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.

Crypto firms can now access banks in Pakistan under new law

The State Bank of Pakistan’s decision to allow regulated banking access for Pakistan Virtual Asset Regulatory Authority (PVARA)-licensed virtual asset service providers (VASPs) marks a significant policy shift—arguably one of the most consequential in the country’s financial regulatory landscape since 2018.
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April 16, 2026
UBL says GCC exposure contained despite Middle East tensions

KARACHI, April 16, 2026 — United Bank Limited (UBL) said on Wednesday that its exposure to the Gulf Cooperation Council (GCC) region remains limited and well-secured, even as geopolitical tensions in the Middle East continue to create uncertainty in global financial markets.
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April 16, 2026
Banks flood T-bill auction as SBP receives Rs4 trillion bids

KARACHI, April 15, 2026 — Pakistan’s commercial banks aggressively participated in the latest treasury bill auction on Wednesday, submitting bids worth more than Rs4 trillion against a government target of Rs1.35 trillion, underscoring ample liquidity in the banking system.
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April 16, 2026
Bank deposits in Pakistan hit record Rs37.51 trillion: SBP

KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.
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April 15, 2026
UBL posts 38% profit growth in Q1 2026, declares Rs8 dividend

KARACHI, April 15, 2026 — United Bank Limited (UBL) on Wednesday reported a strong 38% year-on-year increase in after-tax profit for the first quarter ended March 31, 2026, supported by robust income growth and gains on securities, according to a filing with the Pakistan Stock Exchange (PSX).
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April 15, 2026
Rupee gains as dollar slips to Rs278.97 in interbank market

KARACHI, April 14, 2026 — Pakistan’s rupee edged higher against the U.S. dollar in the interbank market on Tuesday, supported by steady inflows and central bank management, according to official data.
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April 14, 2026
Pakistan banks see Rs141bn rise in manufacturing deposits in March 2026

KARACHI, April 14, 2026 — Commercial banks in Pakistan recorded an increase of more than Rs141 billion in deposits from the manufacturing sector in March 2026, reflecting shifting liquidity patterns amid heightened geopolitical uncertainty, according to data released by the State Bank of Pakistan (SBP).
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April 14, 2026
Pakistani rupee likely to remain stable against dollar next week

KARACHI – The Pakistani rupee is expected to trade within a narrow range against the U.S. dollar in the coming week, supported by steady remittance inflows and improving investor sentiment linked to anticipated funding from the International Monetary Fund, analysts said.
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April 12, 2026
Pakistan allows short-term forward deals to boost remittances

The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
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April 11, 2026
Rupee gains slightly against dollar despite external pressures

Karachi, April 9, 2026 — The Pakistani rupee posted a marginal gain against the US dollar on Thursday, showing resilience despite ongoing external financial pressures and global uncertainties.
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April 9, 2026