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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.

cryto currency Pakistan

PM Shehbaz directs effective regulatory system for virtual assets

May 1, 2026May 1, 2026Faisal Shahnawaz

Islamabad, May 1, 2026: Prime Minister Shehbaz Sharif on Friday directed authorities to make an effective and internationally aligned regulatory system for virtual assets fully operational at the earliest.

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Pakistan Rupee

Pakistani rupee gains 38 paisa against US dollar in April 2026

April 30, 2026April 30, 2026Faisal Shahnawaz

Karachi, April 30, 2026 — The Pakistani rupee showed resilience in April 2026, gaining 38 paisa against the US Dollar despite ongoing geopolitical tensions and external financial pressures.

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national bank

National Bank of Pakistan Reports 26% YoY Decline in Earnings for Q1 2026

April 29, 2026April 29, 2026Faisal Shahnawaz

Karachi, April 29, 2026 — National Bank of Pakistan (NBP) reported a 26% year-on-year (YoY) decline in earnings for the first quarter ended March 31, 2026, as lower income weighed on profitability.

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state bank of pakistan 03

SBP sets 15-day deadline for housing loan approvals under Apna Ghar scheme

April 29, 2026April 29, 2026Faisal Shahnawaz

KARACHI, April 28, 2026 — The State Bank of Pakistan (SBP) has introduced new guidelines to accelerate housing loan approvals, directing banks and financial institutions to process applications within a maximum of 15 working days under the government-backed Apna Ghar housing initiative.

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ICMA Pakistan

Pakistan’s private sector credit boom skips manufacturing, warns ICMAP

April 28, 2026April 28, 2026Faisal Shahnawaz

KARACHI, April 28, 2026 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has flagged significant imbalances in the distribution of private sector credit in Pakistan, warning that uneven lending patterns are undermining industrial growth and long-term economic stability.

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cryto currency Pakistan

Exchange companies line up for crypto licenses in Pakistan amid policy shift

April 28, 2026April 28, 2026Faisal Shahnawaz

KARACHI, April 28, 2026 — Pakistan is moving closer to formalizing cryptocurrency trading as exchange companies have approached regulators to obtain licenses, signaling a potential shift toward mainstream adoption of digital assets in the country.

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SBP report on banking sector

Banks, PSX to remain closed on May 1 for Labour Day

April 28, 2026April 28, 2026Faisal Shahnawaz

KARACHI, April 28, 2026 – Pakistan’s central bank said on Tuesday that all commercial banks and financial institutions will remain closed on Friday, May 1, in observance of Labour Day, a public holiday marked across the country.

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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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