The Pakistan Stock Exchange (PSX) raised Rs76.286 billion for the Ministry of Finance in the 6th Auction of Government of Pakistan Hybrid Sukuk (GHS) on May 20, 2026, demonstrating strong…
Mobilink Bank, a leading digital microfinance bank in Pakistan, has partnered with the Legal Aid Society to support women's inheritance rights through legal assistance and community outreach. This initiative is…
Pakistan’s Islamic banking industry is projected to grow significantly, with total assets expected to reach Rs18–19 trillion by December 2026, up from Rs14.47 trillion in December 2025, according to a…
In Apr’26, Pakistan reported a current account deficit of USD 324mn, a decrease from USD 12mn in Apr’25. This was a result of an 11.4% YoY increase in imports and…
BankIslami has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of Pakistan (EXIM Bank) to establish Pakistan's first Shariah-compliant trade and export finance partnership. This collaboration aims to…
Pakistan successfully issued a 3-year RMB 1.75 billion Panda Bond in the Chinese interbank market, marking its first entry into the Chinese capital market. Standard Chartered (China) Ltd. was the…
State Bank of Pakistan (SBP) has launched a nationwide “Go Cashless” campaign for Eid al-Azha 2026 to promote secure, convenient, and cashless transactions in cattle markets across Pakistan. The initiative…
Governor of the State Bank of Pakistan Jameel Ahmad announced a significant economic turnaround, stating that foreign exchange reserves have risen from $3 billion to $17 billion and that remittances…
Karandaaz Pakistan, in collaboration with the Pakistan Banks Association (PBA) and with support from the Ministry of Finance, hosted the "Impact Finance Training (IFT) 2026" workshop in Karachi on May…
NBP onboards the National Highways & Motorway Police for Raast QR-based collection of licensing fees, marking another key milestone in the National Bank of Pakistan’s public-sector digitisation journey. The signing…
ASA Microfinance Bank (Pakistan) Ltd. has partnered with Avanza Solutions to enhance its digital banking capabilities and advance financial inclusion nationwide. This collaboration aims to make banking more accessible and…
Mobilink Bank, Pakistan’s leading digital microfinance bank, has launched the “Bibi App,” a mobile application aimed at raising breast cancer awareness and providing accessible health information to women. Developed by…
The IMF Executive Board completed its third review under the Extended Fund Facility (EFF) during a meeting held on May 8, 2026. The Board approved a disbursement of SDR 760…
Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released today by…
Payoneer (NASDAQ: PAYO) announced its Q1 2026 financial results, reporting $262 million in revenue, a 6% year-over-year increase. Excluding interest income, revenue grew 11%. The company achieved nearly $23 billion…
easypaisa digital bank achieved a historic performance in Q1 2026, reporting a profit after tax of PKR 1.49 billion and earnings per share of Rs. 2.47. Profit before tax surged…
The National Bank of Pakistan (NBP) has received approval for the commercial launch of Raast Person-to-Merchant (P2M) Acquiring, a significant step in its digital payments initiative and Pakistan's shift towards…
Zong, Pakistan's leading Technology Service Enterprise, has partnered with Mashreq Bank Pakistan to integrate telecom services into Mashreq’s digital banking ecosystem. This collaboration allows Mashreq customers to access Zong services,…
Workers’ remittances to Pakistan reached US$3.5 billion in April 2026, marking an 11.4 percent increase compared to the same month last year, according to data released by the State Bank…
easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax…
Faysal Bank, one of the leading and most innovative Islamic banks in the country, has further reinforced its strategic partnership with Avanza Solutions in the digital banking space. Faysal Bank’s…
Pakistan’s total liquid foreign exchange reserves stood at US$ 21,293.5 million as of April 30, 2026, according to the latest data released by the State Bank of Pakistan (SBP). The…
National Bank of Pakistan proudly announces the launch of NBP SmartPay, a state-of-the-art digital payment platform designed to transform the way businesses manage their financial transactions. NBP SmartPay is a comprehensive…
Mashreq Bank PSC (MASQ), a prominent financial institution in the MENA region, reported a solid first-quarter performance for 2026, with Operating Income of AED 3.4 billion and Net Profit Before…
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR), for CY25. The FSR presents performance and risk assessments for various segments of…
