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, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that all banks will remain closed for public dealing on the first day of Ramadan 1447 A.H. for the purpose of Zakat deduction 2026.
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Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that the federal government is providing a 10 percent first loss credit guarantee to financing banks under the Prime Minister’s Fan Replacement Program (PM FRP), aimed at promoting energy conservation and efficiency across the country.
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Islamabad, February 17, 2026 — The Ministry of Poverty Alleviation and Social Safety on Tuesday issued an official statement regarding the determination and announcement of the Nisab of Zakat for the year 2026.
(more…)Karachi, February 16, 2026 – The State Bank of Pakistan (SBP) on Monday launched “Cyber Shield – the Cyber Resilience Strategy for Regulated Entities”, a comprehensive national framework aimed at strengthening the safety, security, and resilience of Pakistan’s banking and financial system against rapidly evolving cyber threats.
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Karachi, February 16, 2026: Bank Alfalah Limited on Monday reported a sharp 26% year-on-year decline in profit after tax for the calendar year ended December 31, 2025, reflecting rising operating costs despite higher income.
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Karachi, February 15, 2026 – The Pakistani rupee is expected to remain largely stable in the coming week, as importer demand for dollars is being balanced by steady inflows, particularly remittances from overseas workers, according to currency market dealers.
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Karachi, February 13, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has formally recommended replacing the Rs10 banknote with a coin, a move it says could save billions of rupees annually while improving currency management and operational efficiency across Pakistan.
(more…)Karachi, February 13, 2026 – The Pakistani rupee (PKR) strengthened slightly against the US dollar on Friday, gaining 3 paisa amid robust inflows of overseas remittances ahead of the holy month of Ramadan.
(more…)Karachi, February 13, 2026 — Agricultural credit disbursements by Pakistan’s banking sector surged to Rs1.412 trillion during the first half of FY26, while the number of borrowers increased to 2.97 million, reflecting broader financial inclusion and improved access to credit for farmers nationwide.
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Karachi, February 11, 2026: Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for farmers to meet their agricultural production needs.
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