Trending Topics
Ex-Bank Manager Arrested After Return From UAE in Rs10 Million Case
The Federal Investigation Agency (FIA) has arrested a former branch manager of a private bank in Okara, accused of embezzling Rs10 million from a customer,…
SBP to Clear Cheques Through Electronic Images From October 15
The State Bank of Pakistan (SBP) will begin clearing cheques through electronic images instead of physical paper on a pilot basis from October 15, with…
Easypaisa-Linked Transactions Face Delays Across Six Payment Firms
Transactions linked to Easypaisa and processed through several merchant and payment intermediary firms are reportedly facing delays, creating uncertainty for businesses and customers across Pakistan’s…
Govt Reviews 111 National Savings Centers Over High Costs
Pakistan’s National Savings has identified 111 centres as financially inefficient and potentially unsustainable, directing regional offices to prepare plans to reduce operating costs or increase…
SBP Opens Regulatory Sandbox for AI, Payments and Remittances
The State Bank of Pakistan (SBP) has launched the second cohort of its Regulatory Sandbox, providing individuals and firms an opportunity to test innovative financial…
Banks to Extend Working Hours for Government Tax Payments
All branches of commercial banks across Pakistan will observe extended working hours until 10:00 PM on September 30, 2026, to facilitate taxpayers in making over-the-counter…
MCB Sialkot Targeted With SIM Swap Fraud & Unauthorized Transfers
Pakistan’s digital banking infrastructure is hemorrhaging money through a simple yet devastating attack vector: SIM card swaps paired with fraudulent mobile app access. The pattern…
SBP Governor Launches Pasban Remittance Reward Scheme With Rs. 16 Billion in Annual Prizes
State Bank of Pakistan (SBP) Governor Jameel Ahmad has inaugurated the Pasban Remittance Reward Scheme, a banking industry-funded initiative offering Rs. 16 billion in annual…
Pasban Remittance Rewards Scheme Launched to Encourage Formal Remittances
A new industry-wide rewards scheme has been launched to encourage overseas Pakistanis to send home remittances through formal banking channels, giving eligible beneficiaries in Pakistan…
Karachi Court Bars Banks From Using Safe City to Trace Defaulted Vehicles
A Karachi sessions court on Wednesday rejected a plea seeking an FIR against the chief executive officer of a private bank, its branch managers and…
Pakistan’s Broad Money Supply Falls Rs. 324 Billion to Rs. 44.02 Trillion
Pakistan’s broad money supply, known as M2, declined by Rs. 324.24 billion week-on-week (WoW) to Rs. 44.02 trillion as of September 11, 2026, according to…
Saudi Arabia Quietly Exits China-Led mBridge Digital Currency Project
Saudi Arabia has withdrawn from mBridge, a China-backed central bank digital currency platform, the Financial Times reported. The exit was not previously public. The kingdom’s…
