SBP
SBP Raises Deposit Insurance Limit to Rs. 1 Million for Bank Customers
Bank customers across Pakistan will receive greater financial protection after the Deposit Protection Corporation (DPC) increased the deposit insurance coverage limit from Rs. 500,000 to…
SBP Removes Prior Approval Requirement for Islamic Banking Windows
The State Bank of Pakistan (SBP) has relaxed regulatory requirements for banks seeking to expand Islamic banking services, allowing conventional banks and microfinance banks to…
SBP Launches Nationwide Survey on Digital Payment Services in Pakistan
The State Bank of Pakistan (SBP) has launched a nationwide survey to collect public feedback on digital payment services as part of efforts to strengthen…
Govt Borrows Rs3.5 Trillion in 11 Months Despite IMF Warning
The federal government borrowed Rs3.5 trillion from commercial banks in the first 11 months of fiscal year 2026, State Bank of Pakistan (SBP) data revealed…
SBP Expands Naya Pakistan Certificates to Saudi Riyal and UAE Dirham
The State Bank of Pakistan (SBP) announced issuance of Naya Pakistan Certificates in Saudi riyal and UAE dirham, offering slightly lower returns compared with investments…
Govt to Impose Capital Gains Tax on Cryptocurrency in Budget 2026–27
The federal government plans to impose a capital gains tax on cryptocurrency transactions as part of the upcoming budget 2026-27, informed sources confirmed. The government,…
SHC Orders SBP to Reinstate Employee Over Heart Condition
The Sindh High Court (SHC) has suspended the dismissal of Iman Gulzar, a State Bank of Pakistan (SBP) employee fired due to a rare congenital…
Documents Reveal Pakistan State Firm Chiefs Earn up to Rs. 10M Monthly
Official records have revealed that senior executives at state-owned banks and investment firms receive salaries far exceeding those of most government employees. The managing director…
SBP Mandates 24/7 CCTV and Chip-Pin Cards
The State Bank of Pakistan (SBP) has directed all commercial banks to immediately upgrade their ATM security systems to prevent growing incidents of financial fraud.…
External Loans Surge 83 Percent to $11 Billion in 10 months
Pakistan received $11 billion in external loans between July 2025 and April 2026, representing an 83 percent rise compared with the $6 billion secured during…
SBP Reserves Climb to $17.081 Billion After IMF and Panda Bond Inflows
Foreign exchange reserves held by the State Bank (SBP) rose by $1.214 billion in a week, reaching $17.081 billion as of 15 May 2026. The…
Pakistan Draws Final Tranche of $1.2 Billion Saudi Oil Facility
The federal government has fully utilised a $1.2 billion oil facility from the Kingdom of Saudi Arabia (KSA), with the final $100 million tranche drawn…
Pakistan IT Exports Recover Strongly, Hit $423 Million in April After Early-Year Dip
Pakistan’s IT and telecom export remittances posted another strong performance in April 2026, showing continued growth despite fluctuations earlier this year. According to the State…
