Category: Money & Banking

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.

JazzCash scam awareness competition sparks nationwide digital fraud dialogue

Karachi, October 30, 2025 – JazzCash and Mobilink Microfinance Bank, in partnership with key national regulators, have successfully concluded the Scam Awareness Media Competition, significantly advancing public discourse on financial scams and digital safety in Pakistan.
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October 30, 2025
BankIslami Pakistan hit with Rs189 million in regulatory actions

Karachi, October 30, 2025 – BankIslami Pakistan Limited has reported substantial regulatory penalties and charges amounting to Rs189 million during the nine-month period ended September 30, 2025, according to its latest financial statement.
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October 30, 2025
Policy rate at 11% may not ease inflation: ICMAP

Karachi, October 28, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has cautioned that the current 11% policy rate maintained by the State Bank of Pakistan (SBP) may not ease inflationary pressures, as the country’s price surge is mainly driven by supply-side factors rather than demand.
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October 28, 2025
JazzCash wins silver award for innovation in lending at Money20/20 USA 2025

Karachi, October 28, 2025 – JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem.
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October 28, 2025
Rising inflation pushes SBP to maintain policy rate at 11%

Karachi, October 27, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11 percent during its Monetary Policy Committee (MPC) meeting held on Monday. The decision reflects the central bank’s cautious stance amid rising inflation and global economic uncertainties.
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October 27, 2025
SBP Set to Review Benchmark Policy Rate: What to Expect?

Karachi, October 26, 2025 – The State Bank of Pakistan (SBP) will hold its next Monetary Policy Committee (MPC) meeting on October 27, 2025, to review the benchmark interest rate.
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October 26, 2025
Meezan Bank Reports 11% Decline in Profit for Third Quarter CY25

Karachi, October 24, 2025 – Meezan Bank Limited (MEBL), Pakistan’s largest Islamic bank, announced an 11% drop in consolidated profit after tax (PAT) for the third quarter ended September 30, 2025, according to a financial statement submitted to the Pakistan Stock Exchange (PSX) on Friday.
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October 24, 2025
MCB Bank reports Rs87.48 billion profit before tax in nine months of 2025

Lahore, October 22, 2025 — MCB Bank Limited (PSX: MCB) has announced strong financial results for the nine months ended September 30, 2025, reporting a Profit Before Tax (PBT) of Rs. 87.48 billion and a Profit After Tax (PAT) of Rs. 41.10 billion. Earnings Per Share (EPS) stood at Rs. 34.68, compared to Rs. 40.88 during the same period last year.
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October 22, 2025
SBP and IFC collaborate to boost local currency financing in Pakistan

Karachi, October 20, 2025 – The State Bank of Pakistan (SBP) has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to strengthen local currency lending and support private sector growth in Pakistan.
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October 20, 2025
SBP issues framework for fair treatment of banking consumers

Karachi, October 17, 2025 – The State Bank of Pakistan (SBP) has unveiled the Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF) as part of its Vision 2028 strategy to strengthen consumer protection and market conduct.
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October 17, 2025