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, October 17, 2025 – The State Bank of Pakistan (SBP) has highlighted that religious concerns about interest-based banking continue to significantly impact both credit demand and deposit mobilization across the country.
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Karachi, October 15, 2025 – Complaints related to online banking have witnessed a notable surge in Pakistan over the past few years, according to the Annual Report 2024 issued by the Banking Mohtasib of Pakistan.
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Karachi, October 15, 2025 – United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has posted a remarkable Rs100 billion profit after tax for the nine months ended September 30, 2025.
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Karachi, October 14, 2025 – The State Bank of Pakistan (SBP) has launched the National Subsistence Farmers Support Initiative (NSFSI) under the Risk Coverage Scheme for Small Farmers and Underserved Areas, aiming to enhance access to agricultural credit for small and marginalized farmers.
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Karachi, October 13, 2025 – National Bank of Pakistan (NBP), at the forefront of digital transformation towards cashless banking in Pakistan, enabled National Accountability Bureau (NAB) on SmartPay.
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Karachi, October 12, 2025 – The Pakistani rupee is projected to maintain its mild upward momentum against the US dollar in the coming trading sessions, despite cautious sentiment among exporters and renewed uncertainty following the departure of the International Monetary Fund (IMF) mission without a staff-level agreement (SLA) on the $1 billion loan tranche.
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Islamabad, October 10, 2025 – Federal Minister for Parliamentary Affairs, Dr. Tariq Fazal Chaudhry, on Friday informed the National Assembly that the government has taken a decisive step toward regulating cryptocurrency in Pakistan.
(more…)Karachi, October 9, 2025 – Pakistan’s workers’ remittances from the United States dropped by 10% during the first quarter (July–September) of fiscal year 2025–26, according to new data released by the State Bank of Pakistan (SBP).
(more…)Karachi, September 29, 2025 – The State Bank of Pakistan (SBP) has launched a new cost-sharing scheme aimed at promoting electric bikes and electric rickshaws/loaders across the country.
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Karachi, September 24, 2025 – The State Bank of Pakistan (SBP) has announced a major initiative aimed at promoting affordable housing finance in the country. The scheme, introduced under the government’s “Mera Ghar – Mera Ashiana” program, seeks to make home ownership more accessible for citizens, especially first-time buyers.
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