Prime Minister Shehbaz Sharif has officially issued a digital banking license to Kuwait's Raqami Islamic Bank, making it the third licensed digital retail bank in Pakistan. The move aims to strengthen bilateral economic ties and promote Sharia-compliant b
Prime Minister Shehbaz Sharif described the commercial license for Raqami Islamic Digital Bank as a major financial sector milestone and a significant step in strengthening Pakistan-Kuwait economic cooperation.
State Bank of Pakistan anticipates foreign currency reserves to reach $18 billion by June 2026, providing three months import cover, with continued growth expected in FY27 amid improved macroeconomic conditions.
ABHI Microfinance Bank and Zanda Financial Services have formed a strategic partnership to deliver small-ticket digital loans through integrated platforms, aiming to enhance financial inclusion in Pakistan.
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National Assembly committee reviews progress on converting BISP accounts to digital banking channels. All 10 million beneficiaries will receive payments through digital Social Protection Wallets starting next fiscal year.
Abhi Microfinance Bank partners with FinLeap to enhance digital credit services, aiming to broaden financial inclusion and support small businesses across Pakistan.
The State Bank of Pakistan injected Rs2,198.8 billion through Reverse Repo and Shariah-compliant OMOs to ensure market stability, with rates at 10.51-10.56%.
Akhuwat's donors event in Lahore highlights a 99.9% loan recovery rate, aiding over 4 million families. Discover how their free colleges are transforming education across Pakistan.
Bank of Khyber achieves a stellar 177.4% total shareholder return, ranking among Asia-Pacific's best. Pakistani banks dominate the top ten, signaling strong investor confidence. Discover the factors behind this success.
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Prime Minister Shehbaz Sharif instructs banks to simplify credit access for SMEs and farmers, aiming to stimulate economic growth and support key sectors.
Pakistan outlines its comprehensive 'De-risking 2026' strategy to combat financial exclusion and secure correspondent banking relationships. Learn about the national action plan and its implications.
A daring, cinematic robbery at a German bank saw thieves steal €30 million. Police suspect an inside job. Discover the intricate details of this major heist.
The Pakistan Banks Association appoints Zafar Masud as chairman, unveiling a diverse 16-member executive committee. The new leadership vows to drive financial inclusion and economic recovery. Discover the key priorities.
ADB President Masato Kanda expressed deep sorrow over the passing of Dr. Shamshad Akhtar, honoring her pivotal role in regional development and as Pakistan's first woman central bank governor.
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The State Bank of Pakistan's Board expresses deep sorrow over the passing of former caretaker finance minister Dr. Shamshad Akhtar. A tribute to her legacy.
The Pakistan Banks' Association elects Zafar Masud as its new Chairman and forms a 12-member Executive Committee to steer the banking sector's future. Discover the key priorities and members.
Pakistan mourns the loss of Dr. Shamshad Akhtar, former State Bank Governor and finance minister. A trailblazer in economics, her legacy shapes the nation's financial future. Read more.
Pakistan's banking sector drives economic revival with record Rs1.5 trillion credit to private businesses in FY26, fueling 8.33% industrial growth. Discover how this shift is creating jobs.
Meezan Bank's Shariah Advisory Unit enables Stylers International Ltd to secure SECP's Shariah Compliance Certificate under 2023 regulations, expanding Pakistan's Islamic finance landscape.
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Pakistan's foreign exchange reserves surge to $21.1 billion, marking the highest level in three years. Discover the key factors behind this economic milestone and its implications for the nation's financial stability.
Industry leaders call on the State Bank of Pakistan to modernize banking regulations, enabling venture capital and supporting high-tech startups for economic growth.
The State Bank of Pakistan defies expectations, cutting its key policy rate to 10.5% to stimulate economic growth. Analysts are divided on the impact. Read the full analysis.
National Bank of Pakistan's Sharia-compliant Aitemaad Islamic Advance Salary product secures the Silver Award at the prestigious Qorus Reinvention Awards 2025 in Lisbon. Discover how this innovation is reshaping Islamic finance in Pakistan.
State Bank of Pakistan injects massive Rs10.7 trillion through open market operations to address liquidity crunch. Learn how this impacts banking sector and economy.
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ZTBL partners with FOSPAH to conduct awareness session on Protection against Harassment of Women at Workplace Act 2010. Bank reaffirms zero-tolerance policy for harassment.
Pakistan Cotton Ginners Association delegation meets State Bank senior officials to address export sector challenges and boost foreign exchange earnings for economic growth.
The Centre for Excellence in Islamic Finance at IBA celebrated its 10-year anniversary, highlighting its role in shaping Pakistan's Shariah-compliant financial sector and signing new MoUs.
The Rs100 Prize Bond Draw No. 52 results are out! Bond 171732 wins Rs700,000 top prize. Three winners secure Rs200,000 each. Check if you're among the lucky winners from Hyderabad draw.
Roshan Digital Account remittances surged to $11.313 billion by October 2025, with $205 million inflows last month. Overseas Pakistanis continue investing heavily in Naya Pakistan Certificates.
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State Bank of Pakistan injects Rs11,528 billion through reverse repo and Shariah-compliant operations to maintain market liquidity on November 14, 2025. Read full analysis.
