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.

NBP reports Rs36 billion income tax disputes with FBR

Karachi, August 30, 2025 – The National Bank of Pakistan (NBP) has disclosed that its ongoing income tax disputes with the Federal Board of Revenue (FBR) have reached an aggregate value of approximately Rs36 billion by the end of the second quarter of 2025.
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August 30, 2025
SBP designates D-SIBs for 2025 to strengthen banking stability

Karachi, August 29, 2025 – The State Bank of Pakistan (SBP) has formally designated D-SIBs (Domestic Systemically Important Banks) for the year 2025, following its established framework issued in April 2018 and updated in December 2022.
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August 29, 2025
Rupee gains ground, closes at 281.77 against dollar

Karachi, August 29, 2025 – The Pakistani rupee continued its upward trajectory on Friday, appreciating by three paisas against the dollar, and settling at PKR 281.77 in the interbank foreign exchange market.
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August 29, 2025
SBP orders banks to track billions in outward remittances

KARACHI, August 29, 2025 – The State Bank of Pakistan (SBP) has instructed all banks to provide detailed data on outward remittances and foreign exchange transactions sent abroad by corporate entities and individual investors.
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August 29, 2025
SBP announces 27% drop in after-tax profit for FY25

Karachi, August 28, 2025 – The State Bank of Pakistan (SBP) has reported a sharp 27% decline in its after-tax profit for the fiscal year 2024-25, reflecting a challenging financial environment.
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August 28, 2025
SECP grants digital lending license to boost investment

Islamabad, August 28, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward advancing digital finance by granting a digital lending license to Foremost Financial Services (Pvt) Limited, enabling it to operate as a Non-Banking Finance Company (NBFC).
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August 28, 2025
PKR vs USD: rupee records modest gain of 3 paisas

Karachi, August 28, 2025 – The Pakistani rupee strengthened slightly against the US dollar on Thursday, posting a modest gain of three paisas in the interbank foreign exchange market.
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August 28, 2025
Faysal Bank reports 28% decline in second quarter profit

Karachi, August 28, 2025 – Faysal Bank Limited has reported a 28% year-on-year (YoY) decline in net profit for the second quarter ending June 30, 2025, reflecting the impact of rising costs and economic pressures on the banking sector.
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August 28, 2025
UBL issues notice to former Silkbank account holders

Karachi, August 28, 2025 – United Bank Limited (UBL) has issued an important advisory for former Silkbank account holders, outlining key updates regarding their banking services following the merger of Silkbank with UBL.
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August 28, 2025
PKR vs USD: rupee strengthens by 3 paisas in interbank

Karachi, August 27, 2025 – The Pakistani rupee posted a modest gain against the US dollar on Wednesday, appreciating by three paisas in the interbank foreign exchange market.
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August 27, 2025