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, September 4, 2025 – The State Bank of Pakistan (SBP) has introduced new benchmarks for the deployment of cash deposit machines (CDMs) as part of its ongoing efforts to accelerate digitization in the country’s banking sector.
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Karachi, September 4, 2025 – The Pakistani rupee continued its positive momentum on Thursday, posting a modest gain of four paisas against the US dollar in the interbank foreign exchange market.
(more…)Karachi, September 1, 2025 – The Pakistani rupee showed marginal improvement on Monday, closing at PKR 281.75 against the US dollar in the interbank foreign exchange market.
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KARACHI: The Pakistani rupee showed a stable performance against the US dollar during the past week and is projected to maintain this trend in the near future. However, potential supply shortages and upcoming external debt repayments may introduce mild pressure on the local currency in the coming sessions.
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Karachi, August 30, 2025 – The National Bank of Pakistan (NBP) has disclosed that its ongoing income tax disputes with the Federal Board of Revenue (FBR) have reached an aggregate value of approximately Rs36 billion by the end of the second quarter of 2025.
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Karachi, August 29, 2025 – The State Bank of Pakistan (SBP) has formally designated D-SIBs (Domestic Systemically Important Banks) for the year 2025, following its established framework issued in April 2018 and updated in December 2022.
(more…)Karachi, August 29, 2025 – The Pakistani rupee continued its upward trajectory on Friday, appreciating by three paisas against the dollar, and settling at PKR 281.77 in the interbank foreign exchange market.
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KARACHI, August 29, 2025 – The State Bank of Pakistan (SBP) has instructed all banks to provide detailed data on outward remittances and foreign exchange transactions sent abroad by corporate entities and individual investors.
(more…)Karachi, August 28, 2025 – The State Bank of Pakistan (SBP) has reported a sharp 27% decline in its after-tax profit for the fiscal year 2024-25, reflecting a challenging financial environment.
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Islamabad, August 28, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward advancing digital finance by granting a digital lending license to Foremost Financial Services (Pvt) Limited, enabling it to operate as a Non-Banking Finance Company (NBFC).
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