Bank deposits rise 13.6% to Rs35.38tr in November as lending slows
SBP data shows advances down 9.8% YoY, investments climb to Rs36.73tr
SBP injects over Rs10.48 trillion via open market operations to ease liquidity
Rs10.27 trillion injected through conventional reverse repo, while Rs214.7 billion via Shariah-compliant Mudarabah OMO
SBP raises Rs1.17 trillion in T-bills, PIBs auction as strong demand eases yields
Robust Rs2.45 trillion bidding signals investor confidence ahead of December 15 monetary policy review
Liquidity exodus hits non-bank financial sector as Rs340 billion in debt is retired in five months
After banks injected over Rs1 trillion into NBFIs in late 2024 to meet tax conditions, liquidity has since been pulled back, with mutual funds seeing a significant 98.9% growth in assets
Saudi firm Najd Gateway Holding makes offer to acquire SNB’s 100% stake in Samba Bank Pakistan
Saudi National Bank to evaluate potential transaction depending on internal and regulatory approvals
Bank Alfalah receives non-binding offer from Ghazanfar Bank to acquire its Afghanistan operations
Offer is contingent on due diligence and regulatory clearances; Bank Alfalah to seek SBP and Da Afghanistan Bank approval for Ghazanfar Bank’s review process
SBP injects Rs2.17 trillion liquidity through conventional and Shariah-compliant OMOs
Central bank accepts all bids for 7-day and 14-day reverse repo operations to stabilise money market
Standard Chartered Pakistan awarded $72 million working capital and payments mandate by Dawlance
Bank to provide end-to-end solutions for working capital, collections and cross-border transactions
Senate panel directs SBP to act against banks accused of forcing dress codes on female staff
Senate Standing Committee on Finance seeks an explanation from commercial banks as senators call dress code mandates discriminatory
Bank Makramah gets court approval for restructuring scheme
Court sanction enables bank to meet minimum capital requirement; share issuance to Global Haly Development Limited shareholders and capital reduction to follow
How Did Meezan Become So Big?
The story of Meezan Bank’s dizzying rise to become one of Pakistan’s top five banks deserved to be told. Sibtain Naqvi does a decent job of telling an incredible story
Revenue growth continues apace at Bank of Punjab in Q3
Aside from the structural boost to profitability from the interest rate environment for all banks, BOP’s branch expansion is beginning to yield results
BoP wins three honours at Pakistan Banking Awards; Meezan Bank named best bank for third time
Bank of Punjab receives honours as Best Bank for Agriculture Inclusion, Best Bank for Women Inclusion, and Best Bank for SMEs
SBP injects Rs11.53tr into money market through reverse repo, Shariah-compliant OMOs
Liquidity support includes Rs11.21tr via conventional repo and Rs320bn under Mudarabah operations
Bank Alfalah just pledged Rs1.4 billion for flood damages. How far can the efforts of top-tier banks go?
Alfalah is not the only bank to ramp up CSR commitments in the face of the floods. But beyond the CSR, it makes sense for banks to help the agri sector back to its feet
