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: MCB Bank Limited has reported a decline of more than 6 percent in its annual profit after tax for the calendar year ended December 31, 2025, according to financial results shared with the Pakistan Stock Exchange (PSX).
(more…)
Karachi, February 4, 2026 – The Pakistani rupee strengthened by 3 paisa against the US dollar on Wednesday, supported by robust inflows from export receipts and workers’ remittances.
(more…)
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.
(more…)
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.
(more…)
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.
(more…)
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.
(more…)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.
(more…)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.
(more…)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.
(more…)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.
(more…)