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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.

state bank of pakistan 03

SBP issues new instructions on distribution of assets of deceased persons

May 13, 2026May 13, 2026Mrs. Anjum Shahnawaz

Central bank simplifies inheritance remittance process for foreign legal heirs KARACHI – State Bank of Pakistan (SBP) has issued revised instructions regarding the distribution and remittance of assets belonging to deceased persons to legal heirs residing abroad.

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banking mohtasib

BMP says 66% complaints filed against large banks in 2025

May 12, 2026May 12, 2026Shahnawaz Akhter

Majority complaints filed against large banks Banking Mohtasib Pakistan on Tuesday said around 66 percent of banking complaints received during calendar year 2025 were filed against large-sized banks.

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banking mohtasib

Banking Mohtasib provides Rs1.87 billion relief to customers in 2025

May 11, 2026May 11, 2026Shahnawaz Akhter

Banking Mohtasib Pakistan provided relief exceeding Rs1.87 billion to banking customers during calendar year 2025 by resolving 36,280 complaints against commercial banks.

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Pakistan receives $3.5 billion remittances in April 2026

May 11, 2026May 11, 2026Faisal Shahnawaz

State Bank of Pakistan on Monday announced that Pakistan received $3.5 billion in workers’ remittances during April 2026.

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Pakistan Rupee

Rupee seen stable on IMF inflows and remittances support

May 10, 2026May 10, 2026Faisal Shahnawaz

The Pakistani rupee is expected to remain stable in the near term, supported by anticipated inflows from the International Monetary Fund under two separate loan programs and healthy workers’ remittances ahead of Eidul Azha.

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SBP report on banking sector

SBP Updates on Riba-Free Banking Conversion in Pakistan

May 6, 2026May 6, 2026Shahnawaz Akhter

KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has shared progress on Pakistan’s transition toward a Riba-free banking system in line with the landmark judgment of the Federal Shariat Court (FSC).

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Banks Flourish on Back of Government Securities: SBP

May 5, 2026May 5, 2026Shahnawaz Akhter

KARACHI, May 5, 2026 – Pakistan’s banking sector posted strong growth in 2025, largely driven by increased investments in government securities, according to the latest report by the State Bank of Pakistan (SBP).

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SBP governor Jameel Ahmad

SBP Ready to Take Measures to Address Risks Amid Middle East Conflict

May 5, 2026May 5, 2026Shahnawaz Akhter

KARACHI, May 5, 2026 – Governor Jameel Ahmad said the State Bank of Pakistan (SBP) is fully prepared to take necessary measures to safeguard financial stability amid risks arising from the ongoing Middle East conflict.

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Bank Makramah

SBP Imposes Rs265,000 Monetary Penalty on Bank Makramah

May 5, 2026May 5, 2026Shahnawaz Akhter

KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.

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Finance Minister Aurangzeb

Finance Minister Aurangzeb directs SBP and banks to fortify cybersecurity infrastructure

May 2, 2026May 2, 2026Mrs. Anjum Shahnawaz

ISLAMABAD – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for an urgent and comprehensive overhaul of Pakistan’s financial cybersecurity, emphasizing that the protection of digital infrastructure is now a “high-priority systemic concern.”

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  • Government proposes Rs80 per litre FED on petroleum products
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