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Category: Business

Allied Bank and LUMS Foster Innovation at 4th Fintech Hackathon

Lahore: Allied Bank, in partnership with the Lahore University of Management Sciences (LUMS), recently hosted the 4th Fintech Hackathon, a platform for fintech startups, innovators, and students to develop financial technology solutions. The event sou…

Pakistan’s Banking Sector Sees 8% Profit Rise in 3Q2025

Karachi: Pakistan’s listed banks reported an 8% year-on-year increase in profitability, reaching Rs170 billion in the third quarter of 2025. The growth was primarily driven by a 6% rise in Net Interest Income (NII), led by United Bank Limited (UBL), N…

Bank Alfalah Eyes Expansion Amid Stable Interest Rates

Karachi: Bank Alfalah (BAFL) conducted a Corporate Briefing Session where management discussed its financial performance and strategic outlook. The bank anticipates steady interest rates in the near term, while reporting an increase in borrowings from…