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.
National Savings deposits are projected to rise to Rs1.49 trillion, driven by higher inflows into savings accounts and Islamic savings products.
(more…)
SBP reserves decline sharply during the week ending July 10, 2026, while Pakistan’s overall liquid foreign exchange reserves remain above $22.6 billion.
(more…)
Prime minister calls for faster shift to a cashless economy, expanded QR payments and full digitisation of overseas remittances
(more…)
Ombudsman cites failures in fraud monitoring, transaction limits and regulatory compliance after customer loses savings to scammers
(more…)
Pakistan’s total liquid foreign exchange reserves reach $23.99 billion as central bank holdings strengthen
ISLAMABAD: SBP foreign exchange reserves in July 2026 surged by $1.94 billion, or 11.8%, during the week ended July 3, 2026, supported by the receipt of Government of Pakistan (GoP) inflows, according to data released by the central bank.
(more…)
Prime Minister thanks overseas Pakistanis after workers’ remittances reach a record high, strengthening the country’s external sector.
(more…)
Annual remittance inflows hit a record $41.59 billion in FY2025-26 despite seasonal decline in June
ISLAMABAD: Pakistan remittances in June 2026 fell 18% month-on-month to $3.48 billion, mainly due to a high base in the previous month during the festive season, while annual inflows climbed to a record $41.59 billion in fiscal year 2025-26 (FY26), according to research based on State Bank of Pakistan (SBP) data.
(more…)
Jameel Ahmad calls for sector-specific financial products and digital innovation to support Pakistan’s economic growth
ISLAMABAD: Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, has urged commercial banks to move beyond traditional lending models and reduce reliance on government-backed financing schemes by developing sector-specific financial products tailored to the needs of agriculture, small and medium-sized enterprises (SMEs), and other productive sectors.
(more…)
Central bank abolishes mandatory minimum return on large individual deposits, trusts and private companies to ease banks’ funding costs.
(more…)
New web portal and mobile app enable retail and corporate investors to purchase Government of Pakistan securities digitally while promoting financial inclusion.
(more…)