Digital Banking
SECP Partners with Digital Banks to Simplify Corporate Account Opening for Startups
The Securities and Exchange Commission of Pakistan (SECP) has launched a new initiative to simplify and speed up the process of opening corporate bank accounts…
easypaisa Digital Bank Posts Rs. 5.6 Billion Profit in First 9 Months
Easypaisa Digital Bank has announced a profit before tax of Rs. 5.65 billion for the nine months ended September 30, 2025. The figure marks a…
SBP Calls for Collaboration to Speed Up Islamic and Digital Banking
Pakistan’s central bank is calling for a united push to fast-track the country’s shift toward Islamic and digital banking. Senior officials from the State Bank…
RDA Inflows Rise 20% to $196 Million in September 2025
Pakistan’s Roshan Digital Account (RDA) recorded a strong performance in September 2025, with inflows rising 20% month-on-month to reach $196 million, up from $164 million…
SBP Launches Zarkhez-e Digital Platform for Small Farmers
The State Bank of Pakistan (SBP) has officially launched a groundbreaking digital platform, ‘Zarkhez-e’, designed to provide collateral-free agricultural loans to small and marginalized farmers…
Digital Banking Users in Pakistan Surge Past 96 Million
Pakistan is witnessing a remarkable rise in digital banking users, marking a major milestone in the country’s move toward a cashless economy. Recent data shows…
UBL Becomes First Pakistani Bank to Hit Rs.1 Trillion Cap
United Bank Limited (UBL) has achieved a historic milestone by becoming the first bank in Pakistan to cross Rs. 1 trillion in market capitalization at…
SECP Pushes Sukuk Expansion, Digital Reforms to Boost Financial Inclusion
The Securities and Exchange Commission of Pakistan (SECP) has reaffirmed its commitment to building a stronger Sukuk market and accelerating digital transformation to broaden access…
Easypaisa Digital Bank Reports 39.4% Profit Growth in H1 2025
Easypaisa digital bank has announced its financial results for the half-year period ended June 30, 2025. The bank reported a profit before tax of PKR…
SBP Unveils New Framework to Ease Bank Account Opening
In an effort to streamline the process of bank account opening, the State Bank of Pakistan (SBP) has released new regulations for customer onboarding. Standardization…
Digital Banking Pilot Project Faces Delay, Now Expected by Mid-August
The National Assembly Standing Committee on Poverty Alleviation and Social Safety expressed dissatisfaction over the delay in launching Pakistan’s digital banking pilot project. Initially scheduled…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
BISP & Pakistan Post to Collaborate on Digital Payment Solutions
In a significant development, the Benazir Income Support Program has partnered with Pakistan Post to provide digital payment solutions for stipend distribution. Chairperson Benazir Income…
