UBL Reports Record Profit of Rs 18.3 Billion in 3Q2024, Reflecting Strong Growth Momentum
Karachi, October 23, 2024 – United Bank Limited (UBL) has reported its highest-ever quarterly earnings, posting an impressive profit of…
Mobilink Bank Leads SBP’s Banking on Equality Scorecard for Second Consecutive Year
Mobilink Bank has once again achieved top honors on the State Bank of Pakistan’s (SBP) Women Friendliness Grid, scoring an…
Pakistan Expands Social Safety Nets to Support Vulnerable Populations in 2024
In an ongoing effort to support the most vulnerable segments of society, Pakistan has continued to strengthen its social safety…
Pakistan Embarks on Ambitious Journey Towards Interest-Free Banking by 2028
Pakistan is on the verge of a monumental shift in its financial landscape with the passage of the 26th Constitutional…
Pakistan’s Monetary Conditions Support Inflation Control as Stock Market Maintains Bullish Trend in FY2025
The monetary environment in Pakistan during the first quarter of FY2025 (1 July – 30 September) has shown favorable conditions…
SBP’s Governor’s Annual Report 2024 Highlights Economic Stabilization, Financial Sector Resilience, and Digital Transformation
The State Bank of Pakistan (SBP) recently released the Governor’s Annual Report (GAR) for FY2023-24, offering an in-depth analysis of…
Raast Instant Payment System Achieves Milestone with Rs. 20 Trillion in Transactions
In a significant advancement for Pakistan’s digital economy, the State Bank of Pakistan (SBP) announced on Thursday that Raast, the…
SBP’s Annual Report 2024: Macroeconomic Stability and Growth Prospects for Pakistan
The State Bank of Pakistan (SBP) released its Annual Report on the State of Pakistan’s Economy for the fiscal year…
Government Repays Rs. 92 Billion Loan to Local Banks for Financial Management
In a significant move reflecting improved liquidity management, the federal government of Pakistan has repaid over Rs. 92 billion to…
IMF Urges Pakistan to Allocate 1% of GDP for Climate Resilience
In a timely advisory, the International Monetary Fund (IMF) has recommended that Pakistan allocate one percent of its Gross Domestic…