NBP earnings reach Rs30.58bn with 84pc yearly growth

The earnings of National Bank of Pakistan (NBP) surged 84pc to Rs30.58 billion during the year ended December 31, 2020, according to financial...

Meezan Bank posts Rs22.1bn profit for 2020

The Board of Directors of Meezan Bank Ltd recently approved the audited financial statements of the bank for the year ended December...

Bank of Punjab posts Rs12bn profit before tax for 2020

LAHORE: The Bank of Punjab (BOP) Board of Directors met on Friday to review and approve its annual audited financial statements for...

Soneri Bank records 25.9pc jump in profit

The Board of Directors of Soneri Bank Limited on Wednesday approved the bank's financial statements for the year ended 31st December 2020. The...

HBL Islamic Banking expands footprint in Pakistan

KARACHI: HBL Islamic Banking inaugurated a dedicated HBL Islamic Commercial Centre, Trade Hub and Branch on I.I. Chundrigar Road, Karachi, the heart...

Dubai Islamic Bank reports 34pc drop in profit

Dubai Islamic Bank (DIB) has reported a 34pc drop in its full-year net profit as impairment charges and operating expenses rose amid...

HBL joins forces with PSDF to create employment opportunities in Pakistan

KARACHI: Habib Bank Limited (HBL), Pakistan's largest commercial bank has entered into a Memorandum of Understanding (MoU) with Punjab Skill Development Fund...

MCB Bank posts highest ever profit before tax of Rs48.25bn, 200pc cash dividend for 2020

The Board of Directors of MCB Bank Limited (MCB) met under the chairmanship of Mian Mohammad Mansha on Wednesday to review the...

SBP to open branch office in Gilgit

The State Bank of Pakistan (SBP) is going to establish its branch office in Gilgit-Baltistan (GB) to regularise the government transactions and...

BOP signs up with six MFIs to promote low-cost housing finance

President Zafar Masud says BOP in advance stage of entering microfinance sector

HMB fined Rs59.5m for violating AML/CFT guidelines

KARACHI: The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs59.516 million on Habib Metropolitan Bank (HMB) on account of...

Bank AL Habib’s profit rises 59pc to Rs17.8bn in 2020

The Board of Directors of Bank AL Habib Limited met on Wednesday to review and announce the bank's financial results for the...

Pakistan’s digital efforts will not be in vain

The State Bank of Pakistan loves to promote its digitization process on its pages. Same goes for other banks as well: that...

SBP declared best central bank for promoting Islamic finance

The State Bank of Pakistan (SBP) has been voted as the 'Best Central Bank in promoting Islamic finance' for the fourth time...

Moody’s maintains stable outlook for Pakistan banks

'Despite a difficult environment, the govt's credit profile is stable due to ongoing reforms and increasing policy effectiveness'