State Bank of Pakistan (SBP)
Unclaimed Bank Deposits Moved to SBP: Step-by-Step Guide to Claim Your Funds
The State Bank of Pakistan (SBP) has confirmed that all unclaimed deposits in Pakistan up to December 31, 2023, have been surrendered by banks and…
SBP Calls for Long-Term Investment Incentives
ISLAMABAD: As Pakistan’s rupee comes under renewed pressure, the State Bank of Pakistan (SBP) has proposed tying tax benefits to longer-term foreign investments in government…
Pakistan Posts $103mn Current Account Deficit in May 2025
Pakistan’s current account swung into a $103 million deficit in May 2025, reversing the surplus of $47 million seen in April, according to new data…
Pakistan’s Foreign Exchange Reserves Hit 26-Month High
KARACHI: Pakistan’s foreign exchange reserves hit a 26-month high, rising by $167 million on a weekly basis, according to the latest data issued by the…
SBP’s PRISM+ Launch: The End of Payment Problems in Pakistan?
The State Bank of Pakistan (SBP) has announced the launch of the PRISM+ payment system, set to go live on June 16, 2025, under its…
SBP Issues Halan Microfinance Bank License Across Pakistan
The State Bank of Pakistan has issued a nationwide Halan Microfinance Bank license, marking a key step for the fintech-backed lender. Effective June 3 2025,…
Pakistan’s Central Govt Debt Rises by 13.4% YoY
The federal government’s total public debt has climbed to nearly Rs. 75 trillion, marking a significant increase of 13.4 percent year-on-year (YoY), according to recent…
Pakistan Foreign Exchange Reserves Jump by $70 Million Ahead of FY26 Budget
Pakistan foreign exchange reserves witnessed a significant rise of $70 million, as per the latest data released by the State Bank of Pakistan (SBP) on…
SBP Boosts Digital Payments Ahead of Eid ul Azha
ISLAMABAD: In a bid to accelerate the adoption of digital finance, Pakistan’s central bank has teamed up with 22 leading commercial banks to promote SBP…
SBP Approves UBL Share Split to Boost Market Liquidity
The State Bank of Pakistan (SBP) has officially approved the proposed UBL share split, paving the way for United Bank Limited (PSX: UBL) to restructure…
SBP Regulatory Sandbox Introduced to Boost Fintech Innovation
KARACHI: The State Bank of Pakistan (SBP) has officially unveiled the SBP regulatory sandbox guidelines as part of its broader Vision 2028 strategy. This platform…
Pakistan’s IT Exports Surge 21% to $3.14 Billion in July–April FY25
ISLAMABAD: IT exports in Pakistan recorded strong growth during the first ten months (July–April) of the current fiscal year 2024–25, increasing by 21% year-on-year, according…
Pak Govt’s Domestic Debt Soars to Rs.73tr
KARACHI: Pakistan’s domestic debt climbed to Rs73.6 trillion by the end of March 2025, as fiscal deficit financing pushed borrowing levels higher, according to fresh…
