Roshan Digital Account Inflows Reach $168 Million in September 2024
The Roshan Digital Accounts (RDA) initiative, aimed at facilitating overseas Pakistanis in making investments in their home country, has shown…
HBL Honored with ‘Best Conventional Bank of the Year Excellence Award’ by FPCCI
HBL has been recognized as the ‘Best Conventional Bank of the Year’ by the Federation of Pakistan Chambers of Commerce…
SBP’s Foreign Exchange Reserves Rise by $106 Million, Reaching $10.81 Billion
The State Bank of Pakistan (SBP) reported an increase of $106 million in its foreign exchange reserves, bringing the total…
Pakistani Banks Rush to Meet 50% ADR to Avoid Additional Taxation
In October 2024, several Pakistani banks have been making efforts to increase their Advances to Deposit Ratio (ADR) to at…
Sindh Bank to Launch Benazir Hari Cards for Farmers
KARACHI: The Sindh government has announced the issuance of Benazir Hari Cards to support farmers across the province, with the…
BOP and AFD Partner for Pakistan’s First Concessional Green Banking Facility
The Bank of Punjab (BOP) has achieved a significant milestone in climate finance by securing a long-term Foreign Currency (FCY)…
BOP and AFD Sign Historic USD 54.2 Million Green Banking Facility for Climate Projects in Pakistan
The Bank of Punjab (BOP) has taken a significant step toward advancing climate finance in Pakistan by arranging a long-term…
Pakistan’s Fiscal Sector Shows Resilience with Revenue Growth and Deficit Control in Early FY2025
Pakistan’s fiscal sector demonstrated notable resilience in the early months of FY2025, with federal revenue collections showing strong growth and…
Pakistan’s CPI Inflation Reaches 44-Month Low, Signaling Economic Stabilization
In a promising shift for Pakistan’s economy, the country’s Consumer Price Index (CPI) inflation dropped sharply in September 2024, reaching…
Pakistan’s Large-Scale Manufacturing Sector Bounces Back with Monthly Growth Surge Amid Economic Recovery
Pakistan’s Large-Scale Manufacturing (LSM) sector demonstrated notable resilience in August 2024, showing a strong 4.7% growth on a month-on-month (MoM)…