KARACHI, October 29 2024: In a significant boost to customer service and banking infrastructure, Rehmat Ali Hasnie, President of the National Bank of Pakistan (NBP), inaugurated the newly renovated PIDC House Branch in Karachi. This project represents the bank’s commitment to enhancing the banking experience for its clients and reflects ongoing investments in branch improvements….
Karachi, October 23, 2024: The Board of Directors of Meezan Bank has approved the financial statements for the nine months ending September 30, 2024, revealing a significant increase in profits. The meeting, chaired by Riyadh S. A. A. Edrees, saw the bank posted a Profit After Tax (PAT) of Rs 77.5 billion, up from Rs…
Karachi, 23 October 2024: The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on Wednesday, 23 October 2024. Hosted as a hybrid event, this prestigious gathering brought together global Shari’ah scholars for an engaging dialogue on the topic of “Islamic Finance: Transforming for a Better Tomorrow’. The Global Shari’ah…
KARACHI, October 22 2024: Meezan Bank Limited (MEBL) released its financial results for the third quarter of 2024, reporting earnings of Rs25.8 billion, translating to an EPS of Rs14.4. This marks a 1% year-on-year (YoY) increase, though it reflects a 3% quarter-on-quarter (QoQ) decline. For the first nine months of 2024 (9M2024), the bank’s cumulative…
Islamabad: 21, September 2024, National Bank of Pakistan introduces its latest service, “NBP Cash N Gold,” offering a seamless way for customers to obtain quick loans against their gold items. With the promise of easy terms, minimal paperwork and competitive processing, NBP provides a hassle-free experience for those needing immediate funds. Customers can borrow up…