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, April 23, 2026 – Meezan Bank Limited, Pakistan’s largest Islamic bank, reported a marginal decline in profit for the first quarter of calendar year 2026, as higher operating expenses weighed on earnings despite growth in total income.
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Karachi, April 22, 2026 – The Pakistani rupee posted a modest gain against the US dollar on Wednesday, supported by strong foreign inflows and improved market sentiment, according to data released by the State Bank of Pakistan.
(more…)KARACHI, April 19 — Pakistan’s rupee is expected to remain broadly stable against the United States dollar in the coming week, supported by improving external inflows and a surprise current account surplus, analysts said.
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Islamabad, April 18, 2026 – A senior delegation from Huawei Technologies held talks with Bilal Bin Saqib, Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), to explore cooperation on cybersecurity and digital exchange infrastructure, officials said on Saturday.
(more…)KARACHI, April 17, 2026 — The Pakistani rupee strengthened slightly against the US dollar on Friday, supported by a fresh $2 billion inflow from Saudi Arabia, according to State Bank of Pakistan (SBP) data.
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KARACHI, April 16, 2026 — BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk worth up to Rs5 billion, aiming to strengthen its regulatory capital and support future growth, the bank said in a filing with the Pakistan Stock Exchange (PSX) on Thursday.
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The State Bank of Pakistan’s decision to allow regulated banking access for Pakistan Virtual Asset Regulatory Authority (PVARA)-licensed virtual asset service providers (VASPs) marks a significant policy shift—arguably one of the most consequential in the country’s financial regulatory landscape since 2018.
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KARACHI, April 16, 2026 — United Bank Limited (UBL) said on Wednesday that its exposure to the Gulf Cooperation Council (GCC) region remains limited and well-secured, even as geopolitical tensions in the Middle East continue to create uncertainty in global financial markets.
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KARACHI, April 15, 2026 — Pakistan’s commercial banks aggressively participated in the latest treasury bill auction on Wednesday, submitting bids worth more than Rs4 trillion against a government target of Rs1.35 trillion, underscoring ample liquidity in the banking system.
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KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.
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