Latest stories about Silkbank

UBL proposes merger with Silkbank to reshape Pakistani banking landscape

Economy
UBL has submitted a proposal for a merger with Silkbank, a move poised to reshape Pakistan’s banking sector if approved. Analysts caution that asset quality and share dilution remain key concerns.

The Thursday Times reveals new documents indicating purchase of Vanuatu passport by Farah Gogi

Analysis
A new investigation by The Thursday Times reveals that key PTI associate Farhat Shahzadi, alias Farah Gogi, purchased a Vanuatu passport in 2021 in order to evade law enforcement agencies.

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PSG win the Champions League, defeating Arsenal 4-3 on penalties

Football
PSG are back-to-back Champions League champions after defeating Arsenal 4-3 on penalties in Budapest. Havertz gave Arsenal an early lead before Dembele equalised. Neither side could find a winner in 120 minutes. PSG held their nerve in the shootout. The Thursday Times reports.
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Hegseth calls Pakistan’s mediation “an unexpected development” and “a true friendship”

International
US Defence Secretary Pete Hegseth said a true friendship is growing between Washington and Pakistan, calling its mediation role an unexpected development and praising Field Marshal Munir and PM Shehbaz Sharif directly.
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Trump posts US-Iran deal terms from Situation Room as Pakistan’s Ishaq Dar meets Rubio in Washington

International
Trump posted US-Iran deal terms from the Situation Room on 29 May. Strait of Hormuz to open. Blockade lifted. Nuclear material to be destroyed. Final determination pending. Pakistan's Ishaq Dar was in Washington meeting Rubio at the same moment. The Thursday Times reports.
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Iran’s news agency signals US-Iran deal may be close, credits Pakistan

International
Iran's Tasnim News Agency signalled a US-Iran deal may be close, crediting Pakistan's effective efforts. President Pezeshkian also praised Pakistan in an Eid call with PM Shehbaz Sharif.
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EU Parliament votes to sanction Taliban leaders

International
The EU Parliament adopted a resolution calling for expanded sanctions against Taliban leaders, condemning gender apartheid and slavery under the Taliban's Criminal Procedure Code, and regretting the EU's decision to invite the Taliban to Brussels. 480 votes in favour, 5 against.
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