Pakistan’s leading digital microfinance bank, Mobilink Bank has signed a crucial partnership with HBL Zarai Services Limited to advance agricultural… Read More
SBP Allows Exchange Firms to Book PKR/$ Rates in Advance to Increase Remittances
The State Bank of Pakistan (SBP) has allowed exchange companies to conduct short-term forward sale transactions against home remittance receipts… Read More
US Dollar’s Share of Global Reserves Slips to 26-Year Low As War Fears Rise Again
The US dollar is gradually losing ground in global financial reserves as central banks increasingly diversify away from the world’s… Read More
Gold Ends Week With Small Losses in Pakistan But Still Near Rs. 5 Lac per Tola
Gold prices in Pakistan posted a small decrease on Saturday in line with trends in international prices. The price of… Read More
Bank Alfalah’s Share Value Halved, Volume Doubled
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
