Trending Topics
Visa Launches Smartphone-Based Payment Tools for Small Businesses
Visa has introduced new features under Visa Accept and Visa Direct, enabling small businesses in emerging markets to accept and send digital payments directly through…
SBP to Launch New Official Website on July 1
The State Bank of Pakistan (SBP) will launch its redesigned official website on July 1, replacing its long-running online platform with a modern interface aimed…
Audit Finds ZTBL Prioritised Investments Over Farmer Lending
An audit report has revealed large-scale financial irregularities at the Zarai Taraqiati Bank Limited (ZTBL), including the diversion of farmer credit funds into government securities…
FBR to Receive Data on Bank Transactions Above Rs. 100 Million Under New Law
The federal government has introduced a new reporting system for high-value bank transactions to improve tax compliance. Under the Finance Act 2026, banks and financial…
PayPak Expands Beyond Debit: Local Credit Cards Coming to Pakistan
Pakistan is set to launch its first locally developed credit card under the domestic payment scheme PayPak later this year, 1LINK CEO Najeeb Agrawalla has…
Mobile Apps Lead the Charge as Digital Payments Hit Rs68 Trillion
Pakistan’s formal banking and payment channels processed 3.7 billion retail transactions worth Rs168.8 trillion in Q3 FY26, according to the State Bank of Pakistan’s Quarterly…
Banks to Remain Closed on July 1 Across Pakistan for Annual Bank Holiday
The State Bank of Pakistan has announced that all banks across the country will remain closed for public dealing on Wednesday, July 1, 2026, in…
FIA Investigates Rs1 Billion Money Laundering Case Linked to Bank Accounts
The Federal Investigation Agency (FIA) has launched an investigation into transactions exceeding Rs one billion made through two salary accounts at a private bank in…
SBP to Announce First Monetary Policy Decision of FY27 on July 27
The State Bank of Pakistan (SBP) has announced that its Monetary Policy Committee (MPC) will hold its first meeting of fiscal year 2026–27 on July…
SBP Cancels License of Time Exchange Company Over Regulatory Violations
The State Bank of Pakistan (SBP) has cancelled the authorization and license of Time Exchange Company (Pvt.) Limited with immediate effect over what it described…
Bank Alfalah Gets SBP Approval to Raise Rs20 Billion To Enhance Capital Adequacy Ratio
The State Bank of Pakistan (SBP) has granted final approval to Bank Alfalah Limited to raise Rs20 billion through the issuance of redeemable capital instruments…
SBP Expands Apna Ghar Scheme to Overseas Pakistanis, Developers Phase
The State Bank of Pakistan (SBP) has expanded the Wazir-e-Azam Apna Ghar Program to include overseas Pakistanis, enabling them to access government-backed housing finance for…
