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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.

SBP report on banking sector

Premium prize bonds shine in Pakistan as investments jump 26%

February 9, 2026February 9, 2026Faisal Shahnawaz

Karachi, February 8, 2026 – Investment in premium prize bonds recorded a strong growth of 26% by the end of December 2025, reflecting rising public confidence in documented and secure savings instruments, according to the latest data released by the State Bank of Pakistan (SBP).

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Pakistan Rupee

Rupee likely to strengthen against dollar amid Ramadan inflows

February 8, 2026February 8, 2026Faisal Shahnawaz

Karachi, February 8, 2026 – The Pakistani rupee is expected to gain strength against the US dollar in the coming weeks, supported by higher remittance inflows ahead of the holy month of Ramadan and improving export performance.

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state bank of pakistan 03

SBP governor rules out newly designed currency notes for Eid

February 6, 2026February 6, 2026Faisal Shahnawaz

Karachi, February 6, 2026 – Jameel Ahmad, the Governor of the State Bank of Pakistan (SBP), has confirmed that newly designed currency notes will not be available this Eid-ul-Fitr. Speaking with senior journalists, he also shared updates on interest rates, remittances, exports, and digital finance initiatives.

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SBP to introduce carrot-and-stick policy for asset recovery

February 5, 2026February 5, 2026Shahnawaz Akhter

Karachi, February 5, 2026 – The State Bank of Pakistan (SBP) is preparing to roll out a comprehensive “carrot and stick” policy aimed at strengthening asset recovery in cases of financial crimes, including corruption and money laundering, according to official documents.

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MCB Bank Building

MCB Bank posts over 6% decline in profit for CY25

February 5, 2026February 5, 2026Faisal Shahnawaz

Karachi: MCB Bank Limited has reported a decline of more than 6 percent in its annual profit after tax for the calendar year ended December 31, 2025, according to financial results shared with the Pakistan Stock Exchange (PSX).

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Pakistan Rupee

Pakistani rupee gains 3 paisa against USD on strong inflows

February 4, 2026February 4, 2026Faisal Shahnawaz

Karachi, February 4, 2026 – The Pakistani rupee strengthened by 3 paisa against the US dollar on Wednesday, supported by robust inflows from export receipts and workers’ remittances.

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state bank of pakistan 03

SBP declares bank holiday on February 5, 2026 for Kashmir Solidarity Day

February 3, 2026February 3, 2026Faisal Shahnawaz

Karachi, February 3, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that February 5, 2026 (Thursday) will be observed as a bank holiday across the country on account of Kashmir Solidarity Day, in line with the federal government’s declaration.

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Faysal Bank Olympic

Faysal Bank Champions Inclusion at Special Olympics Unified Marathon 2026

February 2, 2026February 2, 2026Faisal Shahnawaz

Faysal Bank Limited (FBL), Pakistan’s Best Islamic Bank, reaffirmed its commitment to values of Care, Diversity, Equity, and Inclusion (DEI) by proudly sponsoring the 2nd Faysal Bank Special Olympics Pakistan (SOP) Unified Marathon, an inspiring annual event that celebrates resilience, equality, and the power of community.

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Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut

February 2, 2026February 2, 2026Faisal Shahnawaz

Karachi, February 2, 2026 – Bank borrowing by Pakistan’s private sector fell sharply by 39% during the first seven months of the current fiscal year (July 2025–January 2026), despite a substantial cut in the State Bank of Pakistan (SBP) benchmark interest rate, according to data released on Monday.

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Hascol Petroleum

NBP extends banking facility restructuring offer to Hascol Petroleum

February 2, 2026February 2, 2026Faisal Shahnawaz

Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.

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