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 24, 2026 – The Pakistani rupee (PKR) strengthened to Rs279.52 against the US dollar at the close of Tuesday’s interbank foreign exchange market, reflecting growing market confidence and improved foreign currency inflows.
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Karachi, February 24, 2026 – JS Bank Limited announced its financial results for the year ended December 31, 2025, reporting a slight decline in net profit to Rs2.80 billion, down from Rs2.85 billion in the previous year. The annual earnings per share (EPS) also eased to Rs1.36 from Rs1.39.
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Islamabad, February 23, 2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of First Women Bank Limited (FWBL) by Abu Dhabi-based Eve Holdings RSC Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010.
(more…)Karachi, February 23, 2026 – The Pakistani rupee maintained steady growth against the US dollar on Monday, closing at Rs279.55, according to the State Bank of Pakistan (SBP). The rupee gained one paisa compared to last Friday’s closing of Rs279.56 in the interbank foreign exchange market.
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Karachi, February 23, 2026 – Around 13 commercial banks in Pakistan have surrendered their unclaimed deposits up to December 31, 2024 to the State Bank of Pakistan (SBP) in compliance with the Banking Companies Ordinance, 1962. This step is part of ongoing efforts to ensure that dormant funds are returned to their rightful owners.
(more…)Islamabad, February 22, 2026 – The Pakistani rupee is projected to remain broadly stable during the week starting February 23, 2026, despite mounting geopolitical tensions and global trade disputes.
(more…)Karachi, February 21, 2026 — Pakistan’s banking sector achieved significant progress in recovering non-performing loans (NPLs), with total recoveries reaching Rs28.76 billion during the quarter ended December 2025, according to the State Bank of Pakistan (SBP). This marked an increase from Rs25.77 billion recovered in the September 2025 quarter.
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Karachi, February 19, 2026 – Soneri Bank Limited has revealed significant tax contingencies in its 2025 annual report submitted to the Pakistan Stock Exchange (PSX), highlighting ongoing disputes with the Federal Board of Revenue (FBR) that could involve billions of rupees in potential liabilities.
(more…)Karachi, February 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday announced the official bank timings for Ramazan 2026, starting from February 19, 2026. The revised timings are designed to accommodate the observance of the holy month while ensuring smooth banking operations across the country.
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Karachi, February 18, 2026 – BankIslami Pakistan Limited on Wednesday announced a sharp 50% decline in net profit for the calendar year ended December 31, 2025 (CY25), reflecting rising operating costs and lower income amid challenging economic conditions.
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