The Banking Mohtasib Pakistan (BMP) provided monetary relief exceeding Rs. 1.87 billion (PKR 187 crore) to banking customers by resolving… Read More
Rupee Ends Week Strongly Against Pound, Euro, Dirham and US Dollar Again
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 156th consecutive day on Friday. Meanwhile,… Read More
SBP Reserves Rise by $23 Million, Near $16 Billion Again
Pakistan’s liquid foreign exchange reserves increased this week, with the State Bank of Pakistan reporting an increase of $23 million,… Read More
Indus Cloud Limited, Indus DC REIT, and UBL form Strategic Partnership to Accelerate Pakistan’s Digital Infrastructure and Cloud Adoption
Indus Cloud Limited, Indus DC REIT, and UBL announced a landmark strategic partnership to develop and expand next-generation cloud computing… Read More
Pakistan’s Microfinance Sector Records 92% Decline in Losses During 2025
Pakistan’s microfinance banking sector continued to operate under pressure but showed notable improvement in 2025, with losses narrowing significantly after… Read More
SBP Allows 5 Companies to Launch Islamic Banking Operations in Pakistan
The State Bank of Pakistan (SBP) has granted in-principle approvals to five financial institutions to launch Islamic banking operations. According… Read More
RAAST Transactions Hit Rs. 50 Trillion As Pakistanis Switch to Online Payments
Pakistan’s digital payments landscape expanded rapidly in 2025, with transactions through the State Bank of Pakistan’s (SBP) instant payment system… Read More
Five Biggest Threats to Pakistan’s Financial Stability Revealed in Latest SBP Survey
Global geopolitical tensions, domestic security risks, commodity price volatility, natural disasters, and cybersecurity threats have emerged as the five most… Read More
Islamic Banking Captures Record Market Share Ahead of Conventional Banks
Islamic banking in Pakistan reached a historic milestone in 2025, capturing nearly 23 percent of the country’s total banking assets,… Read More
SBP Declares Local Banks Now ‘Ready for Economic Shocks’ After 15% Growth
Pakistan’s financial sector expanded by 15.1 percent in 2025, a major improvement in stability as deposits increased, bad loans declined,… Read More
LUMS Collaborates with Allied Bank to Advance Robotics Innovation in Banking
The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration… Read More
HBL Manufacturing PMI Falls Amid Stagflationary Headwinds
The HBL Manufacturing PMI came in at 49.9 during April 2026, down from 52.9 in the previous month, marking the… Read More
