Pakistan, has made a significant entry into the venture…
Bank of Punjab, PSEB and Mastercard launch Freelancer Digital Account and Card
ISLAMABAD: The Bank of Punjab (BOP) in collaboration with the Pakistan Software Export Board (PSEB) and Mastercard…
Faysal Bank Announces Strong Financial Results for First Quarter 2023
Karachi: Faysal Bank Limited, one of the prominent Islamic banks in Pakistan, has shown exuberant performance in…
UAE Investor Acquires Majority Shareholding and Management Control of Summit Bank
Karachi: Prominent UAE national, investor, and a longstanding friend of Pakistan, H.E. Nasser Abdulla…
Meezan Bank announces Financial Results for the quarter ended March 31, 2023
Karachi: The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on April 18, 2023, approved…
Mobilink Microfinance Bank introduced a new Minimum Salary structure of PKR 50,000…
Islamabad: Mobilink Microfinance Bank Ltd. (MMBL) has recently announced its latest organizational initiative aimed…
MMBL and MateSol unite to improve MSMEs Cash flow through state-of-the-art Invoice…
Islamabad: Pakistan's leading microfinance institution, Mobilink Microfinance Bank Ltd. (MMBL) and MateSol, a…
Visa Announces The “Visa Eco Benefits” Sustainability Bundle To Empower Banks To…
Visa Eco Benefits is designed to help consumers understand the impact of their spending on the environment when…