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.

Survey shows market unanimous on status quo for SBP policy rate

Karachi, March 6, 2026: A recent survey conducted by Topline Securities Limited reveals that the majority of market participants expect the State Bank of Pakistan (SBP) to maintain its policy rate in the upcoming Monetary Policy Committee (MPC) meeting on March 9, 2026.
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March 6, 2026
Meezan Bank pays over Rs500 million in two years as SBP penalty

Karachi, March 5, 2026: Meezan Bank Limited, Pakistan’s largest Islamic bank, has paid over Rs500 million in penalties to the State Bank of Pakistan (SBP) during the last two years, according to its annual report for the year ended December 31, 2025, filed with the Pakistan Stock Exchange (PSX).
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March 5, 2026
PKR vs USD: Rupee remains stable against dollar on March 5, 2026

The Pakistani rupee (PKR) on Thursday held steady against the US dollar (USD), reflecting adequate supply of foreign currency in the market and balanced demand-supply dynamics.
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March 5, 2026
SBP imposes Rs14 million penalty on Standard Chartered Bank Pakistan

Karachi: The State Bank of Pakistan (SBP) has imposed a penalty of Rs13.99 million on Standard Chartered Bank Pakistan Limited for regulatory violations during the calendar year 2025, according to the bank’s latest annual report submitted to the Pakistan Stock Exchange (PSX) on Thursday.
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March 5, 2026
SBP raises Rs582 billion through T-bills auction as yields climb amid strong investor demand

Karachi: The State Bank of Pakistan (SBP) successfully raised Rs581.7 billion through the auction of Market Treasury Bills (T-bills) on Wednesday, surpassing its target of Rs550 billion as strong participation from investors drove total bids to Rs915 billion.
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March 5, 2026
Pakistani rupee strengthens against dollar amid Middle East tensions

Karachi, March 4, 2026 – The Pakistani Rupee continued its modest appreciation against the US Dollar on Wednesday, despite escalating tensions in the Middle East.
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March 4, 2026
SBP imposes Rs102.68 million penalty on UBL for regulatory violations

Karachi, March 4, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs102.68 million on United Bank Limited (UBL) for regulatory violations during the calendar year 2025, according to the bank’s financial statement released on Wednesday.
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March 4, 2026
Pakistan’s digital payments ecosystem shifts from innovation to infrastructure: Aamir Ibrahim

Karachi, March 3, 2026 – Pakistan’s digital payments ecosystem is rapidly transforming from a phase of innovation into a core pillar of national financial infrastructure, driven by Prime Minister Shehbaz Sharif’s Cashless Economy Initiative and enabling policies by the State Bank of Pakistan (SBP).
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March 3, 2026
Pakistan passes Virtual Assets Bill 2026, legalizes cryptocurrency nationwide

Islamabad, March 3, 2026 – In a landmark move for the country’s financial sector, Pakistan’s National Assembly on Tuesday passed the Virtual Assets Bill, 2026, officially legalizing cryptocurrencies and establishing a regulatory framework for digital assets. The legislation, introduced by Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry, had already been approved by the Senate earlier this year.
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March 3, 2026
PM Shehbaz hails digital banking boom: 127 million Pakistanis go cashless

Islamabad, March 3, 2026 – During a review meeting chaired by Prime Minister Muhammad Shehbaz Sharif on Tuesday, officials reported that the number of individuals benefiting from digital banking in Pakistan has surpassed 127 million.
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March 3, 2026