SBP
SBP Brings Climate Risks Into Bank Stress Testing
The State Bank of Pakistan (SBP) has issued new Guidelines on Climate Stress Testing, formally bringing climate-related risks into the country’s financial stress testing framework.…
Religious Leaders Allege SBP Shielded Banks From Interest-Free Deadline
A group of prominent religious leaders has accused the State Bank of Pakistan of granting banks what they describe as de facto immunity from the…
SBP, PSEB Introduce Special Banking Desks to Support IT Exporters
Pakistan’s banking and technology sectors are converging as new steps aim to enhance financial access for IT exporters. The Pakistan Software Export Board is working…
SBP Conducts Large-Scale OMOs, Pumps Rs12.43 Trillion into Financial System
The State Bank of Pakistan has injected Rs12.43 trillion into the financial system through Reverse Repo Purchase and Shariah-compliant Mudarabah based Open Market Operations, underscoring…
SBP Reserves Surge by $1.3bn on IMF Inflow
Pakistan’s total liquid foreign exchange reserves climbed to $21.09 billion as of December 12, 2025, following a sharp weekly rise driven by fresh inflows from…
6-Months Karachi Interbank Offered Rate-KIBOR Drops After SBP Cuts Policy Rate
Pakistan’s 6-month Karachi Interbank Offered Rate (KIBOR) dropped sharply to 10.76 percent in the current session from 11.11 percent a day earlier, reflecting market reaction…
IMF Support Sparks Momentum in Pakistan’s Reserve Position
Pakistan’s external position has received a notable boost as the country’s foreign exchange reserves crossed key year-end expectations, signalling improved stability following fresh international inflows…
Rs10.48 Trillion Injected into Pakistan’s Financial System by SBP
The State Bank of Pakistan (SBP) on Friday infused Rs10.48 trillion into the financial system through conventional reverse repo and Shariah compliant Mudarabah based operations,…
Pakistan’s FX Reserves Rise by $14 Million as SBP Holdings Reach $14.57 Billion
Pakistan’s liquid foreign exchange reserves recorded a slight uptick this week, with the State Bank of Pakistan (SBP) adding $14 million to reach $14.57 billion,…
PayPak Failure: SBP, Banks Come Under Fire in Senate Committee
In a strongly worded session, the Senate Standing Committee on Finance raised serious concerns over the weak adoption of Pakistan’s local PayPak debit card, accusing…
QR Code Payments Introducing to LCCI as SBP Pushes Digital Shift
Pakistan is moving another step toward a cashless economy as the State Bank of Pakistan (SBP) and the Lahore Chamber of Commerce and Industry (LCCI)…
Banks to Remain Open Saturday for Extended Tax Payment Hours
Banks across Pakistan will remain open this Saturday, November 29, 2025, with extended hours to ensure smooth processing of government duties and tax payments. The…
PTCL Races to Acquire Telenor Ahead of 5G Spectrum Auction
Pakistan’s telecom sector is poised for a major transformation as PTCL moves to acquire Telenor Pakistan, sources familiar with the matter confirmed. The deal, valued…
