Provisioning Surge Drives 16% Profit Drop in Pakistan Banking Sector
Pakistan’s commercial banking sector is projected to experience a quarterly profit contraction in the second quarter of 2026, driven by…
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UBL Unveils Landmark PKR 40 Billion National Initiatives Target Agriculture, Higher Education, and Microfinance Sector
United Bank Limited (UBL), Pakistan’s largest financial institution by deposits, announced three national development initiatives on Wednesday, committing up to…
Pakistan Govt Secures Rs768bn in Oversubscribed T-Bills Auction
The Federal Government of Pakistan successfully raised Rs768.4 billion through a Market Treasury Bills auction conducted by the State Bank…
Wateen Telecom and Bank of Punjab Partner to Establish an AI Factory for Banking Sector Innovation
Wateen Telecom and the Bank of Punjab (BOP) have announced a strategic partnership to establish a dedicated “AI Factory,” aimed…
Askari Bank and Autosoft Dynamics Partner to Accelerate Digital Transformation in Lending
Askari Bank has entered into a strategic partnership with Autosoft Dynamics to accelerate the digital transformation of its lending operations…
LOLC Microfinance Bank Partners with PTCL to Drive Scalable Digital Expansion
LOLC Microfinance Bank has forged a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to accelerate its digital transformation and…