Banking
Meezan and HBL Lead as BML and BOP Struggle in Pakistan’s Banking Sector
ISLAMABAD: Pakistan’s banking sector reported strong earnings for 2024, but newly released 4Q2024 financial data reveals a growing gap between leading banks and struggling institutions.…
Rs. 1.47 Trillion Surge in Banking Sector in October 2024
In October 2024, with a surge of 1.47 trillion rupees in advances, banks have been aggressively lending to certain consumers to avoid penalties imposed by…
UBL Proposes Merger with Silkbank
United Bank Limited (PSX: UBL) has offered to merge Silkbank Limited (PSX: SILK) under Section 48 of the Banking Companies Ordinance, 1962 (Amalgamation). This proposal…
Pakistan Sets January 2028 Deadline to Eliminate Interest-Based Banking
The 26th Constitutional Amendment Bill, 2024, passed today in the early hours has provided a time frame of 1st January 2028 for the eradication of…
UBL: Spearheading the Digital Banking Revolution in Pakistan
United Bank Limited (UBL) is leading the digital shift in Pakistan’s banking sector, motivated by the conviction that technology can dramatically redefine banking experiences. By…
Crypto Coins Stabilize as US Announces Plans to Limit SVB Fallout
Both cryptocurrencies and crypto based stocks began to stabilize after the US government announced to limit the fallout from the Silicon Valley Bank After Silicon…
Over 42 Million Pakistanis Use Plastic Money
The people of Pakistan are moving towards smart ways for payment solutions to avoid carrying cash everywhere they go. The numbers have crossed 42 million…
How to open an account in Bank Al Baraka
Bank Al Baraka came into existence as a result of the merger of Al Baraka Islamic Bank of Pakistan (AIBP), the branch operations of Al…
[Images] Here is a look at UBL’s new head office in the heart of Karachi
UBL moved its operations to a new 300 ft tall, 22 story glass building situated in the heart of Karachi’s financial hub — I. I.…
Standard Chartered announces PKR 12.1 Billion profit over 9 months
Standard Chartered Bank of Pakistan has released its third quarterly report of year 2016. The stats on its performances over first 9 months of current…







