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, August 14, 2025 – The State Bank of Pakistan (SBP) has issued a detailed directive requiring banks to enhance their customer due diligence (CDD) processes for all clients engaged in trade-related activities.
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Karachi, August 13, 2025 – The State Bank of Pakistan (SBP) has issued fresh directives to ensure smooth facilitation for intending pilgrims applying for Hajj 2026.
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Karachi, August 13, 2025 – The Pakistani rupee posted a notable recovery on Wednesday, appreciating by 20 paisas against the US dollar, driven largely by recent export-related relaxations announced by the State Bank of Pakistan (SBP).
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Karachi, August 13, 2025 – Meezan Bank Limited, the country’s largest Islamic bank, announced on Wednesday that its net profit for the first half of the calendar year 2025 (January–June) fell by 10%.
(more…)Karachi, August 12, 2025 – The State Bank of Pakistan (SBP) has announced a strengthened framework aimed at tightening anti-money laundering (AML) and countering financing of terrorism (CFT) measures in the context of trade transactions.
(more…)Karachi, August 12, 2025 – The Pakistani rupee posted a modest gain against the US dollar in Tuesday’s interbank foreign exchange market, appreciating by three paisas at closing.
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Karachi, August 12, 2025 – In a major relief for Pakistan’s exporters, the State Bank of Pakistan (SBP) has announced the withdrawal of stringent conditions previously imposed under the “Delayed Realization of Export Proceeds” policy.
(more…)Karachi, August 11, 2025 – The Pakistani rupee posted a modest gain on Monday in the interbank foreign exchange market, despite persistent demand for the US dollar to meet foreign payment obligations.
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Karachi, August 8, 2025 – The State Bank of Pakistan (SBP) has announced that commercial banks will remain open on Saturday, August 9, to assist in the collection of applications for Hajj 2026.
(more…)Karachi, August 8, 2025 – The Pakistani rupee continued its upward trajectory against the US dollar on Friday, supported by strong inflows from export earnings and workers’ remittances.
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