Friday, April 10 2026

Pakistan’s Supernet secures multi-million-dollar cybersecurity contract from major bank
Supernet Technologies Limited secured a multi-million-dollar cybersecurity contract through its subsidiary, Supernet Secure Solutions Pvt Limited, further strengthening its footprint in Pakistan’s financial services sector. The five-year contract was awarded by one of Pakistan’s largest banks, the company said in a statement. It said that this was the second consecutive mandate, following the successful execution of an earlier five-year contract awarded in 2021. “Under the renewed agreement, Super Secure will deploy an upgraded and more advanced cybersecurity solution aimed at strengthening the bank’s digital infrastructure. The project includes the implementation of endpoint security systems designed to protect more than 10,000 employees nationwide, addressing one of the most critical areas of cyber risk for financial institutions.” Supernet said that the contract value falls in the multi-million US dollar range, indicating a significant addition to its cybersecurity revenue pipeline over the next five years.
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Tuesday, April 07 2026

Sindh Bank posts record pre-tax profit of Rs6.37bn
The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, at the Annual General Meeting held on March 30, 2026. The Bank reported its record high Profit Before Tax of Rs6.37 billion, more than double (i.e. 155 percent increase) from previous year driven by resilient margin and robust growth in deposits and advances both touching new peaks at the close of year 2025. Operating profit also registered manifold increase attributable to significantly higher Markup as well as Non Markup income. Net markup income increased by 40 percent during the year 2025, despite downward revisions in the policy rate, non markup income of bank also increased by 43 percent i.e. Rs568 million attributable to increase in income from Fees, Commission, Dividends and gain on securities during the year 2025.Profit After Tax for the year ended 2025 increased by more than 20 percent to Rs3.35 billion compared to Rs2.77 billion last year.
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Tuesday, March 31 2026

Habib Metro Bank appoints CEO, chairman
Habib Metropolitan Bank Limited announced key appointments on Tuesday.The bank shared the information in a notice to the Pakistan Stock Exchange (PSX) today. The bank said that Khurram Shahzad Khan was reappointed as president and chief executive officer for another three years. The notice further said Mohamedali R. Habib was re-elected as chairman, effective March 30, 2026. Habib Metropolitan Bank was incorporated in Pakistan as a public limited company in 1992. The bank is the subsidiary of Habib Bank AG Zurich – Switzerland which is the holding company of the bank.
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Related symbols: hmb (news stock)

Habib Metro Bank appoints CEO, chairman
Habib Metropolitan Bank Limited announced key appointments on Tuesday.The bank shared the information in a notice to the Pakistan Stock Exchange (PSX) today. The bank said that Khurram Shahzad Khan was reappointed as president and chief executive officer for another three years. The notice further said Mohamedali R. Habib was re-elected as chairman, effective March 30, 2026. Habib Metropolitan Bank was incorporated in Pakistan as a public limited company in 1992. The bank is the subsidiary of Habib Bank AG Zurich – Switzerland which is the holding company of the bank.
Related news categories: business comm-banks economic-indicators psx stock-exchanges
Related symbols: hmb (news stock)

Monday, March 30 2026

ABL strengthens position via risk management, strategic capital allocation and diversification
Allied Bank continues to strengthen its competitive position through prudent risk management, strategic capital allocation, and diversification across investment and lending portfolios. Its steadfast commitment to operational excellence and digital transformation has not only elevated the customer experience but also reinforced the foundation for sustainable, long-term growth. Allied Bank’s net markup and interest income reached Rs. 105,000 million during the year ended December 31, 2025 as compared to Rs. 115,223 million during last year, decreasing by Rs. 10,223 million or 9 percent. The Bank recorded markup up/ interest income of Rs. 297,228 million for the year ended December 31, 2025, compared to Rs. 376,760 million in 2024, reflecting a year-on-year decrease of 21 percent.
Related news categories: business comm-banks economic-indicators psx stock-exchanges
Related symbols: abl (news stock)