SBP updates Mudarabah-based financing framework for Islamic banks
Under the new framework, Islamic Banking Institutions must pledge GoP Ijara Sukuk as collateral in favor of SBP through Central Depository System
Govt bank borrowing falls 84pc to Rs658bn amid tax shortfall
Decline in borrowing follows lower interest rates, while Rs606bn tax shortfall puts fiscal pressure
Listed banks’ profits rise to Rs597bn in 2024 despite higher taxes
Net Interest Income up 9% to Rs1.9tr; Non-Interest Income surges 50% to Rs560bn
SBP announces revised banking hours for Ramadan
Banks to operate on adjusted timings to accommodate fasting hours, with special hours for Fridays
Private sector slashes bank borrowing by 48% as investment appetite remains weak
Banks withdraw Rs656bn; low PSDP spending threatens growth target
BankIslami to establish exchange company with Rs1.2 billion initial capitalÂ
Exchange company will be wholly owned subsidiary of BankIslami and will operate within the regulatory framework of SBPÂ
HBL approves Rs2 billion equity investment in microfinance subsidiary
Capital injection aimed at strengthening HBL Microfinance Bank's operations
SBP governor urges banks to focus on SME lending for economic growth
ISLAMABAD: Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, has called on commercial banks to reconsider their current business models...
Pakistan’s first digital bank is here
Does the bank know what it wants to achieve, or is taking a leap of faith?
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