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Pakistan Strengthens Cybersecurity for Banking Sector Amid Rising Threats
The government of Pakistan has intensified efforts to strengthen cybersecurity across its banking and financial sector in response to rising digital threats and rapid technological change. The…
PC Board Recommends Transaction Structure for Privatisation of ZTBL
The government of Pakistan has approved a transaction structure and restructuring plan for the sale of Zarai Taraqiati Bank Limited (ZTBL), the state-owned agricultural lender,…
Audit Exposes Rs 80m Zakat Fraud in Khyber Pakhtunkhwa
The 2024–25 audit report found irregularities in the use of more than Rs. 80 million drawn from the Zakat fund in Khyber Pakhtunkhwa across multiple…
NBP Posts 26% Profit Drop in Q1CY26 as Core Income Weakens
National Bank of Pakistan (NBP) has reported a 26% year-on-year decline in consolidated profit after tax for the first quarter ended March 31, 2026, as weaker core banking…
JSBL Reports 62.68% Profit Drop in Q1CY26 Amid Rising Costs
JS Bank Limited (JSBL) has reported a sharp decline in profitability for the first quarter of calendar year 2026, with profit after tax falling by…
KIBOR Jumps Up to 99 Bps After SBP Hikes Policy Rate to 11.5%
Pakistan’s Karachi Interbank Offered Rate (KIBOR) surged across multiple tenors after the State Bank of Pakistanraised its policy rate by 100 basis points to 11.5 percent, signaling a shift…
Bank of Khyber Q1 2026 Profit Falls 37% to Rs1.02bn
The Bank of Khyber (PSX: BOK) posted a sharp 36.65% decline in profit after taxation for the first quarter ended March 31, 2026, falling to Rs1.02 billion compared to Rs1.60 billion…
Askari Bank Profit Falls 8% to Rs6.58bn in Q1 2026 Despite Strong Non-Interest Income Growth
Askari Bank Limited Askari Bank Limited (PSX: AKBL) reported an 8% decline in its profit after tax, which fell to Rs6.58 billion for the quarter ended March…
PM Clears NBP’s Long-Awaited Rs35 Per Share Dividend
National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharifcleared the matter during a high-level meeting on energy security and…
Meezan Bank Posts Rs. 23.4bn Profit in Q1 2026, Up Six Percent YoY
Meezan Bank posted unconsolidated earnings of Rs. 23.4 billion in the first quarter of 2026, with earnings per share rising to Rs. 13.0, marking a…
MCB Bank Profit Falls 11% in Q1 2026, Declares Rs9 Interim Dividend
MCB Bank reported an 11 percent decline in consolidated profit after taxation during the first quarter of 2026, as weaker non-core income and rising operating expenses…
Bank Alfalah Secures SBP Approval to Raise PKR 20 Billion Capital
On April 23, 2026, Bank Alfalah Limited announced a significant financial development. The bank officially received in-principle approval from the State Bank of Pakistan (SBP).…
