SBP Designates NIFT As Payment System Operator
As a Designated Payment System Operator under the Payment Systems and Electronic Fund Transfer Act, 2007, SBP has designated National Institutional Facilitation Technologies (Private)…
Tag: Banking & Fintech
PACRA Partners With Chinese Rating Group to Tap Panda Bond Market
As well as potential Panda Bond issuances by Pakistani borrowers, the Pakistan Credit Rating Agency Limited (PACRA has entered into a Memorandum of Understanding…
aik by BankIslami Launches Pakistan’s First-Ever Shariah-Compliant Open Banking Platform, “aik Connect”
Aik by BankIslami today introduced aik Connect, the country's first Shariah-compliant Open Banking and Banking-as-a-Service gateway.
Askari Bank Named Best Mid-Sized Bank at Pakistan Banking Awards 2026
Askari Bank has been recognised as the Best Mid-Sized Bank at the 11th Pakistan Banking Awards 2026, held in Karachi.
BankIslami Launches Shariah-Compliant Agri Vehicle Finance to Strengthen Pakistan’s Agricultural Supply Chain
BankIslami, one of Pakistan's fastest-growing Islamic banks, has confirmed the launch of a Riba-free Agri Vehicle Financing solution.
Zindigi and DAT AI Systems Sign MoU to Advance Integrated Digital Solutions
Zindigi, powered by JS Bank, and DAT AI Systems have signed a Memorandum of Understanding (MoU) to explore and jointly develop technology-led financial and…
NBP Profit Down 24% in H1 2026
National Bank of Pakistan (PSX: NBP) documented a profit of Rs.
SBP Urges Banks to Boost Retail Deposits and Private Sector Lending
State Bank of Pakistan (SBP) Governor Jameel Ahmed has pressed banks to reorient their business models toward stronger retail deposit mobilization and greater private…
Samba Bank Appoints New Chairman
As the Saudi-owned bank continues to face a potential change in control, fahad Ali Al Hunaiti has been appointed chairman of the board of…
Govt Moves Closer To ZTBL Privatization
Notably, the privatization of Zarai Taraqiati Bank Limited has entered a key stage after the Privatisation Commission Board approved the proposed transaction structure and…