NIBAF Hosts Corporate Etiquettes Training for SBOTS-27 Under State Bank’s Professional Development Initiative
NIBAF, under the State Bank of Pakistan’s officer development program, organized a dedicated session on corporate etiquettes for SBOTS-27 participants, aimed at grooming young officers for professional excellence.
SBP Boosts Reserves to 39-Month Peak on Robust Inflows and Aggressive Dollar Buying
The State Bank of Pakistan has raised its foreign exchange reserves to their highest level in over three years, supported by record remittances, dollar purchases from the market, and tight control on imports, reinforcing stability signals to investors.
BankIslami Rejects Claims of Unusual Share Price Movement, Attributes Gains to Market Interest
BankIslami Pakistan Limited has dismissed speculation over unusual changes in its stock price and volume, stating recent movements are likely tied to general investor interest and market dynamics, not undisclosed developments.
ADB Flags Political Instability, Security Risks and External Shocks as Top Threats to Pakistan’s Economic Recovery
The Asian Development Bank has highlighted political uncertainty, security threats, and external shocks as serious obstacles to Pakistan’s economic recovery, urging structural reforms and stronger private sector engagement to secure sustainable growth.
SBP Warns Cutting Remittance Incentives Could Push Billions Back to Informal Channels
The State Bank of Pakistan has cautioned that reducing incentives under the Pakistan Remittance Initiative could divert critical inflows away from formal banking channels, threatening the country’s top source of foreign exchange.
UBL’s Profit Soars 106% to Rs65 Billion in First Half of 2025, Driven by Robust Interest Earnings
United Bank Limited (UBL) has posted a hefty 106% year-on-year rise in net profits to nearly Rs65 billion for the first half of 2025, supported by a strong surge in interest income and healthy payout to shareholders.
UBL Named Top Primary Dealer by SBP for FY25, Retains Role for FY26
United Bank Limited has been recognized as Pakistan’s top performing Primary Dealer for fiscal year 2024-25 by the State Bank of Pakistan, highlighting UBL’s leadership in government debt market operations and reinforcing its pivotal role in the country’s financial infrastructure.
SBP Announces New Lineup of Primary and Special Purpose Primary Dealers for FY26
The State Bank of Pakistan has finalized the selection of Primary Dealers and Special Purpose Primary Dealers for fiscal year 2025-26, reinforcing its framework for managing government securities and fostering robust capital markets.
NBP Partners with Jubilee Life to Introduce Shariah-Compliant Takaful and Savings Plans Across Pakistan
National Bank of Pakistan and Jubilee Life Insurance have joined hands to launch innovative Shariah-compliant and conventional insurance products, expanding healthcare and savings options to support financial security for Pakistanis nationwide.
ADB Backs Pakistan’s WE Finance Code to Boost Funding for Women Entrepreneurs
The Asian Development Bank has thrown its weight behind Pakistan’s new WE Finance Code, aiming to open doors for women-led businesses by expanding their access to finance.