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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.

united bank

UBL launches 40% tax filing discount, disowns any losses to taxpayers

March 9, 2026March 9, 2026Mrs. Anjum Shahnawaz

Karachi, March 9, 2026 – United Bank Limited (UBL) has announced a 40% discount on tax filing services through third-party providers but clarified that it does not assume any liability for taxpayers availing the offer, which is provided to celebrate Ramazan.

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Pakistan Rupee

Rupee maintains upward trajectory against dollar amid global oil price surge

March 9, 2026March 9, 2026Faisal Shahnawaz

KARACHI, March 9, 2026: The Pakistani rupee continued its upward trajectory against the US dollar on Monday, demonstrating resilience despite surging global oil prices that have rattled markets worldwide.

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SBP holds policy rate at 10.50% amid rising macroeconomic risks

March 9, 2026March 9, 2026Faisal Shahnawaz

KARACHI, March 9, 2026: The State Bank of Pakistan (SBP) on Monday announced that it will keep the benchmark key policy rate unchanged at 10.50%, citing a significant increase in risks to the country’s macroeconomic outlook amid global geopolitical uncertainties.

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Bank Alfalah

Bank Alfalah reports Rs2.84 billion tax contingencies for 2025

March 9, 2026March 9, 2026Shahnawaz Akhter

Karachi, March 9, 2026 – Bank Alfalah Limited has disclosed tax contingencies for the calendar year ended December 31, 2025, in its annual financial statements filed with the Pakistan Stock Exchange (PSX).

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Pakistan Rupee

PKR vs USD: Pakistani rupee expected to stay stable despite external risks

March 8, 2026March 8, 2026Faisal Shahnawaz

Karachi, March 8, 2026 – The Pakistani rupee is expected to remain relatively stable against the US dollar in the coming week, although external pressures linked to geopolitical tensions and rising global energy prices may keep the local currency under mild strain.

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faysalbank-islami

Faysal Bank hit with Rs81 million SBP penalty in CY2025

March 8, 2026March 8, 2026Faisal Shahnawaz

Karachi, March 8, 2026 – State Bank of Pakistan has imposed a regulatory penalty of Rs81 million on Faysal Bank Limited during the calendar year ended December 31, 2025, according to the bank’s annual financial statement submitted to the Pakistan Stock Exchange (PSX).

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Bank Makramah

Bank Makramah recovers over Rs4 billion from Omni Group through share sales

March 7, 2026March 7, 2026Faisal Shahnawaz

Karachi, March 7, 2026 – Bank Makramah Limited has successfully recovered over Rs4 billion from Omni Group, part of a total Rs10.17 billion exposure, through the sale of shares, the bank disclosed in its financial results for the year ended December 31, 2025.

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state bank of pakistan 03

Will SBP increase interest rates after sharp fuel price hike?

March 7, 2026March 7, 2026Shahnawaz Akhter

Karachi, March 7, 2026 – The upcoming monetary policy announcement by the State Bank of Pakistan has become the center of attention for investors and economists after the government sharply increased petroleum prices earlier this week.

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Habib Bank Limited

SBP imposes Rs329 million penalty on HBL in 2025

March 7, 2026March 7, 2026Shahnawaz Akhter

KARACHI – March 7, 2026: The State Bank of Pakistan (SBP) has imposed a monetary penalty of around Rs329 million on Habib Bank Limited (HBL) during the calendar year 2025, according to the bank’s latest financial disclosures.

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SBP report on banking sector

Survey shows market unanimous on status quo for SBP policy rate

March 6, 2026March 6, 2026Faisal Shahnawaz

Karachi, March 6, 2026: A recent survey conducted by Topline Securities Limited reveals that the majority of market participants expect the State Bank of Pakistan (SBP) to maintain its policy rate in the upcoming Monetary Policy Committee (MPC) meeting on March 9, 2026.

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