Category: Money & Banking

Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.

Pakistani rupee gains slightly despite high import payments

Karachi, November 17, 2025 – Despite heightened demand for the US dollar due to import payments at the beginning of the week, the Pakistani rupee managed to maintain its value and even recorded a modest increase, supported by strong foreign inflows and robust remittances.
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November 17, 2025
SBP publishes updated 2025 list of licensed exchange companies in Pakistan

Karachi, November 16, 2025 – The State Bank of Pakistan (SBP) has published an updated list of officially licensed exchange companies operating across the country. The latest list, available on the SBP’s website, includes firms authorized to conduct foreign currency transactions in Pakistan.
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November 16, 2025
SBP tightens rules on foreign currency accounts to boost transparency

Karachi, November 16, 2025 – The State Bank of Pakistan (SBP) has strengthened regulations governing foreign currency accounts to improve documentation, promote digital transactions, and enhance transparency within the foreign exchange market.
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November 16, 2025
SBP governor urges collaboration to accelerate Pakistan’s digital banking future

Karachi, November 12, 2025 — Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has called for collective efforts from regulators, banks, fintechs, and policymakers to accelerate the transition toward a digitally empowered economy.
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November 12, 2025
PM Shehbaz pushes faster transition toward cashless Pakistan

Islamabad, November 10, 2025 – Prime Minister Shehbaz Sharif on Monday directed authorities to accelerate efforts to transform Pakistan into a fully cashless and digital economy, emphasizing that this shift is crucial for the country’s sustainable economic growth and transparent governance.
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November 10, 2025
Banking customers receive Rs1.46 billion relief via ombudsman in 2025

Karachi, November 10, 2025 – The Banking Mohtasib (Ombudsman) of Pakistan has provided significant relief of Rs1.46 billion to banking customers by resolving more than 28,700 complaints during the first ten months of 2025, from January 1 to October 31.
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November 10, 2025
SBP allows bank board members to serve on exchange company boards

Karachi, November 7, 2025 – The State Bank of Pakistan (SBP) has updated its Corporate Governance Regulatory Framework, allowing board members of banks to also serve as board members of exchange companies owned by the same bank.
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November 7, 2025
SBP declares bank holiday on November 9 for Iqbal Day

Karachi, November 7, 2025 – The State Bank of Pakistan (SBP) has announced that all banks, Development Financial Institutions (DFIs), and Microfinance Banks (MFBs) will remain closed across the country on November 9, 2025, in observance of Allama Iqbal Day.
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November 7, 2025
Pakistan sees 9.3% growth in workers’ remittances during 4MFY26

Karachi, November 7, 2025 – Pakistan’s economy received a strong boost from overseas workers as remittances inflows surged by 9.3% during the first four months (July–October) of fiscal year 2025–26, according to the latest data released by the State Bank of Pakistan (SBP).
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November 7, 2025
PBA, SBP launch nationwide campaign against financial fraud

Karachi, November 6, 2025 – The Pakistan Banks Association (PBA), in collaboration with the State Bank of Pakistan (SBP), has launched a nationwide Financial Fraud Awareness Campaign to educate the public on safeguarding themselves from the rising wave of digital financial scams and cyber frauds.
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November 6, 2025