KARACHI, July 22, 2026: Bank Alfalah has inaugurated its 1,200th branch at Khayaban-e-Shamsheer in Karachi, marking another milestone in its nationwide expansion. The new Retail-cum-Premiere Branch combines conventional and digital banking services under one roof. It also features an exclusive Premiere Banking Lounge for premium customers. In addition, the branch …
Read More »Standard Chartered Pakistan Named Pakistan’s Best Mortgage Bank by Euromoney
KARACHI, July 18,2026: Standard Chartered Pakistan has won the Euromoney Award for Pakistan’s Best Mortgage Bank, recognizing its leadership in home financing and client-focused mortgage services. The award highlights the bank’s commitment to helping clients achieve home ownership while building long-term financial security. The recognition comes as Pakistan continues to …
Read More »K-Electric, Mashreq Pakistan Offer Cashback of Up to Rs10,000 on Bill Payments
KARACHI, July 18,2026: K-Electric (KE) has partnered with Mashreq Pakistan to offer cashback rewards of up to Rs10,000 on electricity bill payments made through the Mashreq mobile app. Under the partnership, KE customers who hold or open a Mashreq Current or Current Profit Account can earn cashback ranging from Rs500 …
Read More »FPCCI Calls for Stronger Trade, Banking Links Among D-8 Countries
KARACHIJuly14,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for stronger economic cooperation, trade, investment and banking connectivity among member states of the D-8 Organization for Economic Cooperation. FPCCI President Atif Ikram Sheikh said the D-8 region offers significant economic potential. Therefore, closer collaboration among member …
Read More »Bank Alfalah Partners with KMC, IET to Launch Urban Forestry Project in Karachi
KARACHI July14,2026: Bank Alfalah has partnered with the Karachi Metropolitan Corporation (KMC) and Indus Earth Trust (IET) to launch an urban forestry project at Ibn-e-Qasim Park in Clifton. The bank has committed an initial investment of Rs3 million for the initiative. Bank Alfalah President and CEO Atif Bajwa and IET …
Read More »ABHI Microfinance Bank Partners with Saif Group to Introduce Earned Wage Access for Employees
ABHI Microfinance Bank has entered into a strategic partnership with Saif Group to introduce its Earned Wage Access (EWA) solution for the Group's workforce.
Read More »BankIslami Partners with EFU to Expand Digital Microtakaful Services
KARACHI, July 13,2026: BankIslami has partnered with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful products through its mobile banking application. Under the partnership, BankIslami customers can enroll in, pay for and submit claims for exclusive microtakaful plans directly through the app. The plans cover health, accidental …
Read More »Pakistan Banking Summit 2026 Opens with Focus on Economic Growth, Digital Finance
KARACHI, July 7,2026: The Pakistan Banks Association (PBA) on Monday opened the second Pakistan Banking Summit 2026 (PBS’26), bringing together policymakers, regulators, bankers and global experts to discuss reforms needed to strengthen Pakistan’s financial sector and accelerate economic growth. More than 600 participants attended the opening day, including senior government …
Read More »InfraZamin-Backed Islamic Financing of Rs4.76bn to Boost Local Electronics Manufacturing
Karachi, July 7,2026: A consortium of banks, led by The Bank of Punjab (BoP) and backed by InfraZamin Pakistan Limited, has achieved the financial close of a Rs4.76 billion, 10-year Islamic syndicated financing facility for Air Link Communication Limited and Select Technologies Limited. The financing will help expand advanced manufacturing …
Read More »AI-Driven Tax System to Issue Notices as Pakistan Eyes $42bn Remittances: Aurangzeb
KARACHI, July 7,2026: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said Pakistan will introduce an AI-driven tax administration system that will issue tax notices with minimal human intervention. He also projected remittance inflows of $41-42 billion during the current fiscal year. Speaking at the Pakistan Banking Summit …
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