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 launches ‘InvestPak’ digital portal to boost investments in government securities

Karachi, November 5, 2025 – In a major step toward digitizing Pakistan’s financial ecosystem, the State Bank of Pakistan (SBP) has launched ‘InvestPak’, an innovative web portal designed to simplify and modernize investments in government securities for both individual and corporate investors.
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November 5, 2025
SBP slaps Rs1.5 billion penalty on NBP over counterfeit bank notes

Karachi, November 5, 2025 – In a major regulatory move, the State Bank of Pakistan (SBP) has imposed hefty penalties totaling nearly Rs1.5 billion on the National Bank of Pakistan (NBP) following the detection of counterfeit banknotes in its operations.
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November 5, 2025
HTL partners with JazzCash to launch digital payment solutions nationwide

Karachi, November 3, 2025 – Hi-Tech Lubricants Limited (HTL) has announced a strategic partnership with JazzCash, one of Pakistan’s leading digital financial service providers, to expand digital payment accessibility across its nationwide retail network.
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November 3, 2025
Muhammad Amin Khan Lodhi Appointed as SBP Deputy Governor

Karachi, October 31, 2025 – The Federal Government has appointed Muhammad Amin Khan Lodhi as the Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term, effective October 30, 2025, according to an official statement issued by the SBP on Friday. Mr. Lodhi assumed his responsibilities on the same day.
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October 31, 2025
JazzCash scam awareness competition sparks nationwide digital fraud dialogue

Karachi, October 30, 2025 – JazzCash and Mobilink Microfinance Bank, in partnership with key national regulators, have successfully concluded the Scam Awareness Media Competition, significantly advancing public discourse on financial scams and digital safety in Pakistan.
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October 30, 2025
BankIslami Pakistan hit with Rs189 million in regulatory actions

Karachi, October 30, 2025 – BankIslami Pakistan Limited has reported substantial regulatory penalties and charges amounting to Rs189 million during the nine-month period ended September 30, 2025, according to its latest financial statement.
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October 30, 2025
Policy rate at 11% may not ease inflation: ICMAP

Karachi, October 28, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has cautioned that the current 11% policy rate maintained by the State Bank of Pakistan (SBP) may not ease inflationary pressures, as the country’s price surge is mainly driven by supply-side factors rather than demand.
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October 28, 2025
JazzCash wins silver award for innovation in lending at Money20/20 USA 2025

Karachi, October 28, 2025 – JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem.
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October 28, 2025
Rising inflation pushes SBP to maintain policy rate at 11%

Karachi, October 27, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11 percent during its Monetary Policy Committee (MPC) meeting held on Monday. The decision reflects the central bank’s cautious stance amid rising inflation and global economic uncertainties.
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October 27, 2025
SBP Set to Review Benchmark Policy Rate: What to Expect?

Karachi, October 26, 2025 – The State Bank of Pakistan (SBP) will hold its next Monetary Policy Committee (MPC) meeting on October 27, 2025, to review the benchmark interest rate.
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October 26, 2025