Bank Al Habib (PSX: BAHL) has reported a consolidated profit-after-tax (PAT) of Rs. 32.46 billion for 2025, marking a 23 percent year-on-year decline. The drop in earnings has been attributed to a reduction in the policy rate and increased operating expenses during the year. The banking sector has been adjusting to a changing interest rate […]
Pakistan, IMF Reach Staff-Level Agreement Worth $3.3 Billion Under EFF and RSF
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), a major step signaling renewed confidence in Pakistan’s economic management and reform progress. The agreement covers the second review of the EFF and the first review of the RSF, with […]