SBP’s Final Deadline for National Prize Bond Redemption Approaches on December 31, 2024
The State Bank of Pakistan (SBP) has issued a reminder to the public that the final deadline for redeeming, encashing,…
IFC Partners with Leading Banks to Boost Local Tyre Production in Pakistan
International Finance Corporation (IFC), in collaboration with a consortium of local banks, including HBL, Meezan Bank, Bank Alfalah, and Habib…
SBP’s Q1 FY25 Review Highlights Growth in Digital Payments and Financial Inclusion
The State Bank of Pakistan (SBP) has unveiled its Quarterly Payment Systems Review for the first quarter of FY25, covering…
SBP Sets December 31 Deadline for National Prize Bond Redemption
The State Bank of Pakistan (SBP) has issued a reminder to the public that December 31, 2024, marks the final…
Monetary Policy Committee Reduces Policy Rate to 47.5% Amid Disinflation Trends
The Monetary Policy Committee (MPC) has decided to lower the policy rate the one-week repo auction rate from 50% to…
Alibaba.com Launches Trade Assurance Service in Pakistan to Strengthen SME Global Trade Confidence
Alibaba.com, the global leader in business-to-business (B2B) e-commerce, has introduced its Trade Assurance service in Pakistan, a move aimed at…
JS Investments Launches Lahore’s First Digital Wealth Centre for Innovative Wealth Management
JS Investments, a leading asset management company in Pakistan, has officially launched Lahore’s first Digital Wealth Centre, a groundbreaking initiative…
Silkbank Shareholders Approve Merger with United Bank Limited
In a major development in Pakistan’s banking sector, shareholders of Silkbank Limited have approved the amalgamation of the bank with…
SBP Injects Rs 575.8 Billion into Banking System via Reverse Repo Operation
The State Bank of Pakistan (SBP) has undertaken a significant liquidity management operation by injecting Rs 575.8 billion into the…
Pakistani Rupee Strengthens for Second Consecutive Day Against US Dollar and Major Currencies
The Pakistani rupee (PKR) continued its upward trajectory for the second consecutive day, closing in green against the US Dollar…