Ladies and gentlemen, here are your digital banks

With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions

The Bank of Khyber is setting out its line of defence against the treasury single account

Attracting deposits, seasoned employees, and increasing gender diversity may help the bank wean off its dependence on the government

The SBP is verbal

Any two-bit relationship therapist will be able to tell you one simple, oft-repeated, common knowledge mantra about life: Communication is key. This...

Why does the JS Group want to buy BankIslami?

Already the largest shareholders in the Bank, Jahangir Siddiqui and Co are looking to takeover Pakistan’s oldest Islamic Bank as Shariah-compliant banking continues to gain ground

The big-boys of banking make big-bucks, but are they worth it?

Profit ranks bank CEOs based on their salaries and the returns they bring about

Did eight banks really take the SBP and the government for a ride?

Is this a case of collusion, greediness, weak positioning, or all of the above?

Malik Riaz is still a banker but not by choice

Escorts Investment Bank has been up for sale for a while

Last call for Summit Bank and Silkbank in new IMF commitments

Govt commits to send both banks into “resolution” if longstanding capitalization problems are not sorted by March 2023

IFRS-9 likely to revamp loan provisioning

Implementation of the new accounting standard would negatively affect the profitability of financial institutions due to a hike in provisioning for loan default risk

How banks make money by holding onto your international payments

Yes the banks are being greedy here. But then again, they’re banks. They’re supposed to be greedy

Is the broadcaster about to don the banker hat?

Buying a bank is one of many steps in making it big in Pakistan. Will Salman Iqbal succeed?

How Asaan are the new Asaan Digital Accounts?

And what will the accounts manage to do for Pakistan’s financial inclusion numbers

Pakistan’s microfinance industry: A change brewing within?

As the microfinance banking model becomes increasingly unviable, players in the industry are reassessing their options

Why the IMF wants two private banks to recapitalize

In the recent staff report published by the IMF, two private sector banks were specifically highlighted. Why? And how do they plan on dealing with this?

Do branch banking networks really matter for Pakistan?

Even with digital banking on the rise, some banks are focusing on classic brick and mortar branches