SBP
SBP Reserves Increase by $28 Million, Hit $14.30 Billion
2 min read
Pakistan’s foreign exchange reserves witnessed a slight improvement this week, as the State Bank of Pakistan (SBP) reserves increased by $28 million, reaching $14.30 billion…
SBP to Legalize Digital Currencies Under New Bill 2025
2 min read
The State Bank of Pakistan (SBP) has agreed in principle to declare digital currencies legal in the country. However, a proper regulatory framework is still…
Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity
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Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…
SBP Launches PESIA for Monitoring Overseas Equity Investments
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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…
