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Category: Banking

MCB posts highest-ever PBT for 2023
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Banking

MCB posts highest-ever PBT for 2023

spinpk.com7 February 20247 February 2024
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on February 06, 2024, reviewed performance of the Bank and approved...
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(MRTs)/(MRCs), GMs: HBL delineates deferred compensation policy
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Banking

(MRTs)/(MRCs), GMs: HBL delineates deferred compensation policy

spinpk.com7 February 2024
Habib Bank Limited (HBL) has informed that in accordance with the Risk Aligned Remuneration Policy of the bank, the deferred component for the variable compensation for Material Risk Takers (MRTs)/Material...
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Bank Alfalah records an impressive year of growth
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Banking

Bank Alfalah records an impressive year of growth

spinpk.com2 February 20242 February 2024
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 01, 2024, approved the Bank’s financial results for the year ended December 31, 2023. Bank...
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Solar-powered tubewells: HBL sets industry benchmark with over Rs2bn worth of financing
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Banking

Solar-powered tubewells: HBL sets industry benchmark with over Rs2bn worth of financing

spinpk.com1 February 20241 February 2024
HBL, the Best Bank in Agriculture Financing leads with over Rs 2 billion in financing for solar-powered tubewells, thus, empowering farmers and fostering sustainability. This achievement is a testament to...
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Soneri Bank posts 222.61pc growth in PAT YoY
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Banking

Soneri Bank posts 222.61pc growth in PAT YoY

spinpk.com1 February 2024
The Board of Directors of Soneri Bank Limited, in their 202nd meeting held in Lahore on Wednesday, approved the Bank’s financial results for the year ended 31 December 2023. The...
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Bank AL Habib Limited announces 115pc profit growth
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Banking

Bank AL Habib Limited announces 115pc profit growth

spinpk.com1 February 20241 February 2024
Bank AL Habib Limited (BAHL) on Wednesday reported a 115 percent surge in its annual profit for 2023, driven by higher interest income and fee income. The bank earned Rs35.93...
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Raqami sets up Shariah Board as SBP grants NOC
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Banking

Raqami sets up Shariah Board as SBP grants NOC

spinpk.com30 January 202430 January 2024
Raqami Islamic Digital Bank (RIDB), after obtaining NOC from the State Bank of Pakistan, has set up high-powered Shariah Board, led by Dr. Mufti Muhammad Imran Ashraf Usmani as Chairman...
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Faysal Bank announces strategic collaboration with OPay
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Banking

Faysal Bank announces strategic collaboration with OPay

spinpk.com26 January 202426 January 2024
Faysal Bank Limited, a leading Islamic financial institution known for its commitment to technological innovation with Sharia compliance, announced a strategic collaboration with OPay, a global fintech giant with a...
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JS Investments opens wealth centre in DHA
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Banking

JS Investments opens wealth centre in DHA

spinpk.com26 January 2024
JS Investments is proud to announce the opening of the JS Investments Wealth Centre in DHA Phase 8, Karachi. This momentous occasion marks a significant leap forward in customer-centric wealth...
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HABIBMETRO and ACE Money Transfer join hands
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Banking

HABIBMETRO and ACE Money Transfer join hands

spinpk.com26 January 202426 January 2024
HABIBMETRO Bank and ACE Money Transfer have joined forces to facilitate safe and legal remittance services for overseas Pakistanis, especially in the UK, Europe, Canada and Australia. The partnership aims...
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