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Tag: State Bank of Pakistan

SBP governor Jameel Ahmad

Governor SBP tells investors Pakistan macro outlook improving despite risks

April 18, 2026April 18, 2026Mrs. Anjum Shahnawaz

Washington, April 18, 2026 – The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, has said said Pakistan’s key macroeconomic indicators have improved faster than expected this fiscal year, while acknowledging that renewed geopolitical tensions in the Middle East pose fresh risks to the outlook.

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SBP report on banking sector

Pakistan receives $2bn Saudi inflow ahead of UAE repayment

April 17, 2026April 17, 2026Mrs. Anjum Shahnawaz

Pakistan has received a $2 billion deposit from Saudi Arabia, providing crucial support to its foreign exchange reserves ahead of a $3.5 billion repayment to the United Arab Emirates (UAE) later this month, officials said on Thursday.

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foreign exchange

Pakistan forex reserves fall $1.37 billion after Eurobond repayment

April 16, 2026April 16, 2026Faisal Shahnawaz

KARACHI, April 16, 2026 — Pakistan’s foreign exchange reserves declined sharply by $1.37 billion in the week ended April 10, 2026, primarily due to the repayment of a sovereign Eurobond, the State Bank of Pakistan (SBP) said on Thursday.

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foreign investment

FDI jumps 163% in March but overall inflows remain weak: SBP

April 16, 2026April 16, 2026Shahnawaz Akhter

KARACHI, April 16, 2026 — Foreign direct investment (FDI) in Pakistan surged 163% year-on-year in March 2026, signaling a short-term rebound in investor activity, though broader inflows remained subdued during the fiscal year, data from the State Bank of Pakistan (SBP) showed on Thursday.

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Pakistan posts $1.07 billion current account surplus in March 2026

April 16, 2026April 16, 2026Faisal Shahnawaz

KARACHI, April 16, 2026 — Pakistan recorded a current account surplus of $1.07 billion in March 2026, according to balance of payments data released by the State Bank of Pakistan (SBP) on Thursday, reflecting an improvement from the previous month despite ongoing regional tensions.

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cryto currency Pakistan

Crypto firms can now access banks in Pakistan under new law

April 16, 2026April 16, 2026Hamza Shahnawaz

The State Bank of Pakistan’s decision to allow regulated banking access for Pakistan Virtual Asset Regulatory Authority (PVARA)-licensed virtual asset service providers (VASPs) marks a significant policy shift—arguably one of the most consequential in the country’s financial regulatory landscape since 2018.

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state bank of pakistan 03

Banks flood T-bill auction as SBP receives Rs4 trillion bids

April 16, 2026April 16, 2026Shahnawaz Akhter

KARACHI, April 15, 2026 — Pakistan’s commercial banks aggressively participated in the latest treasury bill auction on Wednesday, submitting bids worth more than Rs4 trillion against a government target of Rs1.35 trillion, underscoring ample liquidity in the banking system.

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Bank deposits in Pakistan hit record Rs37.51 trillion: SBP

April 15, 2026April 15, 2026Faisal Shahnawaz

KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.

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Pakistan banks see Rs141bn rise in manufacturing deposits in March 2026

April 14, 2026April 14, 2026Faisal Shahnawaz

KARACHI, April 14, 2026 — Commercial banks in Pakistan recorded an increase of more than Rs141 billion in deposits from the manufacturing sector in March 2026, reflecting shifting liquidity patterns amid heightened geopolitical uncertainty, according to data released by the State Bank of Pakistan (SBP).

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state bank of pakistan 03

Pakistan allows short-term forward deals to boost remittances

April 11, 2026April 11, 2026Mrs. Anjum Shahnawaz

The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.

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