Pakistani banks have become the most heavily exposed to government debt in the world, holding public debt equivalent to roughly… Read More
SBP Ends Prior Approval Requirement for Faster Shift to Islamic Banking
The State Bank of Pakistan (SBP) has allowed conventional banks to set up Islamic Banking Windows (IBWs) within conventional branches… Read More
SBP Launches Nationwide Survey to Assess Performance of Digital Payment Services
The State Bank of Pakistan (SBP) has launched a nationwide survey to gather public feedback on digital payment services, aiming… Read More
Telenor Looks to Sell Easypaisa Stake And Exit Pakistan for Good
Norway’s Telenor ASA is considering selling its controlling stake in Easypaisa Bank, a move that could mark the company’s complete… Read More
More Than 6.8 Million Pakistanis Joined the Banking System Last Year
Pakistan’s financial system added more than 6.8 million new unique bank accounts during 2025, with women accounting for 55 percent… Read More
ABHI Microfinance Bank Reports Highest Ever Profit of Rs. 1 Billion
ABHI Microfinance Bank Limited closed 2025 with a profit after tax of Rs. 1.019 billion, the highest ever in the… Read More
Pakistani Freelancers to Hit Historic $1 Billion Target This Year
Pakistan’s freelancers earned more than $950 million in foreign exchange during the first 10 months of the current fiscal year.… Read More
Govt Plans Biggest Insurance Sector Shake Up in 25 Years To Bring Foreign Investment
The federal government has introduced the Insurance Bill 2026 in the National Assembly, proposing sweeping reforms aimed at modernizing Pakistan’s… Read More
Pensioners Will Soon Need to Verify Proof of Life Using NADRA App to Receive Funds
The Government of Pakistan is moving ahead with a major digital reform for pension verification through a state-of-the-art app-based “Proof… Read More
Banks Panic Refund Rs. 187 Crore After Complaint System Gets Flooded With Cases
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
