KARACHI: The Board of Directors of Soneri Bank Limited, in their 216th meeting held in Karachi on Monday, approved the Bank’s financial statements of the first quarter ended 31 March 2026. The Bank’s stable performance across all functional areas underscores its operational robustness. This was achieved despite the dual challenges of a declining interest rate […]
AGO Expands into Pakistan, Bringing AI-Powered Sales and Lead Generation Solutions to Empower SMEs
Karachi, Pakistan — April 28, 2026 — AGO today announced its official expansion into the Pakistan market, introducing its advanced AI-driven tools and Sales & Marketing services aimed at helping small and medium-sized enterprises (SMEs) connect with international clients, generate high-quality leads, and close deals more effectively. With a growing global footprint spanning four continents […]
Askari Bank Limited Posts Rs. 6.6 Billion Profit for Q1 2026
Askari Bank Limited (AKBL) reported a profit after tax of Rs. 6.6 billion (EPS: Rs. 4.54) for 1QCY26, down 8 percent year-on-year (YoY) but up 37 percent quarter-on-quarter (QoQ). Alongside the results, the bank announced a dividend of Rs. 2 per share, bringing the payout ratio to 44 percent for the quarter. According to Arif […]
BOP reports Rs. 10.2 Billion Profit Before Tax in Q1 2026; 155% YoY Growth
LAHORE: The Bank of Punjab (BOP), one of Pakistan’s leading public sector commercial banks, has announced its financial results for the first quarter of 2026, posting exceptional growth across key performance indicators. The Bank’s Board of Directors approved the unaudited financial statements for the period ended March 31, 2026, highlighting robust financial performance driven by […]
Bank Alfalah reports PKR 11.13 billion Profit after tax in Q1 2026
KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 23, 2026, approved the Bank’s financial results for the quarter ended March 31, 2026. The Board of the Bank also approved an interim cash dividend of PKR 1.5 per share (30 percent) [Mar 25 (restated): PKR 1.25 per share […]
MCB Bank posts Rs. 26.7 billion Profit Before Tax (PBT) for Q1 2026
[Lahore: April 23, 2026] MCB Bank Limited is pleased to announce its financial results for the quarter ended March 31, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed and […]
Meezan Bank Posts Rs. 23.4 Billion Profit for Q1 2026
Meezan Bank (MEBL) announced its 1Q2026 result today, where the bank recorded unconsolidated earnings of Rs. 23.4 billion (earnings per share of Rs. 13.0), up by 6 percent year-on-year (YoY) and 7 percent quarter-on-quarter (QoQ) The high profit was due to stronger-than-expected non-operating income, according to Topline Securities. Net spread slightly declined by 1 percent […]
The Bank of Punjab signs strategic MoU with Stacks to advance digital remittances and financial innovation
Partnership to enhance remittance services with faster processing, improved security, greater transparency, and convenience for overseas Pakistanis. The Bank of Punjab has entered into a strategic Memorandum of Understanding with Stacks, marking an important step toward transforming Pakistan’s remittance landscape and strengthening the country’s digital financial ecosystem. The MoU was signed by Mr. Muneeb Ali, […]
MPE Partners with SpaceBelt KSA to Bring Global Finance to Sovereign Orbital Rails
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
DIB Pakistan & Pocket Money Unlock Seamless USD Inflows For Home Remittances And Freelancers Nationwide
Karachi, April 20th, 2026: DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border home remittances, and international transactions for freelancers. This partnership marks a significant milestone in Pakistan’s digital financial landscape, by combining DIB […]
