Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has entered into a strategic partnership with Neem, the country’s leading embedded finance platform, to digitise and streamline payments across…
The total liquid foreign reserves held by the country stood at US$ 14,397.4 million as of 20-Jun-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q3 FY25, providing a summary of the country's payment systems and presenting notable changes in the…
Meezan Bank, Pakistan’s Premier Islamic bank, has successfully concluded the second batch of ‘Meezan Justuju – A Quest for Islamic Finance Leaders!’, an educational initiative conducted in collaboration with the…
National Institute of Banking and Finance-Pakistan (NIBAF Pakistan) and Risk Associates have formalised a landmark partnership today through the signing of a Memorandum of Understanding (MoU), aimed at strengthening the…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
The total liquid foreign reserves held by the country stood at US$ 17,004.5 million as of 13-Jun-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Visa (NYSE: V), a global leader in digital payments, announced significant advancements in its stablecoin initiatives, with expanded settlement capabilities in the Central and Eastern Europe, Middle East, and Africa…
The Korangi Association of Trade and Industry (KATI) has termed the State Bank of Pakistan’s decision to maintain the policy rate at 11% as temporarily acceptable given the prevailing global…
Malik Khuda Bakhsh, President of Pakistan Business Forum (Karachi Region) and Convener of the FPCCI Energy Committee, has termed the State Bank of Pakistan’s decision to keep the interest rate…
President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has expressed profound disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy rate unchanged at…
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of Pakistan is disappointed with the monetary policy as it continues to be based on…
Pakistan’s largest telecommunication and digital services provider, PTCL Group (PTCL and Ufone 4G), has partnered with TPL Insurance to launch a groundbreaking financial guarantee system aimed at promoting the adoption…
Faysal Bank Limited (FBL), one of the leading Islamic banks in the country, won the “Best Digital Marketing Campaign of the Year” at the Pakistan Digital Awards 2025. The Roshan…
At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 11 percent. The Committee noted that the increase in inflation in May to…
BankIslami, one of Pakistan’s fastest-growing financial institutions, has won the Jury Award for Best Campaign at the Pakistan Digital Awards (PDA). This award was presented in recognition of the Bank’s purpose-led…
We expect the SBP to maintain the status quo in its upcoming Monetary Policy Committee (MPC) meeting, given the recent escalation in regional tensions and the surge in oil prices.…
State Bank of Pakistan (SBP) is scheduled to hold its Monetary Policy Committee (MPC) meeting on May 05, 2025. In a Poll conducted by Topline Securities, 56% of the market…
The total liquid foreign reserves held by the country stood at US$ 16,875.0 million as of 06-Jun-2025. The break-up of the foreign reserves position is as follows: Foreign reserves held…
DWP Technologies and JS Bank officially entered into a transformative partnership through the signing of a three-year Cisco Infrastructure Services contract, marking a significant milestone in digital infrastructure development. This strategic alliance…
Pak-Qatar Family Takaful Limited recently held a grand balloting event under the “Loyalty Reward Scheme” to reward its loyal participants. The event held at the company’s Head Office, the event…
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, successfully kicked off the Karachi cohort of its ‘Faysal Khud Mukhtar’ Internship Programme in collaboration with Circle Women Association, showcasing…
Pakistan's leading digital microfinance Bank, Mobilink Bank's inheritance campaign, has been shortlisted for the prestigious Cannes Lions International Festival of Creativity 2025 in the 'Glass: The Lion for Change' category.…
In May 2025, workers' remittances experienced a significant inflow of $3.7 billion, marking a robust increase in financial contributions from overseas. According to the latest report, remittances grew by 16.0%…
Halan Microfinance Bank, a Pakistani microfinance bank owned by MNT-Halan, has received a national license from the State Bank of Pakistan, enabling it to expand throughout the country beyond Sindh…
