SBP
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…
SBP Governor Provides Update on New Currency Notes
Governor State Bank of Pakistan (SBP) Jameel Ahmad stated that the introduction of new currency note designs is expected to face delays due to ongoing…
SBP Launches Go Cashless Campaign for Eid-ul-Azha 2026
The State Bank of Pakistan has launched a nationwide “Go Cashless” campaign for Eid-ul-Azha 2026 to encourage secure and convenient digital transactions in cattle markets across…
SBP Reserves Rise to Nearly $16 Billion After Fresh Dollar Inflows
The State Bank of Pakistan State Bank of Pakistan recorded a slight increase in its foreign exchange reserves during the week ending May 8, 2026, supported by…
Govt Plans 7-Year Car Installment Scheme With Loans Up to Rs. 10 Million
The federal government is considering a major overhaul of auto financing rules that would allow long-term car installment plans of up to seven years and…
SBP Declares Pakistan Banks Resilient After 15% Financial Sector Growth
Pakistan’s banking sector has strengthened significantly and is now better prepared to withstand economic shocks, according to the latest Financial Stability Review (FSR) 2025 released…
Will May 1, 2026, be an Official Holiday? SBP and PSX Confirm Closure on Labour Day
The banking and stock market activity in Pakistan will pause on May 1, 2026. The closure comes as the country observes Labour Day. The government…
KIBOR Jumps Up to 99 Bps After SBP Hikes Policy Rate to 11.5%
Pakistan’s Karachi Interbank Offered Rate (KIBOR) surged across multiple tenors after the State Bank of Pakistanraised its policy rate by 100 basis points to 11.5 percent, signaling a shift…
Business Community Rejects SBP Interest Rate Hike, Warns of Industrial Crisis
The Federation of Pakistan Chambers of Commerce and Industry has strongly rejected the State Bank of Pakistandecision to raise the policy rate by 1 percent, warning the move could…
