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.
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.
(more…)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.
(more…)
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.
(more…)
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.
(more…)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.
(more…)
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.
(more…)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).
(more…)Karachi, November 6, 2025 – The Pakistan Banks Association (PBA), in collaboration with the State Bank of Pakistan (SBP), has launched a nationwide Financial Fraud Awareness Campaign to educate the public on safeguarding themselves from the rising wave of digital financial scams and cyber frauds.
(more…)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.
(more…)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.
(more…)