Tag: Pakistan banking sector

Soneri Bank Approves 2025 Financial Results and 15 Percent Cash Dividend at 34th AGM

Soneri Bank reports stable performance for 2025 with significant deposit growth and a record expansion of 126 new branches across Pakistan.

IFC and HABIBMETRO Launch $40 Million Risk-Sharing Facility to Boost SME and Agri Financing in Pakistan

IFC partners with Habib Metropolitan Bank to introduce a $40 million risk-sharing facility aimed at expanding SME and agricultural financing in Pakistan, addressing the country’s $3.2 million SME credit gap.

Dubai Islamic Bank Pakistan Expands Shariah-Compliant Offerings Through Strategic Multi-Product Agreement with Fauree

Dubai Islamic Bank Pakistan has signed a multi-product agreement with Fauree to expand its Shariah-compliant offerings for corporate, SME, and consumer sectors, reinforcing its leadership in Islamic banking and supporting financial innovation and inclusion.

KT Bank Rebrands as Buraq Bank Pakistan with SECP Approval, Eyes Islamic Banking Market

KT Bank Pakistan has officially rebranded to Buraq Bank Pakistan Limited, following approval from SECP. The bank aims to launch soon with a focus on Islamic banking, technology-driven solutions, and trust-based services.

Tasdeeq Partners with BenchMatrix to Digitize and Automate Credit Risk Decisioning in Pakistan

Tasdeeq and BenchMatrix sign strategic partnership to integrate credit scoring tools into banks' loan origination systems, streamlining and automating credit decisioning across Pakistan’s financial sector.

Neem secures $4 million credit line from HBL to scale Shariah-compliant earned wage access across Pakistan

Neem has secured a credit facility of up to $4 million from HBL to scale its Shariah-compliant earned wage access platform, Neem Paymenow, across Pakistan. This partnership aims to deliver timely, dignified financial solutions for millions of salaried employees, enhancing financial resilience while fostering innovation in the country’s fintech and banking sectors.