SBP
Muhammadi Exchange Company’s FX License Revoked by State Bank of Pakistan
The State Bank of Pakistan (SBP) has revoked the authorization of M/s Muhammadi Exchange Company (Pvt.) Ltd. to operate in the foreign exchange business, effective…
SBP Injects Over Rs. 9.9 Trillion into Money Market at 11.01% Rate
The State Bank of Pakistan (SBP) conducted a major Reverse Repo (Injection) Open Market Operation (OMO) on October 17, 2025, injecting Rs. 9.94 trillion into…
Samba Bank Gets SBP’s Green Light to Become a Full Islamic Bank
Samba Bank Limited has received in-principle approval from the State Bank of Pakistan (SBP) to convert into a full Islamic bank. This marks a major…
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…
