SECP Recovers Rs26 Million in Penalties, Intensifies Crackdown on Corporate Non-Compliance
The Securities and Exchange Commission of Pakistan (SECP) has recovered Rs26 million in penalties during FY 2024–25 and launched aggressive enforcement actions against illegal financial activities and corporate non-compliance.
SBP Reserves Dip Below $14.5 Billion Mark Amid Mild Weekly Outflow
The State Bank of Pakistan’s foreign exchange reserves declined by $69 million, falling below $14.5 billion, while total national reserves dipped slightly to $19.918 billion amid minor fluctuations in the banking sector’s holdings.
Bank Alfalah and Engro Fertilizers Roll Out PKR 250M Agri-Financing Program to Empower Pakistani Farmers
Bank Alfalah and Engro Fertilizers have partnered to launch a PKR 250 million financing program for farmers across Pakistan, offering subsidized loans through the UgAI platform and Engro Markaz outlets to drive digital inclusion and agricultural productivity.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.
Government Raises Rs424.4 Billion via T-Bills Auction Amid Falling Yields
The SBP raised Rs424.4 billion in its latest T-bills auction, surpassing the Rs361 billion target amid falling yields and shifting investor sentiment, reflecting a potential shift in monetary policy outlook.
SBP Launches Framework to Revive Sick Industrial Units and Restructure Debt
SBP unveils a 10-year framework to revive Pakistan’s sick industrial units, offering debt restructuring, principal concessions, and capacity restoration measures, while SECP pushes legal reforms to speed up corporate recoveries.
ADB Maintains Pakistan’s FY26 Growth Forecast at 3pc Amid Regional Trade Slowdown
ADB projects Pakistan’s economy to grow by 3% in FY26, maintaining its forecast despite regional trade pressures, while revising FY25 growth to 2.7% amid stronger industrial and services sector performance.
NIBAF and SJDA Join Forces to Launch National Banking Education Program
NIBAF and SJDA have signed an MoU to launch a one-month training program in Islamabad and Karachi, offering foundational education in conventional and Islamic banking and practical financial skills to promote inclusive economic growth.
NIBAF Conducts Islamic Banking Certification Training to Strengthen Shariah-Compliant Finance
NIBAF concluded Module 1 of the Islamic Banking Certificate Course (IBCC-73) from July 21–26, 2025, in Karachi, training SBP and commercial bank officers on core principles of Shariah-compliant finance and regulatory practices.
NIBAF Hosts Generative AI in Banking Training for SBP and Commercial Bank Officers
NIBAF Pakistan conducted a Generative AI training session on July 23, 2025, led by Noor Surani, engaging SBP and commercial bank officers to explore AI-driven innovations shaping the future of banking services.