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
Pakistan to Repay $2 Billion Loan to UAE After Withdrawal Demand
Pakistan will repay $2 billion to the United Arab Emirates (UAE) by the end of April, officials told ProPakistani on… Read More
SBP Reserves Gain $6 Million in One Week
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $6 million in the week that ended… Read More
SECP Partners with Banks, Fintech to Instantly Open Corporate Accounts in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has signed Memoranda of Understanding (MoUs) with Askari Bank Limited and NayaPay… Read More
SBP Announces Independent Bank Accounts for Teenagers
The State Bank of Pakistan (SBP) has introduced a nationwide regulatory framework allowing teenagers to independently open and operate bank… Read More
Telcos and Banks Finally Explain Why They Charge Rs. 300 for Just SMS Notifications
Members of the Senate Standing Committee on Finance on Monday grilled banking and telecom officials on why their customers were… Read More
