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.
Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) has introduced revised maximum remuneration limits for directors attending board and committee meetings of banks and Development Finance Institutions (DFIs).
(more…)
Karachi, December 12, 2025 – The Pakistani rupee showed signs of stability on Friday, gaining 4 paisa against the US dollar in the interbank foreign exchange market, according to currency dealers and the State Bank of Pakistan (SBP).
(more…)
Islamabad – Binance, the world’s leading cryptocurrency exchange, and JazzCash, Pakistan’s top digital financial services platform, have signed a Memorandum of Understanding (MoU) to explore potential collaboration aimed at supporting the responsible growth of virtual assets in the country.
(more…)
Karachi, December 10, 2025 – The State Bank of Pakistan (SBP) on Wednesday advised all banks and development finance institutions (DFIs) to adopt green banking policies aligned with the Pakistan Green Taxonomy (PGT). The move aims to promote sustainable economic activities and direct investments toward environmentally responsible sectors.
(more…)
Karachi, December 9, 2025 – The State Bank of Pakistan (SBP) reported a notable surge in workers’ remittances, which increased by 9.34% during the first five months (July–November) of the current fiscal year 2025-26.
(more…)Karachi, December 8, 2025 – The Pakistani rupee (PKR) strengthened slightly against the US dollar (USD) in the interbank foreign exchange market on Monday, marking a positive start to the week for the local currency.
(more…)Karachi, December 7, 2025 – Currency dealers expect the Pakistani rupee to gain further strength against the US dollar in the upcoming week starting December 8, 2025, as the country awaits the approval of the next International Monetary Fund (IMF) disbursement.
(more…)Karachi, December 5, 2025 – The Pakistani rupee recorded another day of stability and improvement in the interbank market, with the US dollar slipping further ahead of the highly anticipated $1.2 billion tranche from the International Monetary Fund (IMF) expected next week.
(more…)
Karachi, December 4, 2025 – Bank Alfalah Limited announced on Thursday that its Board of Directors has approved a non-binding offer received from Ghazanfar Bank, Afghanistan, to acquire the bank’s operations in Afghanistan.
(more…)Karachi, December 2, 2025 – The State Bank of Pakistan (SBP) has officially halted the collection of the Export Development Surcharge (EDS), providing significant relief to the export sector.
(more…)