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.
Lower interest rates drive stronger business credit demand as Islamic banking branches record the highest lending growth
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Bank’s earnings surge 33% as board approves major investments in agriculture, microfinance and higher education
(more…)Banks required to connect their systems with the PSW portal to strengthen trade-based money laundering controls and enhance trade transaction monitoring.
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National Savings deposits are projected to rise to Rs1.49 trillion, driven by higher inflows into savings accounts and Islamic savings products.
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SBP reserves decline sharply during the week ending July 10, 2026, while Pakistan’s overall liquid foreign exchange reserves remain above $22.6 billion.
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Prime minister calls for faster shift to a cashless economy, expanded QR payments and full digitisation of overseas remittances
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Ombudsman cites failures in fraud monitoring, transaction limits and regulatory compliance after customer loses savings to scammers
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Pakistan’s total liquid foreign exchange reserves reach $23.99 billion as central bank holdings strengthen
ISLAMABAD: SBP foreign exchange reserves in July 2026 surged by $1.94 billion, or 11.8%, during the week ended July 3, 2026, supported by the receipt of Government of Pakistan (GoP) inflows, according to data released by the central bank.
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Prime Minister thanks overseas Pakistanis after workers’ remittances reach a record high, strengthening the country’s external sector.
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Annual remittance inflows hit a record $41.59 billion in FY2025-26 despite seasonal decline in June
ISLAMABAD: Pakistan remittances in June 2026 fell 18% month-on-month to $3.48 billion, mainly due to a high base in the previous month during the festive season, while annual inflows climbed to a record $41.59 billion in fiscal year 2025-26 (FY26), according to research based on State Bank of Pakistan (SBP) data.
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