Karachi, May 25, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a platform designed to digitalize and accelerate the customer financing journey.Leveraging AI-driven automation, FOCUS reengineers the Bank’s credit underwriting process from initiation to disbursement. The platform replaces …
Read More »Banks to open on May 29th and 30th for tax collection
KARACHI: To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, the State Bank of Pakistan (SBP) has decided, on the request of Federal Board of Revenue (FBR), that all branches of commercial banks shall observe extended working hours until 05:30 P.M. on Friday, May 29, 2026. …
Read More »Standard Chartered Pakistan hosts Priority Banking clients at Anfield following ‘Score Your Goals’ campaign
KARACHI, 21 May, 2026: Standard Chartered Pakistan hosted its Priority Banking clients at Anfield following its ‘Score Your Goals’ campaign, offering winners an exclusive Liverpool FC experience as part of the Bank’s client engagement proposition. The trip marked the culmination of the investment-led campaign, which gave eligible clients in Pakistan the …
Read More »Mobilink Bank and Legal Aid Society Join Forces to Strengthen Women’s Inheritance Right
ISLAMABAD, May 20, 2025: Mobilink Bank partnered with Legal Aid Society under its CSR programme to strengthen women’s inheritance rights and climate resilience in Pakistan. The bank expanded its “The Invisible Heirs” campaign to support women in claiming their legal and rightful inheritance. Mobilink Bank actively funded legal support for …
Read More »State Bank of Pakistan Launches Nationwide “Go Cashless” Campaign for Eid-ul-Azha
KARACHI :May 15 ,2026: The State Bank of Pakistan (SBP) has launched a nationwide “Go Cashless” campaign for Eid-ul-Azha 2026. The initiative promotes secure and convenient digital payments in cattle markets across the country. It also supports SBP’s wider goal of reducing cash usage and speeding up the digitisation of …
Read More »BankIslami and EXIM Bank Sign Pakistan’s First Shariah-Compliant Trade and Export Finance Partnership
KARACHI, May 14, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, signed a Memorandum of Understanding (MoU) with the Export-Import Bank of Pakistan (EXIM Bank). With this step, both institutions launched Pakistan’s first Shariah-compliant trade and export finance partnership of its kind. Moreover, the collaboration aims to strengthen the …
Read More »ASA Microfinance Bank, Avanza Solutions Team Up for Digital Banking Expansion
Karachi, 14 May 2026: ASA Microfinance Bank (Pakistan) Ltd. has entered into a strategic collaboration with Avanza Solutions to strengthen its digital banking capabilities and expand access to formal financial services across Pakistan. The partnership marks a significant step forward in advancing financial inclusion and expanding access to digital financial services …
Read More »Mobilink Bank Launches ‘Bibi App’ for Breast Cancer Awareness
Islamabad, May 13, 2026: Mobilink Bank, Pakistan’s leading digital microfinance bank, has launched the “Bibi App,” a mobile application focused on breast cancer awareness. The app delivers accessible and localized health information for women across Pakistan. Aangan, a women’s reproductive health startup, developed the app. It also serves as an …
Read More »SBP Receives $1.3 Billion from IMF Under EFF and RSF Programs
KARACHI, May 13, 2026: The State Bank of Pakistan (SBP) has received approximately $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, providing further support to Pakistan’s external financial position. According to the State Bank, the IMF Executive Board …
Read More »Middle East War poses significant risks to Pakistan’s macroeconomic outlook
KARACHI, May 12, 2026: Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released on Tuesady by the State Bank of Pakistan (SBP). The Report also notes that the Middle East War …
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