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Meezan Bank bags its 5th ‘Best Bank’ award

• Bank of Punjab wins three awards; HBL wins ESG award • SBP chief calls for faster banking digitisation, higher private sector credit KARACHI: Meezan Bank Ltd was named Pakistan’s best bank for the fifth time at the 11th Pakistan Banking Awards held in Karachi on Friday, while Bank of Punjab secured honours in three categories. Jury Chairperson Zubyr Soomro, explaining the challenges involved in…

Meezan Bank bags its 5th ‘Best Bank’ award

Meezan Bank has been recognized as Pakistan's best bank for the fifth time at the 11th Pakistan Banking Awards, held in Karachi on Friday. In addition to this prestigious title, the bank also won the award for customer engagement. Bank of Punjab secured three awards, including Best Bank for Women’s Inclusion, Best SME Bank, and Best Bank for Agriculture Inclusion.

Bank Alfalah was awarded the Digital Excellence Award, while Habib Bank Ltd received the Best Bank for Environmental, Social, and Governance (ESG) award. Faysal Bank Ltd and Askari Bank were jointly named the Best Mid-Sized Bank. Pakistan Microfinance Investment Company Ltd was named the Best Contribution by a Non-Bank Entity, and ASA Microfinance Bank Ltd was recognized as the Best Microfinance Bank.

State Bank of Pakistan Governor Jameel Ahmad emphasized the need for faster banking digitisation and higher private sector credit penetration during his remarks at the event.

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