SBP keeps benchmark policy rate unchanged at 11.5% amid easing geopolitical tensions
State Bank of Pakistan maintains stance at 11.5% amid easing tensions, stable reserves, and persistent inflation pressures.
Continue ReadingPakistan Revenue
State Bank of Pakistan maintains stance at 11.5% amid easing tensions, stable reserves, and persistent inflation pressures.
Continue ReadingCentral bank bars Islamic banking institutions from placing funds with conventional parent entities through Qard or subsidised financing.
Continue ReadingCentral bank outlines priorities on inflation, financial sector development and structural reforms to strengthen policymaking
Continue ReadingDeposit Protection Corporation strengthens financial safety net for millions of bank customers across Pakistan.
Continue ReadingNew measures allow banks and microfinance banks greater flexibility in converting branches to Islamic banking operations.
Continue ReadingStrong Eid-driven inflows lift overseas remittances to historic peak ISLAMABAD, June 6, 2026 — Pakistan remittances surged 20% month-on-month in May 2026, reaching a record monthly high as inflows from overseas workers strengthened ahead of Eid, according to official economic data.
Continue ReadingTwo Mauritius-based accounts holding $4.5 million frozen as NAB pursues asset recovery under anti-money laundering laws The National Accountability Bureau (NAB) Karachi has frozen two foreign bank accounts linked to Bahria Town executives Ahmed Ali Riaz and Mubashira Ali Malik as part of an ongoing investigation into alleged international money laundering.
Continue ReadingThe State Bank of Pakistan (SBP) significantly expanded its “Go Cashless” campaign during Eid-ul-Azha 2026, accelerating the shift toward digital payments in traditionally cash-heavy cattle markets. The initiative was rolled out across 123 cattle markets nationwide, compared to 54 markets in 2025, reflecting a major push to promote financial inclusion and reduce reliance on physical […]
Continue ReadingState Bank introduces SAR and AED-denominated certificates to attract more investment from overseas Pakistanis in Gulf countries The State Bank of Pakistan (SBP) has expanded the Naya Pakistan Certificates (NPCs) scheme by introducing investment certificates denominated in Saudi Arabian Riyal (SAR) and UAE Dirham (AED), aiming to attract greater participation from overseas Pakistanis residing in […]
Continue ReadingPakistani currency strengthens 1.25% year-on-year as remittances and policy support offset external sector challenges. The Pakistani rupee recorded a 1.25% year-on-year gain against the US dollar in May 2026 despite continued external sector pressures and global economic uncertainty.
Continue Reading