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Transforming Pakistan’s Financial Ecosystem: PBA, Finance Ministry, and SBP Discuss Actionable Steps

Transforming Pakistan’s Financial Ecosystem: PBA, Finance Ministry, and SBP Discuss Actionable Steps

Karachi – National Bank of Pakistan, one of the largest issuers of debit cards in the country, has become the first commercial bank in Pakistan to sign a co-badging agreement with 1LINK and Mastercard. The signing ceremony was held at NBP’s headquarters and marks a significant milestone in advancing digital payment solutions across Pakistan.

Lahore, November 15, 2024: BOP Exchange proudly inaugurated its Tricon Center Branch in Lahore today, marking a significant milestone in its mission to revolutionize the exchange industry in Pakistan.

Mr. Rehmat Ali Hasnie, President of NBP, emphasized the crucial role of the financial sector in driving Pakistan’s economic growth in his recent session at The Future Summit.

The signing ceremony for the Memorandum of Understanding (MoU) for the Chief Minister Punjab’s Livestock Card took place at the Bank of Punjab Head Office in Lahore, marking the beginning of the registration process for the Livestock Card.

National Bank of Pakistan (NBP) reinforced its commitment to inclusivity and social responsibility by hosting a special Pinktober event at its head office, Karachi, dedicated to raising awareness about breast cancer.

The Board of Directors of The Bank of Punjab convened on October 30, 2024, to review and approve the unaudited financial statements for the first nine months ending September 30, 2024.

HBL 9M 2024 profit rises to record Rs 85.9 billion, driven by strong business fundamentals and client focus.

HBL 9M 2024 profit rises to record Rs 85.9 billion, driven by strong business fundamentals and client focus.

This notification comes as part of the recommendations put forward by the PBA’s SME Task Force.

The Saudi Ministry of Investment Supports AlBaik’s Expansion Efforts in the Islamic Republic of Pakistan.

Pakistan, Karachi – 9 October 2024: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has awarded HBL the accolade of the ‘Best Conventional Bank of the Year Excellence Award’.

Pakistan, Karachi – 9 October 2024: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has awarded HBL the accolade of the ‘Best Conventional Bank of the Year Excellence Award’.

National Bank of Pakistan has won the prestigious Disability Inclusion Award 2024 from the Asian Development Bank (ADB). This is a historic moment, as NBP is the first bank from Pakistan to receive this award, competing against top banks from Asia and the Pacific. This achievement positions NBP as a leader in disability inclusion, both nationally and internationally. The commitment from NBP’s BoD, the President, HRMG, and group chiefs is commendable and reflects the organization’s ongoing dedication to fostering an inclusive workplace for all.

The Bank of Punjab (BOP) has successfully arranged a long term Foreign Currency (FCY) On-lending Facility of USD 54.2 Million (Credit Facility) from Agence Française de Développement (AFD), the French state development finance agency.

The Pakistan Banks’ Association (PBA) commends the efforts of the Government of Pakistan and the Ministry of Finance on the successful negotiations to obtain US $7 billion, a 37-month loan from the International Monetary Fund (IMF), and the unwavering commitment of the Prime Minister of Pakistan

Pakistan, Karachi – 16 September 2024: HBL has been honored with the ‘Best Board of the Year’ award by the Pakistan Institute of Corporate Governance (PICG), in recognition of its exemplary leadership, outstanding governance, and strategic oversight.

Pakistan, Karachi – 13 September 2024: HBL hosts the “HBL China Story” session, bringing together colleagues to discuss the significance of the Bank’s journey in China that started in 2005.

30 August, 2024 – National Bank of Pakistan (NBP) is proud to announce a strategic partnership with myZoi Financial Inclusion Technologies (myZoi), a leading fintech company based in the United Arab Emirates dedicated to fostering financial inclusion and literacy.

Lahore:Ameeting of the Board of Directors of The Bank of Punjab was held on August 28, 2024 to consider and approve the un-audited Financial Statements for the 1ST Half of year ended June 30, 2024.

Pakistan, Karachi – 26 August 2024: HBL today declared a consolidated profit before tax of Rs 57.8 billion for the first half of 2024, 12% higher than in the same period last year.

Pakistan, Karachi – 19 August 2024: Konnect by HBL (Konnect), the Bank’s branchless banking platform, held its third Aur Khelo tournament, featuring the game ‘Valorant’ in Karachi.