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, March 11, 2026 – The State Bank of Pakistan reported a staggering 203% surge in government borrowing from commercial banks during the first eight months (July–February) of the fiscal year 2025-26, compared to the same period last year.
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Karachi, March 11, 2026 – The State Bank of Pakistan has reported that large-scale cash withdrawals wiped out Rs790 billion from the country’s banking system in a single month, highlighting continued liquidity movement among depositors.
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Karachi, March 10, 2026 – The State Bank of Pakistan (SBP) has imposed a penalty of around Rs102 million on Allied Bank Limited for violations of banking regulations, according to the bank’s latest financial disclosures submitted to the Pakistan Stock Exchange (PSX).
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Karachi, March 9, 2026 – United Bank Limited (UBL) has announced a 40% discount on tax filing services through third-party providers but clarified that it does not assume any liability for taxpayers availing the offer, which is provided to celebrate Ramazan.
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KARACHI, March 9, 2026: The Pakistani rupee continued its upward trajectory against the US dollar on Monday, demonstrating resilience despite surging global oil prices that have rattled markets worldwide.
(more…)KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday announced that it will keep the benchmark key policy rate unchanged at 10.50%, citing a significant increase in risks to the country’s macroeconomic outlook amid global geopolitical uncertainties.
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Karachi, March 9, 2026 – Bank Alfalah Limited has disclosed tax contingencies for the calendar year ended December 31, 2025, in its annual financial statements filed with the Pakistan Stock Exchange (PSX).
(more…)Karachi, March 8, 2026 – The Pakistani rupee is expected to remain relatively stable against the US dollar in the coming week, although external pressures linked to geopolitical tensions and rising global energy prices may keep the local currency under mild strain.
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Karachi, March 8, 2026 – State Bank of Pakistan has imposed a regulatory penalty of Rs81 million on Faysal Bank Limited during the calendar year ended December 31, 2025, according to the bank’s annual financial statement submitted to the Pakistan Stock Exchange (PSX).
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Karachi, March 7, 2026 – Bank Makramah Limited has successfully recovered over Rs4 billion from Omni Group, part of a total Rs10.17 billion exposure, through the sale of shares, the bank disclosed in its financial results for the year ended December 31, 2025.
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