The State Bank of Pakistan (SBP) has launched a Challenge Fund for SMEs (CFS) to support banks and financial technology… Read More
Pakistan is Getting A Digital Payment Index Soon
A Digital Payment Index (DPI) has been planned at a national level to put a navigator in place that tracks… Read More
Rising Costs, Taxes, Eroding Purchasing Power Are Slowing Down Real Estate Market Activities: Report
The real estate market in Pakistan has also been heavily impacted by recent economic challenges, including the high cost of… Read More
Punjab’s Digital Initiative: Model Bazaars Introduce Free Home Delivery
Public welfare in Punjab has often involved subsidies, in-person distribution, and short-term relief programs. Examples include Ramzan Bazaars and wheat… Read More
Karachi to Get New Industrial Zone in Next 3 Years
Director General Karachi Development Authority (KDA) Syed Shujaat Hussain said that a new industrial zone will be established in the… Read More
Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report
Digital transactions stood at 83 percent of total retail payments for the quarter, processed by banks and Electronic Money Institutions… Read More
Microfinance Banks Serving More Accountholders, Borrowers Than Conventional Banks
Microfinance Banks (MFBs) continue to expand their outreach of financial services to the low-income segment of the population despite challenging… Read More
Microfinance Banking Sector’s Losses Reduced By Over Rs. 10 Billion in 2023: SBP
The aggregate profitability of the Microfinance Banks remained in losses for the fifth year in a row, as the sector’s… Read More
UBL Subsidiary Merges With Wall Street Exchange Company
The subsidiary of United Bank Limited, UBL Currency Exchange has merged with Wall Street Exchange Company after the approval of… Read More
SBP Instructs Banks to Adopt Digital Supply Chain Finance Solutions For SMEs
The State Bank of Pakistan (SBP) has issued instructions to banks to develop and implement digital solutions for supply chain… Read More
End Lawlessness in Karachi in 3 Days Or We Strike: Industrialists
Industrialists demanded the security, law, and order authorities to arrest the killers behind the assassination of industrialists and students within… Read More
Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2023
With consistent growth and expansion on all fronts, the Islamic Banking Industry (IBI) has surged to Rs. 9 trillion. According… Read More
