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, May 5, 2026 – Governor Jameel Ahmad said the State Bank of Pakistan (SBP) is fully prepared to take necessary measures to safeguard financial stability amid risks arising from the ongoing Middle East conflict.
(more…)
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.
(more…)
ISLAMABAD – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for an urgent and comprehensive overhaul of Pakistan’s financial cybersecurity, emphasizing that the protection of digital infrastructure is now a “high-priority systemic concern.”
(more…)
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.
(more…)
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.
(more…)
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.
(more…)
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.
(more…)
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.
(more…)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.
(more…)
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.
(more…)