SBP’s FX reserves increased by US$ 21 million
The total liquid foreign reserves held by the country stood at US$ 19,810.5 million as of 10-Oct-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
SBP releases annual report on the state of Pakistan’s economy
State Bank of Pakistan (SBP) released the Annual Report on the State of Pakistan’s Economy for the fiscal year 2024-25 today. According to the Report, a prudent monetary policy stance…
Mobilink Bank, has been recognized as the ‘Best Place to Work’ in Pakistan
Pakistan's leading digital microfinance bank, Mobilink Bank, has been recognized as the 'Best Place to Work' in Pakistan's banking industry at the Best Place to Work Pakistan Awards 2025, one…
Dubai Islamic Bank partnered with Fauree Tech
Dubai Islamic Bank Pakistan Limited (DIBPL), one of the country’s leading Islamic banks, has partnered with Fauree Tech (Pvt.) Ltd., Pakistan’s pioneering digital supply chain finance platform, to launch the…
PQAMC earns positive outlook from PACRA
Pak-Qatar Asset Management Company Limited (PQAMC) has received an AM2 upgrade with a Positive Outlook from Pakistan Credit Rating Agency (PACRA), recognizing its consistent performance in Islamic fund management. This…
AMC-9 concludes with vision for inclusive finance, policy reform, and rural transformation
The 9th Annual Microfinance Conference (AMC-9), organized by the Pakistan Microfinance Network (PMN) in collaboration with the United Nations Industrial Development Organization (UNIDO) under the Poverty Alleviation and Inclusive Development…
NBP collaborates with NAB on the cash management payment portal for online fund transfers
The National Bank of Pakistan (NBP), at the forefront of digital transformation towards cashless banking in Pakistan, enabled the National Accountability Bureau on SmartPay. The initiative has enabled a fast,…
Mian Zahid Hussain expresses concern over the widening trade deficit in Q1
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology,…
New insurance coverage has been launched for overseas Pakistanis
A historic agreement was signed between the Overseas Pakistanis Foundation (OPF) and the United Insurance Company of Pakistan (UIC) to provide financial security for overseas Pakistanis and their families. This…
Faysal Bank and Patients’ Aid Foundation unite for women’s health at Bike-a-Cause 2025
Faysal Bank Limited (FBL), in collaboration with Patients’ Aid Foundation (PAF), participated in the second edition of Bike-A-Cause 2025, a community-driven cycling event aimed at supporting women battling breast cancer.…
Mobilink Bank bags four Awards at AMC-9
Pakistan’s leading digital microfinance bank, Mobilink Bank, has been honored with four distinguished awards at the 9th Annual Microfinance Conference (AMC-9), reinforcing its commitment to innovation, financial inclusion, and women’s…
Pakistan launches Fellowship to align the financial sector with Paris climate goals
Pakistan is taking a decisive step toward climate-smart banking and investment with the launch of the Paris-Aligned Finance Fellowship in October 2025. Financed by the German Federal Ministry for Economic…
Pakistan received a remarkable inflow of US$3.2 bn from workers in Sep 2025
Today, the State Bank of Pakistan eagerly announced a significant milestone in the realm of workers’ remittances. The country received a remarkable inflow of US$3.2 billion, showcasing a robust increase…
Zindigi wins best banking-as-a-service provider at the 2025 Finovate Awards in the UK
Zindigi, powered by JS Bank, has been honored with the “Best Banking as a Service Provider award” at the Finovate Awards UK, a global accolade celebrating its BaaS innovation and…
Visa direct taps stablecoins to unlock faster funding for businesses
The way businesses fund cross-border payments is about to get faster, smarter and more flexible. Today, Visa announced it will launch a stablecoin prefunding pilot through Visa Direct, its global money…
BankIslami and NCCPL partner to enhance Islamic Finance in Pakistan’s Capital Market
BankIslami has signed a Memorandum of Understanding (MoU) with the National Clearing Company of Pakistan Limited (NCCPL) to strengthen the presence of Islamic finance in the country’s capital markets. This…
SBP’s FX reserves increased by US$ 21 million
The total liquid foreign reserves held by the country stood at US$ 19,796.7 million as of 26-Sep-2025. The break-up of the foreign reserves position is as under Foreign reserves held…
Bank Alfalah launches a complete end-to-end digital acquisition website
Bank Alfalah, one of Pakistan’s leading commercial banks, has unveiled its redesigned website. It is now an end-to-end digital acquisition platform built to simplify the customer journey from product discovery…
Aik by BankIslami and PTCL enhances Pakistan’s digital banking with cloud solutions
Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to bolster its infrastructure with secure and reliable services using PTCL…
Bank Alfalah and NCCPL sign MoU to enhance banks’ role in Pakistan’s Capital Markets
Bank Alfalah Limited, one of Pakistan’s leading commercial banks, and the National Clearing Company of Pakistan Limited (NCCPL) have signed a Memorandum of Understanding (MoU) to explore opportunities that will…
SBP’s clarification on the 2-hour cooling period in the Digital funds transfer
This refers to the news item on social media regarding the 2-hour cooling period for digital fund transfers. In this regard, it is clarified that all digital fund transfers are…
VIS has confirmed an AA plus rating for United Insurance
VIS Credit Rating Company has reaffirmed the AA plus Insurer Financial Strength rating for United Insurance Company of Pakistan Limited (UIC) and upgraded its outlook to stable, citing resilience in…
Zindigi launches “Paylink” to empower Pakistani freelancers
Zindigi, powered by JS Bank, introduces its “Paylink” feature, reaffirming its commitment to empowering freelancers with a secure and efficient cross-border payment solution. Despite Pakistan being home to over 1.5…
Faysal Bank and Tapsys partner to revolutionize digital acceptance solutions for SMEs
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has entered into a strategic partnership with Tapsys Private Limited (Tapsys), a leading technology solutions provider, to deliver cutting-edge digital…
NBP wins UnionPay International Award for strategic contribution
National Bank of Pakistan (NBP) proudly celebrates another prestigious recognition by receiving the UnionPay International Award for Strategic Contribution – Marketing Promotion. The award was presented by Mr. Nadeem Haroon,…
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