The banks listed in Pakistan witnessed a 14 % increase in profitability on an annual basis during the first quarter of 2025 (1Q2025), as it amounted to 173 billion rupees. Topline. The net interest revenues in the sector (NII) increased by 23 % year on an annual basis to 536 billion rupees, driven by volumetric … Read more
Park View Enclave (Private) Limited has filed a lawsuit in the Sindh High Court, Karachi against Shaukat Faiz Tareen and others, challenging the proposed merger of Silkbank Limited with United Bank Limited (UBL). The merger is taking place under a scheme approved by the State Bank of Pakistan in accordance with Section 48 of the … Read more
Let’s start this with a question – Twenty years ago, when young professionals started their first job or when small business owners went to open their first bank account, how would they know which bank to give their business to? The primary factors they may have considered at the time were which banks would charge … Read more