SBP’s FX reserves increased by US$ 21 million
The total liquid foreign reserves held by the country stood at US$ 21,374.7 million as of 06-Feb-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
Pakistan gets its first shariah compliant digital non-life insurer
Pakistan’s insurance and takaful sector has marked a significant milestone as the Securities and Exchange Commission of Pakistan has granted registration to First Digital Takaful Company Limited, a wholly owned…
Banking sector announces voluntary 3% rate reduction for export sector
In a significant move to support economic revival, Pakistan's Banking Sector has voluntarily reduced the markup rate on the Export Refinance Facility (ERF) by 3.0%, bringing it down to 4.50%…
Faysal Bank & Waseela Pakistan partner to fast-track Shariah Financing for farmers
Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for…
Pak-Qatar General Takaful is listed on the PSX
Pak-Qatar General Takaful Limited (PQGTL), a leading Shariah-compliant general Takaful operator in Pakistan, has made history by listing on the Pakistan Stock Exchange (PSX) following its record-breaking IPO. As the…
Pakistan received workers’ remittances $3.5 billion in January 2026
According to SBP, January 2026 saw a robust inflow of workers’ remittances, totalling $3.5 billion, marking a 15.4 per cent increase compared to the same month last year. This rise…
Visa and HBL announce five winners of She’s Next in Pakistan
Winners were announced at the finals pitch event following a three-month long program that kicked off in November 2025 Anusha Fatima - TrashIt wins the new Sustainability Award introduced for…
SBP: Inflation is projected to remain within the 5 – 7 percent target range during most of FY26 and FY27
As part of ongoing efforts to improve its communications with external stakeholders and increase transparency in monetary policy decision-making, the State Bank of Pakistan (SBP) released its biannual Monetary Policy…
Meezan Bank announces Financial Results for the Year 2025
The Board of Directors of Meezan Bank, in its meeting held on February 9th, 2025 approved the financial statements of the Bank and its consolidated financial statements for the year…
ABHI Microfinance Bank, 1LINK to launch 1GO Raast P2M Services
ABHI Microfinance Bank Ltd. (Abhi MFB) has entered into a strategic partnership with 1LINK to roll out 1GO Raast Person-to-Merchant (P2M) services, enabling merchants nationwide to accept instant digital payments…
MEBL: 4QCY25 Result in line with our expectation, with maintained cash payout
Meezan Bank Ltd (MEBL) announced its 4QCY25 financial results earlier today, wherein the bank posted NPAT of PkR21.8bn (EPS: PkR12.1) for the quarter, down 10%YoY/up 4%QoQ. The result is inline…
Meezan Bank expands correspondent banking with PKR Vostro Account for Freedom Bank Kazakhstan
Meezan Bank, Pakistan’s leading Islamic bank and one of the largest in the country, has signed an agreement with Freedom Bank Kazakhstan to establish a PKR Vostro Account, marking an…
PM Shehbaz recognises NBP for contributions to economy
Prime Minister of Pakistan, Shehbaz Sharif, has recognised the National Bank of Pakistan (NBP) for its significant contributions to the national economy. During a recent ceremony in Islamabad, PM Shehbaz Sharif…
MCB Bank reports resilient performance with strong capital and dividend payout
MCB Bank Limited is pleased to announce another year of resilient financial performance for the year ended December 31, 2025, reflecting the Bank’s strategic agility, balance sheet strength, and disciplined…
HBL Zarai approved Asaan Digital Zarai Qarza Scheme
The State Bank of Pakistan (SBP), through the Pakistan Banks Association (PBA), has conveyed its no objection to onboarding HBL Zarai Services Limited (HBL Zarai) as an approved Agricultural Services…
ABHI Microfinance Bank, DigiKhata partner to unlock financing for SMEs across Pakistan
In a significant step toward strengthening small business financing in Pakistan, ABHI Microfinance Bank has signed a Memorandum of Understanding (MoU) with DigiKhata, a leading digital ledger platform used by…
Hyderabad Chamber advocates for timely release of business funds to support local economy*
Following a strong follow-up by the Hyderabad Chamber of Small Traders & Small Industry regarding the serious issue of unjustified and indefinite holding of funds in business accounts, Vice President…
Meezan Bank invited to share expertise on risk sharing finance
Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, engaged with Bank Negara Malaysia (BNM), the Central Bank of Malaysia, under a focused knowledge-sharing…
Pakistan’s foreign reserves see modest increase amid economic challenges
As of January 23, 2026, Pakistan's total liquid foreign reserves have reached US$ 21,293.3 million, according to the latest data released by the State Bank of Pakistan (SBP). This represents…
ABHI Microfinance Bank, Zanda join hands to expand digital loans in Pakistan
In a move aimed at widening access to small-ticket digital financing in Pakistan, ABHI Microfinance Bank has entered into a strategic partnership with Zanda Financial Services (Pvt.) Ltd., a technology-enabled…
PQGTL IPO general public subscription begins from 28th Jan
The general public will be able to subscribe to the initial public offering (IPO) of Pak Qatar General Takaful Limited (PQGTL) starting January 28th, following strong institutional investor demand during…
FPCCI rejects SBP’s status quo in interest rate
Atif Ikram Sheikh, President FPCCIKarachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed profound disappointment over the State Bank of…
Decision to keep policy rate at 10.5% is disappointing, KATI President
President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput expressed strong reservations over the State Bank of Pakistan’s Monetary Policy Committee decision to maintain the policy…
PQAMC announces dividend of PKR 4.9581 per unit
Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company in Pakistan, and part of Pak-Qatar Group, which is Pakistan’s Pioneer and Premier Islamic financial services…
Policy rate decision contrary to FPCCI expectations: Saqib Fayyaz Magoon
Saquib Fayyaz Magoon, Chairman of the Businessmen Panel Progressive (BMPP) and Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed deep disappointment over…