State Bank of Pakistan (SBP)
Facial Recognition Mandatory for All Foreign Currency Transactions by 2026
2 min read
If you plan to buy or sell foreign currency next year, get ready for a stricter verification process. The State Bank of Pakistan (SBP) has…
IMF Completes Pakistan’s EFF & RSF Reviews: SDR 914M Received by SBP
3 min read
In a significant development for Pakistan’s economic landscape, the International Monetary Fund (IMF) Executive Board has successfully completed two major reviews this week. Specifically, the…
PTCL Initiates Fast-Track Takeover of Telenor Pakistan: A Green Light for 5G?
3 min read
Pakistan Telecommunication Company Limited (PTCL) has officially kicked off a fast-track takeover of Telenor Pakistan, marking a transformative development for the telecom sector. The Pakistan…
Strict Virtual Asset Regulations 2025 Finalised by Pakistan
2 min read
The federal government has officially finalised the Virtual Asset Service Provider (Governance and Operations) Regulations 2025. These new rules introduce the strictest monitoring framework yet…
ICBC Expands Operations as Pakistan Prepares First Panda Bond
2 min read
The Industrial and Commercial Bank of China (ICBC) has officially set out an expanded roadmap to position Pakistan as South Asia’s financial hub for the…
Pakistan’s IT Exports Hit Record USD 386 Million in October
2 min read
Pakistan’s IT and Telecommunication sector delivered its strongest performance ever in October 2025. According to data compiled from the State Bank of Pakistan (SBP), export…
Meezan Bank Wins ‘Best Bank Award’ for the Third Time
2 min read
Meezan Bank Ltd secured the “Best Bank Award” for the third time at the 10th Pakistan Banking Awards held in Karachi on Friday. The achievement…
PSX Rebounds After Three-Day Slide: Nearly 500 Points Gained
2 min read
The Pakistan Stock Exchange (PSX) ended its three-day losing streak on Friday, November 7, as the benchmark KSE-100 index posted a strong recovery. The market…
UBL Faces Criticism Over Withholding Salary Funds on Credit Days
2 min read
United Bank Limited (UBL) is facing growing public criticism after multiple reports surfaced alleging that the bank has been withholding customer salary funds on credit…
Pakistan & Vietnam Boost Economic Ties: $3 Bn Trade Target Set
2 min read
Pakistan and Vietnam set $3 billion trade target to boost economic ties. The two countries are looking to take their economic relationship to the next…
SBP Injects Rs. 400Bn: Shariah-Compliant Mudarabah-Based OMO
2 min read
The State Bank of Pakistan (SBP) has injected Rs. 400 billion into the banking system through a Shariah-compliant Mudarabah-based Open Market Operation (OMO). The short-term…
Governor SBP Jameel Ahmad Inaugurates JazzCash Experience Lounge in Islamabad
2 min read
The governor of the State Bank of Pakistan, Jameel Ahmad, inaugurated JazzCash’s Experience Lounge in Islamabad today. He was joined by Deputy Governor SBP Saleem…
Govt Approves Rs3.5b Subsidy for QR-Based Payments
2 min read
The government has tasked the State Bank of Pakistan (SBP) with preparing a detailed report on the impact of a Rs3.5 billion annual subsidy approved…
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