Recent Financial News in the 'comm-banks' category
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Friday, September 25 2026
Experts call for stronger data governance in banking sector
Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf.
Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital channels handling 88 percent of these transactions including 6.2 billion processed via mobile apps, this immense scale generates a continuous stream of operational evidence regarding customer behavior, identity, and cross-border payments.
Related news categories:
business
comm-banks
economic-indicators
misc
Experts call for stronger data governance in banking sector
Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf.
Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital channels handling 88 percent of these transactions including 6.2 billion processed via mobile apps, this immense scale generates a continuous stream of operational evidence regarding customer behavior, identity, and cross-border payments.
Related news categories:
business
comm-banks
economic-indicators
misc
Thursday, September 24 2026
BAFL to list Rs20bn subordinated privately placed TFCs on PSX
Bank Alfalah Limited (PSX:BAFL) will list its Rs20bn rated, unsecured, subordinated, privately placed term finance certificates (TFCs) on the Pakistan Stock Exchange (PSX) from Friday, 25 September, with trading set to begin on Monday, 28 September.
The bourse said in a notice that the listing falls under Chapter 5C of the PSX Rule Book, the Privately Placed Debt Securities' Listing Regulations. Trading will take place on the PSX-provided platform, and trades will be settled through the National Clearing Settlement System (NCSS) on a T+1 basis.
Related news categories:
business
comm-banks
economic-indicators
psx
stock-exchanges
Related symbols:
bafl
(news
stock)
Thursday, September 17 2026
Mastercard & BoK partner to accelerate digital payments
Mastercard and the Bank of Khyber (BoK) have entered into a strategic alliance to expand the bank’s digital payments portfolio, giving customers greater access to secure, convenient and modern payment solutions.
The collaboration will support the digitization of personal, commercial and government transactions, contributing to Pakistan’s broader transition towards a more inclusive, cashless economy.
“Bank of Khyber is our strategic partner as Khyber Pakhtunkhwa leads Pakistan’s transition towards a cashless economy.
Related news categories:
business
comm-banks
economic-indicators
psx
stock-exchanges
tech-comm
Related symbols:
bok
(news
stock)
Tuesday, September 01 2026
BoK, Sarhad Chamber discuss SME financing, business support
Bank of Khyber (BoK) held a meeting with President Sarhad Chamber of Commerce & Industry (SCCI), Junaid Altaf, to discuss financial challenges facing the business, industrial, SME and agricultural sectors.
The BoK delegation was led by Abdullah Ghaffar, Group Head Commercial, SME & Agricultural Finance Group, and Gul Buhar Khan, Group Head Retail Banking. Discussions focused on access to credit, financing terms, interest rates, collateral requirements and documentation procedures.
Both sides agreed to facilitate SME financing for SCCI employees and to organize a joint session with SCCI’s SME members to brief them on available financing facilities, terms and procedures, while providing an opportunity to raise their concerns directly with BoK officials.
Related news categories:
business
comm-banks
economic-indicators
psx
stock-exchanges
Related symbols:
bok
(news
stock)
