Pakistan’s liquid foreign reserves position: SBP
As of August 28, 2026, Pakistan's total liquid foreign reserves amounted to US$ 22,527.9 million. The breakdown of these reserves is as follows: - Foreign reserves held by the State…
As of August 28, 2026, Pakistan's total liquid foreign reserves amounted to US$ 22,527.9 million. The breakdown of these reserves is as follows: - Foreign reserves held by the State…
A new study by Mobilink Bank and the Sustainable Development Policy Institute (SDPI) highlights the financial vulnerabilities of women farmers in Pakistan due to climate shocks and limited access to…
Deputy Governor, State Bank of Pakistan, Muhammad Ali Khan, has said that the SBP is working to foster a trusted and accountable digital financial ecosystem. “At the State Bank of…
Meezan Bank has approved over PKR 31.5 billion in housing finance for 4,424 applicants under the Government of Pakistan’s Wazir-e-Azam Apna Ghar Programme – Ghar Ho Tu Apna (GHTA). The…
ABHI, the region’s neobank of the future, has announced that its Early Wage Access (EWA) product has received Shariah approval from the Shariah Committee of Badiha Company in KSA, marking…
Standard Chartered Bank Pakistan has partnered with Dolmen Group to offer exclusive homeownership benefits to clients interested in Grove Residency, a new residential development in Karachi. Eligible clients can save…
United International Group (UIG) has announced that the Board of Directors of The United Insurance Company of Pakistan Limited (UIC) has approved the establishment of United Digital Life Insurance Company,…
Abdul Wahid Sethi has assumed charge as the Acting President & Chief Executive Officer (CEO) of the Bank, effective August 21, following the completion of the tenure of the Bank’s…
JS Bank Limited (PSX: JSBL) today announced its financial results for the half-year ended June 30, 2026, reporting a Profit before tax of PKR 6.640 billion, up 90% compared to…
Mobilink Bank and Yango Pakistan have partnered to offer Shariah-compliant financing and embedded insurance to eligible Yango drivers and couriers. This collaboration aims to enhance financial inclusion by providing tailored…
easypaisa digital bank reported a Profit Before Tax (PBT) of PKR 8.26 billion for the half-year ended 30 June 2026, with Earnings Per Share (EPS) at PKR 9.61. This represents…
Faysal Bank Limited (FBL) has once again been named Pakistan’s Best Bank (Mid-size) at the 11th Pakistan Banking Awards 2026, reaffirming its leadership in Islamic banking and its continued commitment…
The total liquid foreign reserves held by the country stood at US$ 22,506.1 million as of 13-Aug-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement for up to US$100 million in Pakistan’s first Diversified Payment Rights (DPR) note. This initiative aims…
Meezan Bank has opened its first Service Center at Clifton Bridge, Karachi, featuring a customer-centric banking model that offers round-the-clock digital access alongside personalized support. Located in a busy area,…
JS Bank was awarded the Mobile App Award at the Asian Banking & Finance Fintech Awards 2026 for its digital banking application. Key features include JSense, Pakistan's first in-app AI…
The Karachi Editors Club (KEC), in collaboration with DHA Suffa University (DSU), recently organised an awareness session on “Financial Literacy, Voluntary Pension System (VPS) and Retirement Planning” to promote financial…
easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables…
Bank Alfalah, one of Pakistan's largest commercial banks, has inaugurated Pakistan's first Digital Islamic Consumer Finance Centre (ICFC) at Naya Nazimabad, Karachi. The inauguration ceremony was attended by the Bank's…
ABHI Bank reported a profit after tax of PKR 1.502 billion for the six months ending June 30, 2026, surpassing its entire 2025 profit of PKR 1.019 billion. This marks…
Botim and Mastercard have debuted the region's first all-in-one card, the Mastercard One Credential, aimed at enhancing payment flexibility for users in the UAE and EEMEA. This innovative card combines…
Leading foreign investors continue to demonstrate strong confidence in Pakistan's economic potential, with OICCI member companies alone investing over USD 23 billion in the country over the past decade, surpassing…
The State Bank of Pakistan has released the data on workers’ remittances for July 2026. In July 2026, workers’ remittances reached a total of US$ 3.6 billion. This represents a…
MCB Bank Limited reported resilient financial performance for the half-year ending June 30, 2026, amid a challenging macroeconomic environment. The Board declared a second interim cash dividend of Rs. 9.00…
The Board of Directors of Meezan Bank, in their meeting, approved the financial statements of the Bank for the half-year ended June 30, 2026. The meeting was chaired by Mr.…