SBP’s FX reserves increased by US$ 6 million
The total liquid foreign reserves held by the country stood at US$ 21,789.6 million as of 27-Mar-2026. The break-up of the foreign reserves position is as follows: Foreign reserves held…
The total liquid foreign reserves held by the country stood at US$ 21,789.6 million as of 27-Mar-2026. The break-up of the foreign reserves position is as follows: Foreign reserves held…
Pak-Qatar Asset Management Company Limited (PQAMC), a leading dedicated Islamic asset management company in Pakistan, has announced a monthly dividend of PKR 0.6465 per unit for its Pak-Qatar Monthly Income…
Mobilink Bank is pioneering sustainable banking in Pakistan, focusing on an ESG-led transformation to become a responsible, future-ready financial institution. With over one-third of its branch network powered by renewable…
Meezan Bank is stepping up its digital payments strategy, expanding its merchant network and accelerating adoption of instant payment solutions as Pakistan’s shift toward a cashless economy gathers pace, senior…
Mashreq, a prominent international financial institution, has launched new Mashreq Global Network (MGN) Offshore Centres in Karachi and Lahore, reflecting its commitment to Pakistan's talent and digital banking. Over USD…
The total liquid foreign reserves held by the country stood at US$ 21,736.0 million as of 19-Mar-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Visa has announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform designed to modernise payment processing for acquirers. This single API connection allows acquirers…
Pakistan’s Liquid Foreign Reserves Position, as released by SBP today. The total liquid foreign reserves held by the country stood at US$ 21,704.2 million as of 13-Mar-2026. The breakdown of…
Zindigi, powered by JS Bank, has launched Pakistan’s first fintech credit card, marking a major milestone in the country’s digital financial evolution. Built for a mobile-first generation, the Zindigi Credit Card…
The State Bank of Pakistan (SBP) has released its Quarterly Report on Payment Systems for the quarter October to December 2025. The report presents an overview of key payment trends…
In a significant step toward realizing the vision of a Digital Pakistan, Ravi Urban Development Authority (RUDA) and easypaisa digital bank have signed a Memorandum of Understanding (MoU) to promote…
National Bank of Pakistan (NBP) held its 2nd Merchant Sales Conference in Lahore as part of its ongoing efforts to expand the adoption of digital payments and strengthen Pakistan’s cashless…
External balance improves; oil risk persists Pakistan’s current account (C/A) recorded a surplus of US$427mn in February 2026 - the fourth surplus in 8MFY26 and the largest FYTD – reflecting a sequential improvement…
Muhammad Hamayun Sajjad, CEO of Mashreq Bank Pakistan, hosted an Iftar dinner in Karachi on Monday at a local hotel in honour of media members. Speaking on the occasion, Sajjad…
The mutual fund industry continued to display structural resilience, with total Assets Under Management (AUMs) reaching PKR 4.46 trillion as of Feb’26, registering a healthy 11.06% YoY growth. On a…
Visa, a global leader in digital payments, convened senior leaders from Pakistan’s banking, fintech and digital assets sectors to discuss how Pakistan can unlock the full potential of stablecoins and…
Bank Alfalah has highlighted its achievements in advancing women’s financial inclusion, showing growth in female customers, entrepreneurship funding, and workforce representation. Women account for around 650,000 of the total accounts,…
The Board of Directors of easypaisa digital bank has approved the audited financial statements for the year ended December 31, 2025, with the Bank delivering remarkable results, marking a successful…
Pakistan’s workers’ remittances continued their upward trajectory in February 2026, recording inflows of US$3.3 billion, according to the State Bank of Pakistan (SBP). The central bank reported a 5.2 percent…
The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 10.5 percent in its meeting today. While the incoming data was largely consistent with the macroeconomic projections…
ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with Knowledge Platform (Private) Limited, an education technology company, to explore opportunities for expanding financial access and education-focused services…
Business leader and former president of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, has urged the central bank to stop purchasing dollars in the domestic market, warning that this…
According to Topline Pakistan Research, a recent survey it conducted indicates a prevailing sentiment among market participants regarding the stability of the policy rate amid escalating regional tensions. With the…
The total liquid foreign reserves held by the country stood at US$ 21,433.9 million as of 27-Feb-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
Mobilink Bank has partnered with the Sindh Enterprise Development Fund (SEDF) for a five-year initiative aimed at providing structured financing to micro, small, and medium enterprises (MSMEs) in Sindh’s key…