Thursday, March 26 2026

Bank Makramah Ltd assigned ‘A-’ and ‘A2’ ratings by VIS
Bank Makramah Limited (BML) has been assigned initial entity ratings of “A-” (Long Term) and ‘A2’ (Short Term) with a “Stable” outlook by VIS Credit Rating Company Limited. The assigned ratings reflect a significant improvement in the bank’s credit profile, underpinned by strong sponsor support, successful recapitalization, ongoing restructuring initiatives, and a strengthened governance and liquidity framework. It is noteworthy that the bank’s last assigned ratings in 2018 stood at “BBB-” (Long Term) and “A3” (Short Term) with a “Negative” outlook. Subsequently, the ratings were suspended in 2019. The current assignment represents a restoration of ratings after suspension, along with a substantial upgrade in both long-term and short-term ratings, and a revision in outlook from Negative to Stable. This achievement underscores the Bank’s comprehensive transformation journey, marked by capital strengthening, improved solvency position, enhanced governance structure, and consistent progress toward strategic objectives.
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Related symbols: bml (news stock)

Thursday, March 19 2026

NBP conducts Merchant Sales Conference in Lahore
National Bank of Pakistan (NBP) conducted its Second Merchant Sales Conference in Lahore as part of its continued efforts to expand digital payments adoption and strengthen Pakistan’s cashless payments ecosystem. The conference was hosted by Golootlo, NBP’s debit card alliance partner, and brought together senior leadership from NBP, global payment schemes, fintech partners, and key stakeholders from Retail and Islamic Banking. The conference commenced with a keynote address by Rehmat Ali Hasnie, President & CEO, NBP, who outlined the Bank’s strategic vision for scaling digital payments, expanding merchant acceptance across urban and semi-urban markets, and positioning NBP as a leading driver of inclusive, secure, and interoperable digital payments nationwide.
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Related symbols: nbp (news stock)

Friday, March 13 2026

Shareholders of Soneri Bank approve 2025 annual results
The annual audited financial statements of Soneri Bank Limited for the year ended 31 December 2025 were approved by the shareholders of the Bank in their 34th AGM held in Lahore and through video-link via Zoom on Thursday. The meeting was chaired by Amin A. Feerasta - Chairman of the Board, with Muhtashim Ahmad Ashai - President and Chief Executive Officer and other members of the Board of Directors and Senior Management also in attendance. The results demonstrate stable and persistent performance in all areas despite declining interest rates. The Bank posted profit before tax (PBT) of Rs 11.606 billion and profit after tax (PAT) of Rs 4.558 billion for the year ended 31 December 2025, compared to Rs 12.638 billion and Rs 5.901 billion respectively in the last year.
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Related symbols: snbl (news stock)

Tuesday, March 10 2026

Soneri Bank Baber Market branch achieves WWF-Pakistan’s certification
Soneri Bank announced that the Baber Market Branch, located in Landhi, Karachi received official certification under the WWF-Pakistan Green Office Programme, marking the Bank’s first certified Green Branch. This recognition reflects Soneri Bank’s strong commitment to environmental responsibility, sustainable operations, and alignment with the State Bank of Pakistan’s Green Banking Guidelines. The certification represents a significant milestone in Soneri Bank’s sustainability journey and reinforces its role as a responsible financial institution dedicated to reducing environmental impact while creating long-term social value. The Baber Market Branch was selected strategically to maximize environmental and social impact in Landhi, while promoting awareness around waste management, water conservation, and energy efficiency.
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Related symbols: snbl (news stock)

Monday, March 09 2026

Bank of Khyber posts record profit after tax of PKR 5.8 Billion in FY2025, earnings per share rise 61% to Rs. 5.02
The Bank of Khyber (BOK), in its 203rd Board of Directors meeting held today at Peshawar, announced its audited financial results for the year ended December 31, 2025. The Bank delivered an outstanding performance, posting a Profit After Tax (PAT) of PKR 5.82 billion, a robust 61% increase over PKR 3.62 billion in FY2024, the highest profit in the Bank’s history. Earnings per share grew from Rs. 3.12 to Rs. 5.02, reflecting strong earnings momentum, disciplined cost management, and continued execution of the Bank’s transformation strategy. Financial Highlights — FY2025 vs FY2024 Performance Overview Total income for the year reached PKR 23.1 billion, a 26.6% increase from PKR 18.3 billion in FY2024. Net mark-up income grew by 15.2% to PKR 19.0 billion, underpinned by prudent asset-liability management and an improved earning asset mix. Non-markup income more than doubled to PKR 4.1 billion (FY2024: PKR 1.8 billion), driven by strong fee and commission income of PKR 1.07 billion and significant gain on securities of PKR 2.3 billion, reflecting active treasury management.
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Related symbols: bok (news stock)