SBP
Lawmakers Reject FBR Proposal To Access Bank Account Data
A parliamentary committee on Friday rejected a government proposal allowing the tax authority direct access to taxpayer bank account data within various scheduled national banks.…
Car Financing in Pakistan Hits Record Rs369 Billion as Vehicle Sales Continue to Rise
Automobile financing in Pakistan has reached a new all-time high, extending its growth streak for the 18th consecutive month despite an increase in the policy…
Bank Alfalah Gets SBP Approval to Raise Rs20 Billion To Enhance Capital Adequacy Ratio
The State Bank of Pakistan (SBP) has granted final approval to Bank Alfalah Limited to raise Rs20 billion through the issuance of redeemable capital instruments…
Raast QR Enables Cashless Challan Payments on Three Key Motorways
Pakistan has launched a QR-based digital payment system for traffic fines on selected motorways, developed in collaboration with the NHA, NHMP, and Zindigi-JS Bank. The…
Pakistan Records $459 Million Current Account Surplus in May 2026
Pakistan posted a current account surplus of $459 million in May 2026, according to the latest figures released by the State Bank of Pakistan. The…
Pakistan’s IT Exports Fall 11.8% in May but Remain on Track for $4.5bn Target
Pakistan’s IT and telecom export earnings fell in May 2026 after reaching a record level in April. However, exports during the first 11 months of…
Pakistan Borrowing Costs Fall as Inflation Outlook Improves After SBP Decision
Pakistan’s borrowing costs declined across most maturities on Monday after the State Bank of Pakistan (SBP) kept its benchmark policy rate unchanged and signaled a…
SBP Keeps Monetary Policy Rate Unchanged at 11.5% to Maintain Economic Stability
The State Bank of Pakistan (SBP) has made a major announcement today. On June 15, 2026, the Monetary Policy Committee (MPC) held a crucial meeting.…
SBP Expands Apna Ghar Scheme to Overseas Pakistanis, Developers Phase
The State Bank of Pakistan (SBP) has expanded the Wazir-e-Azam Apna Ghar Program to include overseas Pakistanis, enabling them to access government-backed housing finance for…
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…
