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.

SBP declares bank holiday on February 5, 2026 for Kashmir Solidarity Day

Karachi, February 3, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that February 5, 2026 (Thursday) will be observed as a bank holiday across the country on account of Kashmir Solidarity Day, in line with the federal government’s declaration.
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February 3, 2026
Faysal Bank Champions Inclusion at Special Olympics Unified Marathon 2026

Faysal Bank Limited (FBL), Pakistan’s Best Islamic Bank, reaffirmed its commitment to values of Care, Diversity, Equity, and Inclusion (DEI) by proudly sponsoring the 2nd Faysal Bank Special Olympics Pakistan (SOP) Unified Marathon, an inspiring annual event that celebrates resilience, equality, and the power of community.
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February 2, 2026
Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut

Karachi, February 2, 2026 – Bank borrowing by Pakistan’s private sector fell sharply by 39% during the first seven months of the current fiscal year (July 2025–January 2026), despite a substantial cut in the State Bank of Pakistan (SBP) benchmark interest rate, according to data released on Monday.
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February 2, 2026
NBP extends banking facility restructuring offer to Hascol Petroleum

Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.
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February 2, 2026
PKR vs USD: Rupee Likely to Stay Stable Next Week

Karachi: The Pakistani rupee is expected to maintain stability against the US dollar in the coming week, supported by balanced supply and demand conditions in the foreign exchange market, according to currency traders.
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February 1, 2026
SBP instructs banks to support FBR tax collection on January 31

Karachi, January 30, 2026 — The State Bank of Pakistan (SBP) on Friday directed all commercial banks to facilitate tax collection by the Federal Board of Revenue (FBR) by observing extended working hours on Saturday, January 31, 2026.
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January 30, 2026
PKR vs USD: Pakistani Rupee Gains 3 Paisa on Stronger Inflows

Karachi, January 30, 2026 – The Pakistani rupee strengthened slightly against the US dollar on Friday, appreciating by 3 paisa in the interbank foreign exchange market amid improved foreign currency inflows.
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January 30, 2026
Bank deposits cross Rs37 trillion mark for first time in Pakistan

Karachi, January 29, 2026 — Bank deposits in Pakistan have crossed the Rs37 trillion mark for the first time in the country’s history, underscoring strong public confidence in the banking system despite a sharp decline in key interest rates over the past year.
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January 29, 2026
Pakistani rupee gains 3 paisa against US dollar amid positive economic outlook

Karachi, January 27, 2026 – The Pakistani rupee on Tuesday appreciated by 3 paisa against the US dollar, supported by an improved economic outlook and positive market sentiment.
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January 27, 2026
SBP cuts cash reserve requirement to boost bank lending

Karachi, January 26, 2026 – The State Bank of Pakistan (SBP) on Monday announced a reduction in cash reserve requirements (CRR) for banks, aiming to improve liquidity and enhance credit flow to the private sector amid an improving macroeconomic environment.
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January 26, 2026