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.

CCP approves FWBL acquisition by Abu Dhabi firm Eve Holdings

Islamabad, February 23, 2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of First Women Bank Limited (FWBL) by Abu Dhabi-based Eve Holdings RSC Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010.
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February 23, 2026
Pakistani rupee maintains steady growth, reaches Rs279.55 against USD

Karachi, February 23, 2026 – The Pakistani rupee maintained steady growth against the US dollar on Monday, closing at Rs279.55, according to the State Bank of Pakistan (SBP). The rupee gained one paisa compared to last Friday’s closing of Rs279.56 in the interbank foreign exchange market.
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February 23, 2026
Banks return dormant funds: SBP receives CY24 unclaimed deposits

Karachi, February 23, 2026 – Around 13 commercial banks in Pakistan have surrendered their unclaimed deposits up to December 31, 2024 to the State Bank of Pakistan (SBP) in compliance with the Banking Companies Ordinance, 1962. This step is part of ongoing efforts to ensure that dormant funds are returned to their rightful owners.
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February 23, 2026
Pakistani rupee expected to remain stable amid global uncertainties

Islamabad, February 22, 2026 – The Pakistani rupee is projected to remain broadly stable during the week starting February 23, 2026, despite mounting geopolitical tensions and global trade disputes.
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February 22, 2026
Banks recover Rs28.76 billion against NPLs in December quarter

Karachi, February 21, 2026 — Pakistan’s banking sector achieved significant progress in recovering non-performing loans (NPLs), with total recoveries reaching Rs28.76 billion during the quarter ended December 2025, according to the State Bank of Pakistan (SBP). This marked an increase from Rs25.77 billion recovered in the September 2025 quarter.
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February 21, 2026
Soneri Bank battles FBR over multi-billion tax disputes

Karachi, February 19, 2026 – Soneri Bank Limited has revealed significant tax contingencies in its 2025 annual report submitted to the Pakistan Stock Exchange (PSX), highlighting ongoing disputes with the Federal Board of Revenue (FBR) that could involve billions of rupees in potential liabilities.
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February 19, 2026
SBP notifies bank timings for Ramazan 2026

Karachi, February 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday announced the official bank timings for Ramazan 2026, starting from February 19, 2026. The revised timings are designed to accommodate the observance of the holy month while ensuring smooth banking operations across the country.
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February 18, 2026
BankIslami Pakistan reports 50% drop in net profit for CY25

Karachi, February 18, 2026 – BankIslami Pakistan Limited on Wednesday announced a sharp 50% decline in net profit for the calendar year ended December 31, 2025 (CY25), reflecting rising operating costs and lower income amid challenging economic conditions.
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February 18, 2026
Rupee strengthens to Rs279.57 against dollar amid robust foreign inflows

Karachi, February 18, 2026 – The Pakistani rupee gained strength on Wednesday, closing at Rs279.57 against the US dollar, supported by strong foreign inflows and improving macroeconomic indicators. According to the State Bank of Pakistan (SBP), the rupee appreciated by 3 paisas from the previous day’s interbank closing of Rs279.60.
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February 18, 2026
HBL reports strong 4QCY25 earnings, declares Rs6 dividend

Karachi, February 18, 2026 – Habib Bank Limited (HBL) announced its 4QCY25 results today, posting consolidated profit after tax (PAT) of PKR 15.4 billion (EPS: PKR 10.5), up 7% year-on-year (YoY) but down 9% quarter-on-quarter (QoQ). This brings HBL’s full-year 2025 profitability to PKR 66.7 billion (EPS: PKR 45.5), marking a 14% YoY increase, the highest recorded level for the bank.
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February 18, 2026