State Bank of Pakistan
Rupee Gains Slightly Against Dollar, Strengthens Globally
The Pakistani rupee (PKR) posted a slight gain against the US dollar in the inter-bank market on Wednesday, closing at Rs. 281.05 compared to Rs.…
SBP and IFC Partner to Boost Local Currency Financing
The State Bank of Pakistan (SBP) has signed an agreement with the International Finance Corporation (IFC) to strengthen local currency financing and encourage private sector…
Rupee Extends Gain Streak Against US Dollar
The Pakistani Rupee (PKR) continued its upward streak on Wednesday, appreciating by 2 paisas against the US Dollar in the interbank market. The local currency…
RDA Inflows July 2025 Hit $10.748 Billion
Remittances through the Roshan Digital Account rose to ten point seven four eight billion dollars by the end of July 2025. This level marks an…
SBP Drops Lien Policy on Delayed Export Payments to Boost Exporters
The State Bank of Pakistan (SBP) has scrapped its lien policy on late export proceeds, offering much-needed relief to exporters, particularly in the rice sector.…
Auto Financing in Pakistan Sees Notable Uptick, Reaches Rs257bn in March
Auto financing in Pakistan experienced a steady rebound, climbing to Rs257.36 billion in March 2025, according to the latest data from the State Bank of…
Pakistan’s Call Center Sector Sees 20% Export Growth, Crosses $200 Million in FY 2024-25
Pakistan’s call center industry has hit a significant milestone, recording over $200 million in export revenue during the first eight months of the fiscal year…
Pakistan’s Digital Payments Surge: 88% Retail Transactions, 1,450M Deals & PKR 24 Trillion in Value
Pakistan’s digital payment ecosystem continues to expand, with a significant portion of retail transactions now occurring through digital channels. According to the State Bank of…
NADRA Launches Pakistan’s First-Ever Digital Identity Card
ISLAMABAD: The National Database and Registration Authority (NADRA) marked a significant milestone on Monday by unveiling Pakistan’s first dematerialized identity card. This initiative aligns with…
Winners of Rs40,000 Prize Bond Draw for March 2025 Declared
For millions of Pakistanis, prize bonds remain an attractive investment option because of the safety of their funds and the possibility of winning large cash…
Khushhali Bank Announces Plans for Islamic Banking Expansion
ISLAMABAD: The State Bank of Pakistan’s Vision 2028 seeks to assist conventional banks in becoming Shariah-compliant financial institutions in accordance with the decision of the…
Bank of Khyber Takes Steps to Operate as a Fully Islamic Bank
The Bank of Khyber (BoK) has officially embarked on its journey to transform from a conventional banking institution into a fully-fledged Islamic bank. This strategic…
SECP & SBP Collaborate for Same-Day Corporate Bank Account Opening
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) are working together on a new initiative aimed at…
