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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.

JazzCash

JazzCash rolls out free SIMs, wallets for two million BISP women

November 25, 2025November 25, 2025Mrs. Anjum Shahnawaz

Islamabad, November 25, 2025 — Pakistan has taken a significant step toward a cashless and transparent financial ecosystem as JazzCash begins the nationwide rollout of free SIMs and secure mobile wallets for two million Benazir Income Support Programme (BISP) beneficiaries.

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rupee vs dollar

Pakistani rupee gains slightly despite high import payments

November 17, 2025November 17, 2025Faisal Shahnawaz

Karachi, November 17, 2025 – Despite heightened demand for the US dollar due to import payments at the beginning of the week, the Pakistani rupee managed to maintain its value and even recorded a modest increase, supported by strong foreign inflows and robust remittances.

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state bank of pakistan 03

SBP publishes updated 2025 list of licensed exchange companies in Pakistan

November 16, 2025November 16, 2025Faisal Shahnawaz

Karachi, November 16, 2025 – The State Bank of Pakistan (SBP) has published an updated list of officially licensed exchange companies operating across the country. The latest list, available on the SBP’s website, includes firms authorized to conduct foreign currency transactions in Pakistan.

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SBP tightens rules on foreign currency accounts to boost transparency

November 16, 2025November 16, 2025Faisal Shahnawaz

Karachi, November 16, 2025 – The State Bank of Pakistan (SBP) has strengthened regulations governing foreign currency accounts to improve documentation, promote digital transactions, and enhance transparency within the foreign exchange market.

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SBP governor urges collaboration to accelerate Pakistan’s digital banking future

November 12, 2025November 12, 2025Shahnawaz Akhter

Karachi, November 12, 2025 — Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has called for collective efforts from regulators, banks, fintechs, and policymakers to accelerate the transition toward a digitally empowered economy.

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PM Shehbaz on Floods

PM Shehbaz pushes faster transition toward cashless Pakistan

November 10, 2025November 10, 2025Mrs. Anjum Shahnawaz

Islamabad, November 10, 2025 – Prime Minister Shehbaz Sharif on Monday directed authorities to accelerate efforts to transform Pakistan into a fully cashless and digital economy, emphasizing that this shift is crucial for the country’s sustainable economic growth and transparent governance.

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banking mohtasib

Banking customers receive Rs1.46 billion relief via ombudsman in 2025

November 10, 2025November 10, 2025Shahnawaz Akhter

Karachi, November 10, 2025 – The Banking Mohtasib (Ombudsman) of Pakistan has provided significant relief of Rs1.46 billion to banking customers by resolving more than 28,700 complaints during the first ten months of 2025, from January 1 to October 31.

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SBP allows bank board members to serve on exchange company boards

November 7, 2025November 7, 2025Faisal Shahnawaz

Karachi, November 7, 2025 – The State Bank of Pakistan (SBP) has updated its Corporate Governance Regulatory Framework, allowing board members of banks to also serve as board members of exchange companies owned by the same bank.

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state bank of pakistan 03

SBP declares bank holiday on November 9 for Iqbal Day

November 7, 2025November 7, 2025Faisal Shahnawaz

Karachi, November 7, 2025 – The State Bank of Pakistan (SBP) has announced that all banks, Development Financial Institutions (DFIs), and Microfinance Banks (MFBs) will remain closed across the country on November 9, 2025, in observance of Allama Iqbal Day.

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Pakistan sees 9.3% growth in workers’ remittances during 4MFY26

November 7, 2025November 7, 2025Faisal Shahnawaz

Karachi, November 7, 2025 – Pakistan’s economy received a strong boost from overseas workers as remittances inflows surged by 9.3% during the first four months (July–October) of fiscal year 2025–26, according to the latest data released by the State Bank of Pakistan (SBP).

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  • Senate committee recommends final tax regime for exporters
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