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.
Jameel Ahmad says lower inflation, stronger reserves and rising remittances signal shift towards sustainable economic growth
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Pakistan’s foreign exchange position records a modest weekly increase, with total liquid reserves reaching $22.50 billion.
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MCB Bank expects an estimated Rs7.5 billion impact on its bottom line, although lower merchant discount rates could offset part of the hit.
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State Bank of Pakistan to remain closed on Friday as the country observes Independence Day
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HBL’s total regulatory penalties rise 60% as bank reports Rs34.5bn profit after tax and deposits reach Rs5.9tr.
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The proposed capital injection will be made in two tranches, with the first tranche of up to Rs20bn targeted for completion by December 2026.
(more…)Overseas Pakistanis sent $3.6 billion in July, providing a strong boost to the country’s external account at the start of FY2026-27.
(more…)Higher net interest and fee income offset by rising operating expenses as bank declares total interim dividend of Rs18 per share.
(more…)New reporting and settlement mechanism aims to improve transparency and ensure timely processing of Premium Prize Bonds transactions.
(more…)Pakistan’s total liquid foreign exchange reserves rise to $22.47 billion as central bank holdings post modest weekly increase.
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