UBL & AUTON8 Successfully Complete Core Banking Data Migration for 105 Ex‑Silk Bank Branches
United Bank Limited (UBL) has successfully completed a large-scale core banking data migration with AUTON8 in six months, transitioning data from Ex-Silkbank’s Temenos T24 core banking system to UBL’s Symbols platform.
Mehfooz
Karachi Hosts AlBaraka Forum on Future of Digital Islamic Economy
AlBaraka Forum for Islamic Economy is organizing the sixth edition of its Regional Conference Series, titled “Islamic Economy in the Digital Age: Innovation within the Framework of Compliance.”
Adil Aziz
ABHI Microfinance Bank Partners with Pathfinder Group to Drive Agent Interoperability and Wage Access Innovation
ABHI Microfinance Bank Limited (“ABHI Bank”) has signed a Memorandum of Understanding (MoU) with Pathfinder Group to establish a strategic collaboration centered on agent interoperability, enabling wider access to formal financial services for underserved and frontline segments across Pakistan.
Smaller Pakistani banks among top return performers in Asia-Pacific: S&P Global
Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence.
VEON Group Invests USD 20 Million in Mobilink Bank to Accelerate Digital Islamic Banking Expansion
Global digital operator VEON Group has announced an investment of USD 20 million in Mobilink Bank to support its growth and digital Islamic banking expansion in Pakistan. The investment builds on USD 15 million capital deployed by VEON in January 2025 and underscores its confidence in Mobilink Bank’s growth momentum and its integrated digital financial…
Editor
PBA: Banks Drive Economic Revival with Rs 1.5 Trillion Private Sector Lending; SME Portfolio Surges 41%, Agri Disbursements Jump 16%
Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth in Large-Scale Manufacturing (LSM), validating the sector’s pivotal role in supporting industrial output and job creation.
NBP’s Aitemaad Islamic Advance Salary honored with Silver Award at Qorus Reinvention Award 2025
NBP’s Aitemaad Islamic Advance Salary has been honored with Qorus Reinvention Silver Award 2025.
LOLC Microfinance Bank Partners with PTCL to Drive Scalable Digital Expansion
Pakistan Telecommunication Company Limited (PTCL) and LOLC Microfinance Bank have signed an agreement to provide comprehensive cloud services through PTCL Smart Cloud.
DIB Pakistan Highlights Ongoing Commitment to Ethical Banking at IBA-CEIF’S 10-YEAR Celebration
The Center for Excellence in Islamic Finance (CEIF) at IBA Karachi celebrated its 10-year journey of advancing Islamic finance in Pakistan through a commemorative event titled “A Decade of Empowering Islamic Finance.”
Mobilink Bank and IMARAT Group partner to accelerate housing finance in Pakistan
Pakistan’s leading digital microfinance bank, Mobilink Bank has entered into a strategic partnership with IMARAT Group, one of the country’s premier real estate conglomerates, to enhance access to housing finance, and drive economic empowerment through technology-driven banking solutions.