SBP Overhauls Pakistan’s Financial Framework: From Direct to Indirect Borrowing
The passage of the State Bank of Pakistan (SBP) Amendment Bill through the Senate on January 28, 2022, marked a…
Pakistan Loses $1.62 Billion from Internet Disruptions in 2024
Pakistan’s economy faced staggering losses of $1.62 billion in 2024 due to internet disruptions, as revealed in a report by…
PBA CEO Honors the Legacy of Arshad A. Zuberi, a Stalwart of Pakistan’s Financial Journalism
Muneer Kamal, CEO and Secretary General of the Pakistan Banks’ Association (PBA), has paid a heartfelt tribute to Arshad A.…
SANE Reports Operational Delays Amid Banking Disputes
Salman Noman Enterprises Ltd (PSX: SANE) is facing operational setbacks as it navigates ongoing legal disputes with its banking partners.…
SECP Introduces Comprehensive Framework for Mutual Fund Investment Plans
The Securities and Exchange Commission of Pakistan (SECP) has unveiled a robust regulatory framework aimed at enhancing the governance and…
AIIB Approves $500 Million Loan for N-5 Reconstruction in Pakistan
The Asian Infrastructure Investment Bank (AIIB) has committed a substantial $500 million loan for the reconstruction and expansion of Pakistan’s…
Pakistani Rupee Predicted to Maintain Stability Through FY2025
The Pakistani rupee is expected to remain stable throughout fiscal year 2025, supported by improving economic conditions and positive market…
Pakistan’s Banking Sector ADR Rises to 51.8% in December 2024
The banking sector in Pakistan has reported a notable improvement in its Advance-to-Deposit Ratio (ADR), which reached 51.8% by December…
SBP Injects Rs2.43 Trillion into Market via Reverse Repo and Shariah-Compliant OMO to Stabilize Liquidity
In a significant move to stabilize market liquidity, the State Bank of Pakistan (SBP) injected Rs2,429.65 billion into the financial…
US Regulator Clarifies Stance on Crypto Dealings for Banks
The Federal Deposit Insurance Corporation (FDIC) has clarified its position on banks’ involvement with cryptocurrency, revealing that while it advised…