The federal government has paid back over Rs. 92 billion to local banks in the current fiscal year after amassing… Read More
Banking Mohtasib Provides Relief of Rs. 1 Billion to Banking Customers in 9 Months
A monetary relief of over Rs. 1.06 billion has been provided to banking customers during the first nine months (January… Read More
SBP Extends RAAST Payment System to Provincial Accountant Generals
The department of the State Bank of Pakistan (SBP) is all set to onboard the payment system of provincial chapters… Read More
Riba-Free Banking: A Path to Financial Inclusivity and Fairness in Pakistan
In today’s rapidly changing financial landscape, the demand for banking systems that reflect ethical principles is steadily growing. Conventional models,… Read More
JS Bank Launches Instant Debit Card Service, Offering Immediate Card Issuance for New Customers
JS Bank, one of the fastest-growing banks in Pakistan, has launched a game-changing service that allows customers to walk out… Read More
SBP Launches Challenge Fund For Facilitating SMEs
The State Bank of Pakistan (SBP) has launched a Challenge Fund for SMEs (CFS) to support banks and financial technology… Read More
Share of Digital Payments in Retail Space Hits 84%
The State Bank of Pakistan (SBP) has released its annual report highlighting the significant advancements in the national payment ecosystem… Read More
HBL Wins ‘Best Conventional Bank of the Year Excellence Award’
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has awarded HBL the accolade of the ‘Best Conventional Bank… Read More
MCB Bank Gets Court Approval to Convert 39 Branches Into Islamic Banking Entities
MCB Bank Limited (PSX: MCB) has received approval of the Lahore High Court for the Scheme of Compromises, Arrangements and… Read More
SBP Increases SME Financing Limits Up to Rs. 500 Million
The State Bank of Pakistan (SBP) has enhanced the financing limits for Small and Medium Enterprises (SMEs) up to Rs.… Read More
Listed Banks Must Lend Rs. 3.6 Trillion to Achieve 50% Gross ADR: Report
Approximately Rs. 3.6 trillion will be required to be disbursed by listed banks to achieve the 50 percent Gross Advances… Read More
Empowering Pakistan’s Youth, Entrepreneurs & SMEs: Financial Institutions as Catalysts for Change
Pakistan’s burgeoning population of over 241 million and its rich demographic dividend as the world’s fifth-largest youth population present immense… Read More
