SBP
SBP Launches PESIA for Monitoring Overseas Equity Investments
The State Bank of Pakistan (SBP) has rolled out the Performance Evaluation System for Investment Abroad (PESIA), a new online framework aimed at improving transparency…
SBP Issues 2025 List of Domestic Systemically Important Banks
The State Bank of Pakistan (SBP) announced its list of Systemic Banks Pakistan for 2025 after reviewing bank data as of December 31, 2024. The…
SECP, SBP Salary Powers Curtailed After Rs41m Pay Row
The Senate Standing Committee on Finance has moved to remove the legal authority of the State Bank of Pakistan (SBP) board and the Securities and…
SBP Cryptocurrency Ban Blocks Move to Legalize Digital Assets
The SBP cryptocurrency ban has prevented immediate legalization of digital assets, as the central bank warned that approval without regulation could create major risks. The…
SBP Dollar Purchases Push Reserves to $14.5 Billion
The State Bank of Pakistan (SBP) has revealed that its dollar purchases from the open market since June 2024 totaled $7.8 billion, raising foreign exchange…
SBP Opens Fintech Sandbox for Innovative Solutions
The State Bank of Pakistan (SBP) has opened applications for the first cohort of its Regulatory Sandbox (RSB), aiming to drive innovation in Pakistan’s financial…
Pakistan IT Exports Hit Record $354 Million in July
Pakistan IT exports climbed to an all-time high of $354 million in July, showing a 24 percent year-on-year rise and a 5 percent month-on-month increase,…
Govt Launches Risk Coverage Scheme to Boost Agri Financing
The federal government has introduced a new risk coverage scheme to encourage banks and microfinance institutions to expand financing for small and marginalized farmers, particularly…
State Bank Declares 1LINK a Designated Payment System
The State Bank of Pakistan (SBP) has formally declared 1LINK (Private) Limited a Designated Payment System, marking a major step in enhancing Pakistan’s digital financial…
ECC Greenlights Rs3.5bn to Boost Raast QR Adoption
Islamabad: The Economic Coordination Committee (ECC) of the Cabinet approved a set of measures to speed up digital payments and to support people hit by…
Pakistan’s Call Center Industry Earns $320 Million in FY25 Exports
Pakistan’s call centers posted strong growth in FY25, generating over $328 million in foreign exchange earnings. The sector expanded operations and revenues, reinforcing its role…
T-Bills Lose Appeal as Foreign Investors Pull Out
Foreign investors are pulling out of Pakistan’s T-bills, making July a difficult opening month for FY26. Weak inflows and significant sell-offs underscored the declining appeal…
Govt Sets Bold Targets to Promote Cashless Economy by 2026
The government has unveiled new national targets under the Prime Minister’s Cashless Economy initiative, tasking the State Bank of Pakistan (SBP) with accelerating the shift…
