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.

Rupee strengthens to Rs279.57 against dollar amid robust foreign inflows

Karachi, February 18, 2026 – The Pakistani rupee gained strength on Wednesday, closing at Rs279.57 against the US dollar, supported by strong foreign inflows and improving macroeconomic indicators. According to the State Bank of Pakistan (SBP), the rupee appreciated by 3 paisas from the previous day’s interbank closing of Rs279.60.
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February 18, 2026
HBL reports strong 4QCY25 earnings, declares Rs6 dividend

Karachi, February 18, 2026 – Habib Bank Limited (HBL) announced its 4QCY25 results today, posting consolidated profit after tax (PAT) of PKR 15.4 billion (EPS: PKR 10.5), up 7% year-on-year (YoY) but down 9% quarter-on-quarter (QoQ). This brings HBL’s full-year 2025 profitability to PKR 66.7 billion (EPS: PKR 45.5), marking a 14% YoY increase, the highest recorded level for the bank.
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February 18, 2026
SBP announces bank holiday for Zakat deduction 2026

Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that all banks will remain closed for public dealing on the first day of Ramadan 1447 A.H. for the purpose of Zakat deduction 2026.
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February 17, 2026
Govt backs banks with 10% guarantee for fan replacement scheme

Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that the federal government is providing a 10 percent first loss credit guarantee to financing banks under the Prime Minister’s Fan Replacement Program (PM FRP), aimed at promoting energy conservation and efficiency across the country.
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February 17, 2026
Update on Nisab of Zakat 2026

Islamabad, February 17, 2026 — The Ministry of Poverty Alleviation and Social Safety on Tuesday issued an official statement regarding the determination and announcement of the Nisab of Zakat for the year 2026.
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February 17, 2026
SBP launches cyber shield to protect banks and customers

Karachi, February 16, 2026 – The State Bank of Pakistan (SBP) on Monday launched “Cyber Shield – the Cyber Resilience Strategy for Regulated Entities”, a comprehensive national framework aimed at strengthening the safety, security, and resilience of Pakistan’s banking and financial system against rapidly evolving cyber threats.
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February 16, 2026
Bank Alfalah sees sharp 26% profit dip in CY25 despite rising income

Karachi, February 16, 2026: Bank Alfalah Limited on Monday reported a sharp 26% year-on-year decline in profit after tax for the calendar year ended December 31, 2025, reflecting rising operating costs despite higher income.
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February 16, 2026
Rupee continues gradual recovery against dollar in new week

Karachi, February 15, 2026 – The Pakistani rupee is expected to remain largely stable in the coming week, as importer demand for dollars is being balanced by steady inflows, particularly remittances from overseas workers, according to currency market dealers.
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February 15, 2026
ICMAP pushes to scrap Rs10 banknote for lasting savings

Karachi, February 13, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has formally recommended replacing the Rs10 banknote with a coin, a move it says could save billions of rupees annually while improving currency management and operational efficiency across Pakistan.
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February 13, 2026
PKR appreciates against US dollar amid strong remittances

Karachi, February 13, 2026 – The Pakistani rupee (PKR) strengthened slightly against the US dollar on Friday, gaining 3 paisa amid robust inflows of overseas remittances ahead of the holy month of Ramadan.
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February 13, 2026