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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.

Bank Alfalah

Bank Alfalah sees sharp 26% profit dip in CY25 despite rising income

February 16, 2026February 16, 2026Faisal Shahnawaz

Karachi, February 16, 2026: Bank Alfalah Limited on Monday reported a sharp 26% year-on-year decline in profit after tax for the calendar year ended December 31, 2025, reflecting rising operating costs despite higher income.

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Pakistan Rupee

Rupee continues gradual recovery against dollar in new week

February 15, 2026February 15, 2026Faisal Shahnawaz

Karachi, February 15, 2026 – The Pakistani rupee is expected to remain largely stable in the coming week, as importer demand for dollars is being balanced by steady inflows, particularly remittances from overseas workers, according to currency market dealers.

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ICMA Pakistan

ICMAP pushes to scrap Rs10 banknote for lasting savings

February 13, 2026February 13, 2026Faisal Shahnawaz

Karachi, February 13, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has formally recommended replacing the Rs10 banknote with a coin, a move it says could save billions of rupees annually while improving currency management and operational efficiency across Pakistan.

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Pakistan Rupee

PKR appreciates against US dollar amid strong remittances

February 13, 2026February 13, 2026Faisal Shahnawaz

Karachi, February 13, 2026 – The Pakistani rupee (PKR) strengthened slightly against the US dollar on Friday, gaining 3 paisa amid robust inflows of overseas remittances ahead of the holy month of Ramadan.

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SBP report on banking sector

Banks disburse Rs1.41 trillion in agricultural loans as growers rise to 2.97 million

February 13, 2026February 13, 2026Mrs. Anjum Shahnawaz

Karachi, February 13, 2026 — Agricultural credit disbursements by Pakistan’s banking sector surged to Rs1.412 trillion during the first half of FY26, while the number of borrowers increased to 2.97 million, reflecting broader financial inclusion and improved access to credit for farmers nationwide.

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faysalbank-islami

Faysal Bank and Waseela Pakistan partner to fast-track Shariah financing for farmers

February 11, 2026February 11, 2026Faisal Shahnawaz

Karachi, February 11, 2026: Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for farmers to meet their agricultural production needs.

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Bank Al Habib

Bank Al Habib profits take a hit as earnings slide 23% in CY25

February 11, 2026February 11, 2026Shahnawaz Akhter

Karachi, February 11, 2026 – Bank Al Habib Limited on Wednesday reported a sharp 23% decline in its after-tax profit for the calendar year ended December 31, 2025, reflecting pressure from lower net interest income and rising operating costs.

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Pakistan Rupee

PKR gains against USD on strong remittance inflows

February 10, 2026February 10, 2026Faisal Shahnawaz

Karachi, February 10, 2026 – The Pakistani rupee (PKR) gained three paisa against the US dollar (USD) on Tuesday, driven by strong inflows of remittances, currency dealers said.

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Overseas Pakistanis send $3.47bn remittances in January ahead of Ramadan

February 10, 2026February 10, 2026Faisal Shahnawaz

Karachi, February 10, 2026 – Overseas Pakistanis sent $3.47 billion in workers’ remittances during January 2026, according to data released by the State Bank of Pakistan (SBP) on Tuesday.

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Meezan Bank Limited

Meezan Bank profit slips 12% in 2025 amid sector pressures

February 9, 2026February 9, 2026Faisal Shahnawaz

KARACHI, February 9, 2026 — Meezan Bank Limited (MEBL) announced its annual financial results for the calendar year 2025, reporting a 12% decline in after-tax profit compared to the previous year. The bank posted an after-tax profit of Rs89 billion for CY25, down from Rs101.51 billion in CY24, according to figures shared with the Pakistan […]

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