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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.

Habib Bank Limited

HBL hit with Rs13.7 million penalties in Q1 2026

April 28, 2026April 28, 2026Faisal Shahnawaz

Karachi, April 28, 2026 – Habib Bank Limited reported that it paid monetary penalties of Rs13.7 million during the first quarter of calendar year 2026, reflecting a notable increase compared to Rs11.29 million in the same period last year, according to its financial statement released on Tuesday.

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coins and money

Bank of Punjab posts 165% profit jump in Q1 2026 on strong income growth

April 27, 2026April 27, 2026Faisal Shahnawaz

KARACHI, April 27 – The Bank of Punjab (BOP) reported a sharp 165% increase in after-tax profit for the first quarter of calendar year 2026, driven by strong growth in core income streams and higher non-markup earnings, according to financial results submitted to the Pakistan Stock Exchange (PSX) on Monday.

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SBP hikes policy rate to 11.5% as Middle East crisis fuels inflation shock

April 27, 2026April 27, 2026Shahnawaz Akhter

KARACHI, April 27  – The State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 11.50% on Monday, warning that intensifying geopolitical tensions in the Middle East have significantly heightened risks to inflation, external stability and overall macroeconomic conditions.

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SBP monetary policy decision: Is a 100bps interest rate hike coming?

April 25, 2026April 25, 2026Faisal Shahnawaz

Karachi, April 25, 2026 – Expectations are building ahead of the upcoming monetary policy announcement by the State Bank of Pakistan scheduled for April 27, 2026, with market participants increasingly debating whether the central bank will raise the benchmark interest rate by up to 100 basis points amid rising global oil prices and geopolitical uncertainty.

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SECP Annual Report

SECP tightens AML net with IBAN and biometric rules

April 24, 2026April 24, 2026Faisal Shahnawaz

Islamabad, April 24, 2026 – The Securities and Exchange Commission of Pakistan has unveiled proposed amendments to its Anti-Money Laundering and Counter Financing of Terrorism regulations, aiming to tighten safeguards while enabling seamless digital onboarding for investors.

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SBP expected to maintain 10.50% rate as inflation pressures ease

April 24, 2026April 24, 2026Faisal Shahnawaz

Karachi, April 24, 2026 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 10.50% in the upcoming Monetary Policy Committee (MPC) meeting scheduled for April 27, 2026, as analysts anticipate a continued cautious stance amid global uncertainty and mixed domestic inflation signals.

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SBP report on banking sector

SBP launches crop loan insurance scheme plus (CLIS+) to strengthen farmer protection

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – The State Bank of Pakistan has launched the Crop Loan Insurance Scheme Plus (CLIS+), an upgraded version of its earlier crop insurance framework, aimed at enhancing financial protection for farmers and strengthening agricultural resilience in Pakistan.

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Meezan Bank Limited

Meezan Bank profit slightly declines in Q1 2026 as costs rise

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Meezan Bank Limited, Pakistan’s largest Islamic bank, reported a marginal decline in profit for the first quarter of calendar year 2026, as higher operating expenses weighed on earnings despite growth in total income.

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Pakistan Rupee

Pakistan rupee gains against US dollar on strong foreign inflows

April 22, 2026April 22, 2026Faisal Shahnawaz

Karachi, April 22, 2026 – The Pakistani rupee posted a modest gain against the US dollar on Wednesday, supported by strong foreign inflows and improved market sentiment, according to data released by the State Bank of Pakistan.

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Pakistan Rupee

Rupee seen stable next week on Saudi inflows, surplus support

April 19, 2026April 19, 2026Faisal Shahnawaz

KARACHI, April 19 — Pakistan’s rupee is expected to remain broadly stable against the United States dollar in the coming week, supported by improving external inflows and a surprise current account surplus, analysts said.

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