Banks
Rs200 Billion a Year: Senate Panel Slams Bank SMS Fee Practices
Pakistani banks have been directed to immediately stop billing customers for text message alerts they never signed up for, following disclosures that the banking sector…
PM Apna Ghar Expands Beyond Banks with NBFC Loan Approval
The federal government has allowed non-bank financial companies (NBFCs) to take part in the Prime Minister Apna Ghar Program (PM-AGP), widening access to the low-cost…
SBP Expands Apna Ghar Scheme to Overseas Pakistanis, Developers Phase
The State Bank of Pakistan (SBP) has expanded the Wazir-e-Azam Apna Ghar Program to include overseas Pakistanis, enabling them to access government-backed housing finance for…
Senate Committee Raises Concerns Over Bank SMS Fee Structure
Lawmakers in Pakistan have raised strong concerns over rising SMS alert fees charged by banks. The issue was discussed in a Senate finance committee meeting…
Mobilink Bank, HBL Zarai Services partner to strengthen agricultural financing for underserved communities
Pakistan’s leading digital microfinance bank, Mobilink Bank, has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural financing for underserved communities under…
Pakistan Banking Sector Hit Hard with Rs600 Billion Loss in One Quarter
Pakistan’s banking sector is facing a sharp setback after posting more than Rs600 billion in revaluation losses in just one quarter. The decline comes as…
MCB Bank Shares Strong Financial Results for the Third Quarter
MCB Bank Limited has released its financial results for the third quarter ending September 30, 2025, showing consistent growth and a strong balance sheet. The…
SBP Tightens Rules, Banks Must Compensate Losses in 2 Days
The State Bank of Pakistan (SBP) has ordered commercial banks and financial institutions to reimburse customers for any financial loss resulting from a data breach…
After HBL, UBL, Meezan Bank Also Announces Saturday Banking Hours
Meezan Bank has announced revised Saturday banking hours, joining other major banks such as Habib Bank Limited (HBL) and United Bank Limited (UBL) in offering…
SBP to Stay Closed on August 14
The State Bank of Pakistan (SBP) will remain closed on Thursday, August 14, 2025, for Independence Day celebrations. The government has declared August 14 a…
Govt Taxes All Bank Transactions, Banks Raise Fees
Starting July 1, the federal government has implemented a sweeping tax policy that affects all types of bank transactions, whether you’re a filer or a…
Buy Yamaha Bikes On Interest-Free Installments
Yamaha Pakistan has recently partnered with several leading banks to offer customers the opportunity to own their motorcycles through interest-free monthly installments. This initiative aims…
Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL
ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal,…
