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 …
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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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KARACHI, May 11 , 2026: Zong and Mashreq Bank Pakistan, have entered into a strategic partnership to enable the integration of telecom services within Mashreq’s digital banking ecosystem, enhancing customer convenience and advancing Pakistan’s digital financial landscape. Under this collaboration, Mashreq customers will be able to access a range of Zong telecom …
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Karachi: May 9, 2026 Aga Khan Foundation Pakistan, in partnership with Bank Alfalah, one of the leading commercial banks in Pakistan, has launched a rehabilitation programme to restore critical infrastructure and strengthen resilience in flood-affected communities across Gilgit-Baltistan. The initiative will be implemented in collaboration with Aga Khan Agency for …
Read More »Recognition highlights the Bank’s Shariah-compliant platform across client segments and its sukuk structuring capability across growth markets Karachi : May 8,2026 Standard Chartered has been named ‘Islamic Bank of the Year’ and awarded ‘Most Innovative Sukuk’ by The Banker, recognising the strength of its Islamic banking platform across affluent, corporate and …
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LAHORE: The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and Human-Robot Interaction (HRI) in transforming banking experiences. The agreement was signed by Mr. Muhammad Zaman, Group Head, Digital Transformation …
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Karachi, May 06, 2026 –: BankIslami and its digital banking platform- aik, partnered with Paklaunch for the 8th edition of its flagship event, UNConference ‘26. The two-day summit gathered a select group of founders, investors, and policymakers to discuss the trajectory of Pakistan’s startup ecosystem, with a particular focus on Fintech, artificial intelligence, …
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KARACHI, May 4, 2026: ABHI Microfinance Bank Ltd. has entered into a strategic partnership with REDtone Group, a multi-country telecom, engineering, and digital transformation company, to introduce an enhanced employee banking solution aimed at improving financial access and convenience for corporate employees. The collaboration is designed to empower the workforce …
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Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …
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Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …
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