KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has shared progress on Pakistan’s transition toward a Riba-free banking system in line with the landmark judgment of the Federal Shariat Court (FSC).
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Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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Banks Flourish on Back of Government Securities: SBP
KARACHI, May 5, 2026 – Pakistan’s banking sector posted strong growth in 2025, largely driven by increased investments in government securities, according to the latest report by the State Bank of Pakistan (SBP).
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SBP Ready to Take Measures to Address Risks Amid Middle East Conflict
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.
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SBP Imposes Rs265,000 Monetary Penalty on Bank Makramah
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.
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SBP sets 15-day deadline for housing loan approvals under Apna Ghar scheme
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.
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Banks, PSX to remain closed on May 1 for Labour Day
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.
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SBP hikes policy rate to 11.5% as Middle East crisis fuels inflation shock
KARACHI, April 27 – The State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 11.50% on Monday, warning that intensifying geopolitical tensions in the Middle East have significantly heightened risks to inflation, external stability and overall macroeconomic conditions.
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SBP monetary policy decision: Is a 100bps interest rate hike coming?
Karachi, April 25, 2026 – Expectations are building ahead of the upcoming monetary policy announcement by the State Bank of Pakistan scheduled for April 27, 2026, with market participants increasingly debating whether the central bank will raise the benchmark interest rate by up to 100 basis points amid rising global oil prices and geopolitical uncertainty.
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SBP expected to maintain 10.50% rate as inflation pressures ease
Karachi, April 24, 2026 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 10.50% in the upcoming Monetary Policy Committee (MPC) meeting scheduled for April 27, 2026, as analysts anticipate a continued cautious stance amid global uncertainty and mixed domestic inflation signals.
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SBP launches crop loan insurance scheme plus (CLIS+) to strengthen farmer protection
KARACHI, April 23, 2026 – The State Bank of Pakistan has launched the Crop Loan Insurance Scheme Plus (CLIS+), an upgraded version of its earlier crop insurance framework, aimed at enhancing financial protection for farmers and strengthening agricultural resilience in Pakistan.
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