SBP
Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan
Saudi Arabian fintech giant barq has secured In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) to set up an Electronic Money Institution (EMI)…
Pakistan’s Inflation May Exceed Target Range in FY26 Amid Rising Food and Energy Costs: SBP
Pakistan’s central bank has warned that inflation may surpass its medium-term target of 5%–7% in the latter half of FY2025-26, driven by flood-induced food shortages…
SBP Seeks Resolution as Roosevelt Hotel Debt Issue Worsens
The State Bank of Pakistan (SBP) has raised concerns over the delay in repayment of a National Bank of Pakistan (NBP) loan linked to the…
Private Sector Borrowing Halts in Q1 FY26
The first quarter of FY26 ended without any new private sector borrowing in Pakistan, highlighting the fragile state of the economy and the growing uncertainty…
SBP Injects PKR 3.3 Trillion to Stabilize Liquidity
The State Bank of Pakistan (SBP) has injected over PKR 3.3 trillion into the financial system through its latest Open Market Operations (OMOs), aiming to…
SBP Clarifies No Major Revision in Current Account After PBS Data Update
The State Bank of Pakistan (SBP) on Monday clarified that there will be no significant revisions to the country’s current account balance following the recent…
Govt Launches Cost Sharing Scheme for e-Bikes and Rickshaws
The federal government has launched a cost sharing scheme for electric bikes and rickshaws, aiming to promote clean energy, affordable transport, and green mobility in…
SBP Directs Banks to Begin Phase II of Basel III Reforms
The State Bank of Pakistan (SBP) has instructed commercial banks to initiate Phase II of Basel III reforms, aimed at addressing weaknesses in the pre-crisis…
SBP Clarifies 2 Hours Cooling Period in Digital Funds Transfer
The State Bank of Pakistan (SBP) has clarified that the 2 hours cooling period does not affect digital funds transfer, which remains instant. According to…
SBP Approves LemFi-UBL Partnership for Remittances
RightCard Payment Service Limited, trading as LemFi, a leading international payments platform, announced today that the Apex Bank in Pakistan, the State Bank of Pakistan…
SBP Maintains Policy Rate at 11%
The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at 11% following the Monetary Policy Committee (MPC)…
Floods Fuel Inflation as SBP Expected to Hold Rate
Pakistan is expected to hold its policy rate as floods push food prices higher and complicate monetary decisions. A Reuters poll of 14 analysts showed…
Pakistan Launches Trial of National Digital Currency
The State Bank of Pakistan (SBP) has officially started the trial phase of its central bank digital currency (CBDC), marking a significant step toward modernizing…
