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 …
Read More »BankIslami, aik Join Paklaunch to Drive Dialogue on Fintech, AI at UNConference ‘26
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, …
Read More »ABHI Microfinance Bank, REDtone Group launch employee banking solution for corporate workforce
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 …
Read More »Govt Raises Rs114 Billion Through Hybrid Sukuk Auction
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, …
Read More »SBP eases housing finance rules, sets 15-day approval timeline
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 …
Read More »Standard Chartered Pakistan delivers profit before tax of PKR 11.7 billion
Highlights: • Profit before tax of PKR 11.7 billion • Revenue of PKR 16.6 billion • Strong growth in net advances up by 21% since the start of the year Pakistan, 29 April 2026 – Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn …
Read More »SBP Launches “Cyber Shield” to Strengthen Banking Cybersecurity
KARACHI, February 16, 2026: The State Bank of Pakistan (SBP) has announced the launch of “Cyber Shield” the Cyber Resilience Strategy for Regulated Entities” under its Vision 2028 agenda, aimed at strengthening the safety and robustness of Pakistan’s banking and financial system. The initiative is designed to protect banks and …
Read More »PBA launches drive to counter rising digital banking fraud in Pakistan
The Pakistan Banks Association has launched a nationwide Fraud Awareness Campaign to tackle the surge in digital financial scams.
Read More »Standard Chartered showcases Straight2Bank to boost digital business banking
Discover how Standard Chartered Straight2Bank can streamline your banking operations and provide seamless financial management.
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