Mian Zahid Hussain has said the State Bank of Pakistan’s 50-basis-point hike to 12 percent is a concern for industry, exporters and small businesses, warning that higher borrowing costs could…
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), strongly criticized the State Bank of Pakistan’s decision to raise the policy rate by 0.5…
The Korangi Association of Trade and Industry (KATI) has expressed concern over the State Bank of Pakistan’s decision to raise the policy rate by 50 basis points to 12%, warning…
President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moez Khan, has termed the State Bank of Pakistan’s decision to increase the policy rate by 50 basis…
The State Bank of Pakistan (SBP) on Monday increased its key policy rate by 50 basis points to 12%, effective October 27, 2026, citing a worsening inflation outlook driven by…
Korangi Association of Trade and Industry (KATI) President Sheikh Umer Rehan has urged the State Bank of Pakistan (SBP) to significantly reduce the policy rate to single digits at the…
We expect the SBP to raise the policy rate by 50bps to 12.0% at its October 26, 2026 monetary policy announcement, as rising inflationary pressures and external-sector risks strengthen the…
The country's total liquid foreign reserves stood at US$ 26,833.0 million as of 16-Oct-2026. The break-up of the foreign reserves position is as under: Foreign reserves held by the State…
Meezan Bank has signed two exchanges of letters with UNIDO-ITPO Bahrain and the International Center for Entrepreneurship and Innovation (ICEI) to support startups, women and youth entrepreneurs, and micro, small…
MCB Bank Limited reported a strong financial performance for the nine months ended September 30, 2026, driven by higher earnings, strong deposit growth, and balance sheet expansion. The Bank posted…
Faysal Bank Limited (FBL) reported strong performance for the nine months ended September 30, 2026, with profit before tax of PKR 31.3 billion, profit after tax of PKR 15.2 billion,…
Mashreq, one of the Middle East and North Africa (MENA) region’s leading financial institutions, launched NEO BIZ, a digital banking solution tailored for small and medium-sized enterprises (SMEs) and self-employed…
In recognition of Pinktober Breast Cancer Awareness Month, Bank Alfalah Legends Arena partnered with TAMS to host a padel tournament on October 17, 2026. The event aimed to raise awareness…
NKATI President Faisal Moez Khan has urged the government and the State Bank of Pakistan not to raise interest rates in the upcoming monetary policy, warning that higher borrowing costs…
Deposits held by Pakistan’s scheduled banks nearly doubled to Rs40.83 trillion in September 2026 from Rs21 trillion four years ago, highlighting a massive expansion in the banking system’s deposit base…
According to a report from AHL Research Ltd, it met with management at Pak Qatar General Takaful Limited (PQGTL) to discuss the scheme’s current operations and future business plans. The…
The country's total liquid foreign reserves stood at US$ 26,863.3 million as of 9-Oct-2026. The break-up of the foreign reserves position is as under: Foreign reserves held by the State…
National Bank of Pakistan (NBP) has been recognized with the “Sustainable Infrastructure Initiative of the Year – Pakistan” award at the Asian Banking & Finance (ABF) Corporate & Investment Banking…
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and former Provincial IT Minister, emphasizes that microfinancing is crucial for Pakistan's economic revival, especially for low-income segments…
State Bank of Pakistan has launched the second edition of its Banking on Equality (BoE) Policy to further reduce the gender gap and advance women’s financial inclusion in the country.…
Khushhali Microfinance Bank Limited (KMBL) has won the “Best Turnaround Microfinance Bank” and “Best Housing Finance MFB” awards at the Pakistan Microfinance Network’s 10th Annual Microfinance Conference (AMC‑X), organised with…
Syed Aman Shah, Provincial President of Awaam Pakistan Party Balochistan, has welcomed the $1.21 billion agreement between Pakistan and the International Monetary Fund (IMF), stating that effective and sustainable policies…
Lucky Investments Limited (“Lucky Investments”) announces the launch of Lucky Islamic Capital Protected Fund Plan I (LICPFP I), a Shariah-compliant, capital-protected investment plan designed to deliver competitive returns while protecting…
The State Bank of Pakistan (SBP) reported that workers’ remittances totaled US$ 3.6 billion in September 2026, up 12.7 percent year-on-year but down 1.9 percent month-on-month. Cumulatively, remittances in Q1…
Jubilee Life Insurance Company Limited received the “Game Changer Icon of Pakistan” Award in the Life Insurance category from the Employers’ Federation of Pakistan (EFP) at the exclusive Platinum Jubilee…