Bank of Khyber begins transition to Islamic banking
Chief Minister Khyber Pakhtunkhwa Ali Amin Khan Gandapur inaugurates BoK’s transition to Islamic bankingÂ
Silkbank shareholders approve merger with UBL, pending regulatory clearance
CEO Shahram Raza Bakhtiari, CFO Khurram Khan, and Company Secretary Faiz Ul Hasan Hashmi authorized to manage all procedural aspects of the merger
Meezan Bank crosses Rs100 Billion profit milestone despite Q4 slowdown
Despite the government's best efforts to squeeze profits out of the banks, Meezan keeps chugging along
SBP grants FPT clearance to Zia Ijaz as Askari Bank President & CEO
Ijaz to assume charge on February 17, 2025, for a three-year termÂ
HBL Microfinance Bank, Standard Chartered sign risk-sharing deals with IFC
HBL MfB to share 50% risk on $80m microfinance loans with IFC; Standard Chartered doubles trade finance facility to $400mn
Private sector repays Rs440bn to banks as tax-driven lending cycle ends
Credit outflows rise as businesses struggle with high costs, weak demand, and policy uncertainty
SECP grants license to first digital, online securities broker
Tamkeen Securities will allow investors to open accounts and execute retail trades
Bank Makramah secures court approval for Rs10bn loan recovery from Omni Group
Settlement to enable the bank to recover non-performing loans under agreed terms
Nazish Ali appointed as acting president/CEO of Apna Microfinance Bank
 Appointment effective from November 2024 after State Bank clearance
Bank of Khyber to open 52 new branches in 2025 under expansion plan
BoK commits to full transition to Islamic banking; plans significant investments in online and digital services
Zia Ijaz appointed as President, CEO of Askari Bank Limited
Appointment subject to SBP clearance; Saleem Anwar to continue as Acting CEO
TPL Corp, Abhi completes acquisition of majority stake in FINCA Microfinance Bank
Under the agreement, TPL will acquire 33.17%, while ABHI will hold a majority stake of 61.61% in FINCA
SBP revises financial reporting guidelines for banks, DFIs and MFBs
Updates cover modification accounting, Islamic banking standards, and general provisions
PTCL Group injects $15 million into U Bank for Islamic banking and digital growth
Investment aims to transform microfinance and expand Sharia-compliant services
Bank Makramah files Rs10bn settlement case for loan recovery from Omni Group
Bank says non-performing loans are owed by various firms of Omni Group and its affiliated entities and will be recoverable under the agreed terms of settlement