BFSI

Faysal Bank Organises Islamic Banking Awareness and Account Opening Sessions Across Punjab

BFSI NextWallet Desk -
Faysal Bank will conduct financial literacy and account opening sessions on October 19 and 20, 2026, across Faisalabad and several Punjab districts.

Pakistan to Lead IMF and World Bank Boards of Governors After Seven Decades

BFSI NextWallet Desk -
Pakistan will assume the chairmanship of the IMF and World Bank Group Boards of Governors in 2027, marking its first return to the role since 1953.
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Faysal Bank Consumer Finance Crosses PKR 100 Billion Milestone With Secured Financing Products Driving Growth

BFSI NextWallet Desk -
Faysal Bank reports a PKR 100 billion consumer finance milestone, highlighting the contribution of secured financing products to its business.

Raqami Islamic Digital Bank Partners With NiFT For Digital Cheque Clearing Services In Pakistan

BFSI NextWallet Desk -
Raqami Islamic Digital Bank has partnered with NiFT to support paper-based and digital cheque clearing, expanding its banking infrastructure and transaction processing capabilities.

EFU Life Assurance Drops Planned Acquisition of Waada Digital After Mutual Agreement

BFSI NextWallet Desk -
EFU Life Assurance has withdrawn its proposed acquisition of Waada Digital, with both parties mutually agreeing not to proceed with the transaction.

NIBAF Pakistan Conducts Two-Day Data Analytics and AI Training for Banking Professionals

BFSI NextWallet Desk -
NIBAF Pakistan conducted a two-day hands-on workshop in Karachi on data analytics and AI for professionals from SBP, commercial banks, and PSPC.

SBP Simplifies Housing Finance Documentation Rules for Borrowers and Renewable Energy Financing

BFSI NextWallet Desk -
State Bank of Pakistan simplifies housing finance documentation, introduces lien options for loans up to PKR 5 million, and eases security requirements for renewable energy financing.

Roshan Digital Accounts Attract 251 Million Dollars In September As Total Inflows Exceed 14 Billion Dollars

BFSI NextWallet Desk -
Roshan Digital Accounts received $251 million in September 2026, taking cumulative inflows to $14.157 billion, according to State Bank of Pakistan data.