The Pakistan Stock Exchange (PSX) has announced key trading and settlement adjustments following a stock split by Bank Alfalah Limited… Read More
Bank of Punjab and Office of AI Partner to Accelerate Digital Growth in Punjab
Under the Digital Punjab vision of Chief Minister Punjab Maryam Nawaz Sharif, new avenues of development are being paved through… Read More
Faysal Bank Achieves AA+ Rating from PACRA
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long term entity rating of ‘AA+… Read More
U Microfinance Bank Accelerates Digital Transformation with Temenos & Systems Limited
U Microfinance Bank (U Bank), a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL)-e& Group, has successfully gone live… Read More
War Stops Overseas Pakistanis From Sending More Money Home As Remittances Fall
Pakistan received $3.8 billion in overseas workers’ remittances in March 2026, showing a 5 percent year-on-year (YoY) decrease compared with… Read More
KIBOR Rates Decline Across-the-Board After War News ‘Calms’ Market
Pakistan’s money markets witnessed a sharp turnaround on Wednesday as the Karachi Interbank Offered Rate (KIBOR) declined across all tenors… Read More
Faysal Bank Launches Pakistan’s First Mobile Tap to Cash Service
Faysal Bank Limited (FBL) has launched Pakistan’s first-ever Mobile Tap and Withdraw service, enabling its customers to withdraw cash from… Read More
SBP Cuts Processing Time to Let Freelancers Get Paid in One Day
The State Bank of Pakistan (SBP) has rolled out a comprehensive set of measures aimed at simplifying processes for IT… Read More
SBP’s Next Big Decision Could Be a Rate Hike Unless IMF Deposit Arrives in Time
Multiple credible sources and central bank communiqués suggest that the State Bank of Pakistan (SBP) is preparing to sharply raise… Read More
SBP to Lose Nearly One-Third of Its US Dollar Reserves This Month
Pakistan’s external financing pressure is set to intensify in April 2026 as the country faces a massive foreign debt repayment… Read More
Should Pakistan Dump Dollar for Gold? Trump’s Iran War Could Kill US Economy
The State Bank of Pakistan (SBP) needs to urgently reassess its foreign reserves strategy by increasing gold holdings as global… Read More
Why Are Banks So Afraid of Issuing Corporate Credit Cards in Pakistan?
Pakistan’s banking sector is rapidly moving toward digitalization but accessing basic services like obtaining corporate credit cards is unfairly difficult.… Read More
