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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.

SBP revises foreign exchange exposure limit for banks

August 2, 2025August 2, 2025Shahnawaz Akhter

Karachi, August 2, 2025 – The State Bank of Pakistan (SBP) has announced a significant revision in the Foreign Exchange Exposure Limit (FEEL) for banks, aiming to enhance flexibility in foreign exchange operations amid evolving market dynamics.

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banks

Banks join hands with govt to boost EV financing nationwide

August 1, 2025August 1, 2025Faisal Shahnawaz

Islamabad, August 1, 2025 – In a major push toward sustainable transport, banks across Pakistan have pledged support for innovative financing solutions aimed at making electric vehicles (EVs) more accessible to the general public.

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rupee vs dollar

Rupee streaks ahead, dollar falters for 8th Session

August 1, 2025August 1, 2025Faisal Shahnawaz

Karachi, August 1, 2025 – The Pakistani rupee continued its upward trend against the dollar for the eighth straight session on Friday, boosted by a strong crackdown on illegal currency trade.

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rupee vs dollar

Pakistani rupee strengthens for 7th straight session

July 31, 2025July 31, 2025Faisal Shahnawaz

Karachi, July 31, 2025 – The Pakistani rupee extended its winning streak for the seventh consecutive session on Thursday, continuing to show strength against the US dollar in the interbank foreign exchange market.

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Habib Bank Limited

Habib Bank pays Rs41 billion in income tax during 1HCY25

July 31, 2025July 31, 2025Shahnawaz Akhter

Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.

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SBP report on banking sector

SBP issues regulatory framework for bank recovery planning

July 30, 2025July 30, 2025Shahnawaz Akhter

Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework to guide banks in developing robust recovery planning mechanisms aimed at safeguarding financial stability during periods of distress.

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rupee vs dollar

Rupee extends winning streak against dollar for sixth day

July 30, 2025July 30, 2025Faisal Shahnawaz

Karachi, July 30, 2025 – The Pakistani rupee continued its upward trajectory for the sixth straight session on Wednesday, gaining 10 paisas against the US dollar amid a government-led crackdown on unauthorized currency dealers.

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SBP maintains 11% policy rate amid inflation concerns

July 30, 2025July 30, 2025Shahnawaz Akhter

Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.

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Income Tax Return FBR

Allied Bank, Befiler join forces for seamless 2025 tax filing

July 30, 2025July 30, 2025Faisal Shahnawaz

Allied Bank, one of Pakistan’s top commercial banks, has officially partnered with Befiler, a leading digital tax filing platform, to revolutionize the 2025 tax return filing process.

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cryto currency Pakistan

Govt engages banks, firms on crypto framework

July 30, 2025July 30, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, July 30, 2025 – The federal government has intensified efforts to build a regulatory environment for cryptocurrency and virtual assets, holding a high-level consultation in Islamabad with key stakeholders from banks, exchange companies, and the gems and jewellery sector.

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