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.
The Pakistani rupee is expected to remain stable in the near term, supported by anticipated inflows from the International Monetary Fund under two separate loan programs and healthy workers’ remittances ahead of Eidul Azha.
(more…)
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has shared progress on Pakistan’s transition toward a Riba-free banking system in line with the landmark judgment of the Federal Shariat Court (FSC).
(more…)
KARACHI, May 5, 2026 – Pakistan’s banking sector posted strong growth in 2025, largely driven by increased investments in government securities, according to the latest report by the State Bank of Pakistan (SBP).
(more…)
KARACHI, May 5, 2026 – Governor Jameel Ahmad said the State Bank of Pakistan (SBP) is fully prepared to take necessary measures to safeguard financial stability amid risks arising from the ongoing Middle East conflict.
(more…)
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.
(more…)
ISLAMABAD – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for an urgent and comprehensive overhaul of Pakistan’s financial cybersecurity, emphasizing that the protection of digital infrastructure is now a “high-priority systemic concern.”
(more…)
Islamabad, May 1, 2026: Prime Minister Shehbaz Sharif on Friday directed authorities to make an effective and internationally aligned regulatory system for virtual assets fully operational at the earliest.
(more…)Karachi, April 30, 2026 — The Pakistani rupee showed resilience in April 2026, gaining 38 paisa against the US Dollar despite ongoing geopolitical tensions and external financial pressures.
(more…)
Karachi, April 29, 2026 — National Bank of Pakistan (NBP) reported a 26% year-on-year (YoY) decline in earnings for the first quarter ended March 31, 2026, as lower income weighed on profitability.
(more…)
KARACHI, April 28, 2026 — The State Bank of Pakistan (SBP) has introduced new guidelines to accelerate housing loan approvals, directing banks and financial institutions to process applications within a maximum of 15 working days under the government-backed Apna Ghar housing initiative.
(more…)