State Bank of Pakistan (SBP)
IT Exports Remittances in Pakistan Surge 23.6% in July–March FY 2024-25
2 min read
ISLAMABAD: IT exports remittances in Pakistan recorded strong growth during the first nine months (July–March) of the current fiscal year 2024–25, increasing by 23.6% year-on-year,…
Pakistan’s Remittances Hit Historic High in March as SBP Revises Forecasts Amid Economic Recovery
3 min read
In a significant economic milestone, Pakistan recorded an all-time high of $4.1 billion in workers’ remittances for March 2025, according to Governor State Bank of…
Government Executes Rs105 Billion Deal to Swap Ownership in PSPC for Full Control of ZTBL
2 min read
ISLAMABAD: The Pakistani government has approved a significant Rs105 billion transaction aimed at fulfilling its commitment to the International Monetary Fund (IMF). In this deal,…
Pakistan’s Digital Financial Services Expand, But Full Adoption Lags
3 min read
ISLAMABAD: Digital financial services in Pakistan are expanding rapidly, but full adoption remains a challenge. While mobile banking, Raast, and fintech solutions have increased financial…
Roshan Digital Account Sees 8,653 New Openings in February 2025
2 min read
KARACHI: The Roshan Digital Account (RDA) initiative continues to expand, with 8,653 new accounts registered in February 2025, according to a report by the State…
Paysa Technologies Secures SBP’s In-Principle Approval for EMI License
2 min read
KARACHI: The State Bank of Pakistan (SBP) has given in-principle approval to fintech firm PaySa Technologies, allowing it to move forward with its plans to…
Winners of Rs200 Prize Bond Draw for March Announced
2 min read
The Rs200 prize bond draw was conducted on Monday, March 17, at the National Savings Centre in Faisalabad. The State Bank of Pakistan (SBP) conducted the…
Punjab Govt to Release March Salaries Early for Eid
2 min read
LAHORE: The Punjab government has announced the early disbursement of salaries and pensions for March 2025 to Muslim government employees and pensioners ahead of Eid-ul-Fitr.…
SBP Shifts to VPN-Based Access for Enhanced Regulatory Security
2 min read
KARACHI: The regulatory portals of the State Bank of Pakistan (SBP) will soon be accessible only through Virtual Private Networks (VPNs), as the bank moves…
SBP Introduces Raast Participation Criteria for Seamless Digital Payments
2 min read
KARACHI: The State Bank of Pakistan (SBP) has issued the Raast Participation Criteria to enable various entities to join the Raast instant payment system, as…
Fitch Ratings Highlights Pakistan’s Progress Toward IMF Commitments
3 min read
ISLAMABAD: Pakistan is making steady progress in restoring economic stability and rebuilding external buffers, according to Fitch Ratings. The agency emphasized that successful implementation of…
Islamabad United’s Binance Deal Sparks Debate Amid Pakistan’s Crypto Ban
3 min read
Islamabad United, a premier franchise of the Pakistan Super League (PSL), has partnered with Binance, the world’s largest cryptocurrency exchange, as its official exchange partner.…
QR Code Payment System in Pakistan Faces FBR-Induced Delays
2 min read
ISLAMABAD: Dr. Inayat Hussain, the Deputy Governor of the State Bank of Pakistan (SBP), informed the Senate Standing Committee on Finance on Wednesday that the…
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