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Tag: State Bank of Pakistan

Pakistan allows teen bank accounts: SBP new framework

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – In a major step towards financial inclusion, the State Bank of Pakistan (SBP) has introduced a new framework allowing teenagers aged 13 to 18 years to open and operate bank accounts in their own names. The initiative aims to promote savings habits and provide early exposure to financial services among […]

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SBP warns Middle East conflict may hit Pakistan economy

March 27, 2026March 27, 2026Mrs. Anjum Shahnawaz

Islamabad, March 27, 2026 – The ongoing conflict in the Middle East is expected to put significant pressure on Pakistan’s trade balance and inflation, according to the State Bank of Pakistan. The warning came in the minutes of the Monetary Policy Committee (MPC) meeting, reflecting the central bank’s concerns over rising energy costs and their […]

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Foreign investors pull $1.73bn profits from Pakistan in 8 months

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi, March 25, 2026 – Foreign investors operating in Pakistan repatriated around $1.73 billion in profits and dividends during the first eight months (July–February) of fiscal year 2025–26, according to data released by the State Bank of Pakistan (SBP).

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SBP report on banking sector

SBP unveils major changes to foreign currency accounts

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has issued comprehensive new instructions for banks regarding the opening, operation, and maintenance of foreign currency accounts and non-resident rupee accounts, aiming to boost foreign investment and improve financial access.

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state bank of pakistan 03

SBP expands Roshan Digital Accounts to foreign investors

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has introduced key regulatory changes to expand the scope of Roshan Digital Accounts (RDA), allowing broader access for non-resident individuals and foreign corporate entities.

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SBP cancels licenses of two exchange companies in crackdown

March 24, 2026March 24, 2026Faisal Shahnawaz

Karachi, March 24, 2026 – The State Bank of Pakistan (SBP) has intensified its crackdown on illegal financial activities by cancelling the licenses of two money exchange companies over serious regulatory violations.

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SBP reports record 3.4 billion transactions in Pakistan

March 19, 2026March 19, 2026Shahnawaz Akhter

Karachi, March 19, 2026 – The State Bank of Pakistan has reported a record 3.4 billion retail transactions for the quarter ended December 31, 2025, highlighting continued growth in digital payments and financial inclusion across the country.

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state bank of pakistan 03

SBP reveals latest lending, deposit rates for February 2026

March 18, 2026March 18, 2026Faisal Shahnawaz

Karachi, March 18, 2026 – The State Bank of Pakistan (SBP) on Wednesday released the weighted average lending and deposit rates for February 2026, showing a slight easing in borrowing costs and stable returns on deposits across the banking sector.

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SBP report on banking sector

SBP raises affordable housing loan limit to Rs10 million

March 17, 2026March 17, 2026Faisal Shahnawaz

Karachi, March 17, 2026 – The State Bank of Pakistan (SBP) has increased the maximum loan size to Rs10 million under its Affordable Housing Scheme, aiming to boost home ownership and support first-time buyers across the country.

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foreign investment

FDI in Pakistan plunges 33% in 8MFY26, but February brings surprise recovery

March 17, 2026March 17, 2026Shahnawaz Akhter

Karachi, March 16, 2026 – Pakistan’s foreign direct investment (FDI) inflows declined by over 33% during the first eight months of the current fiscal year 2025-26, the State Bank of Pakistan (SBP) reported on Monday.

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