Karachi, February 23, 2026 – Around 13 commercial banks in Pakistan have surrendered their unclaimed deposits up to December 31, 2024 to the State Bank of Pakistan (SBP) in compliance with the Banking Companies Ordinance, 1962. This step is part of ongoing efforts to ensure that dormant funds are returned to their rightful owners.
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SBP Releases Daily Interbank Forex Rates – February 23, 2026
Karachi, February 23, 2026 – The State Bank of Pakistan (SBP) on Monday released the daily interbank foreign exchange (forex) rates to facilitate banking customers, importers, exporters, and financial institutions across the country.
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Banks recover Rs28.76 billion against NPLs in December quarter
Karachi, February 21, 2026 — Pakistan’s banking sector achieved significant progress in recovering non-performing loans (NPLs), with total recoveries reaching Rs28.76 billion during the quarter ended December 2025, according to the State Bank of Pakistan (SBP). This marked an increase from Rs25.77 billion recovered in the September 2025 quarter.
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SBP issues daily interbank foreign exchange rates – February 20, 2026
Karachi, February 20, 2026 – The State Bank of Pakistan (SBP) on Friday released its daily interbank foreign exchange rates to assist banking consumers and businesses in monitoring currency trends. The rates provide an indication of prevailing market values for major foreign currencies against the Pakistani Rupee (PKR).
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Foreign investors pull $1.68bn from Pakistan as profit repatriation surges in 7MFY26
Karachi, February 19, 2026 – Foreign investors operating in Pakistan repatriated $1.68 billion in profits and dividends during the first seven months (July to January) of fiscal year 2025-26, according to data released by the State Bank of Pakistan (SBP) on Thursday.
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SBP notifies bank timings for Ramazan 2026
Karachi, February 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday announced the official bank timings for Ramazan 2026, starting from February 19, 2026. The revised timings are designed to accommodate the observance of the holy month while ensuring smooth banking operations across the country.
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SBP releases updated interbank foreign exchange rates for February 18, 2026
Karachi, February 18, 2026 – The State Bank of Pakistan (SBP) has published the latest interbank foreign exchange rates for Wednesday, February 18, 2026, providing guidance for banking consumers and commercial transactions. The rates are compiled from daily sheets issued by commercial banks and represent indicative values for foreign currency transactions.
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Pakistan reports 41% plunge in foreign direct investment in 7MFY26
Karachi, February 17, 2026 – Pakistan witnessed a sharp decline in foreign direct investment (FDI), with inflows plunging by 41% during the first seven months (July to January) of fiscal year 2025-26, according to the State Bank of Pakistan (SBP) on Tuesday.
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Pakistan posts $1.07 billion current account deficit in 7MFY26
Karachi, February 17, 2026 – Pakistan has recorded a current account deficit of $1.07 billion during the first seven months (July to January) of fiscal year 2025-26, marking a sharp shift from a $564 million surplus in the same period last year, according to the latest Balance of Payment (BOP) data released by the State Bank of Pakistan (SBP) on Tuesday.
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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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