World Bank Extends PRIDE Project in Punjab to June 2026 for Key Fiscal and Digital Reforms
The World Bank has extended the Punjab PRIDE project to June 2026, allowing more time for fiscal reforms, digital governance initiatives, and disaster risk financing strategies in Punjab.
SBP Officials Linked to Multi-Million New Currency Notes Scandal in Pakistan
A major scandal has emerged within the State Bank of Pakistan as officials are accused of diverting fresh currency notes into the black market, creating artificial scarcity and undermining public trust.
Pakistani Fintech Leader Nameer Khan Awarded Honorary Professorship at Edinburgh Business School
Pakistani-origin fintech leader Nameer Khan has been awarded Honorary Professorship at Edinburgh Business School, Heriot-Watt University, recognizing his global leadership in fintech and sustainability.
Telemart and JingleCred Partner to Launch Smartphone Financing for Masses in Pakistan
Telemart partners with JingleCred to offer smartphone financing in Pakistan through CNIC-based installment plans, unlocking access to digital services and financial inclusion for millions.
SBP Injects Rs12.34 Trillion into Market to Sustain Liquidity
The State Bank of Pakistan injected Rs12.34 trillion into the financial system through reverse repo purchases and Shariah-compliant open market operations, underscoring efforts to stabilize liquidity and maintain smooth market functioning.
KSE-100 Banks Record Historic $1.16 Billion Profit in First Half of 2025
Banks listed on Pakistan’s KSE-100 Index posted their highest-ever half-year profit of $1.16 billion in 1HCY25, driven by strong net interest income, deposit growth, and record-breaking performance on the capital markets.
Pakistan Enters FY26 with Strengthened Economy, Improved Fiscal and External Position
Pakistan has started FY2025-26 with renewed economic confidence, backed by improved fiscal discipline, a narrowing current account deficit, strong remittances, and promising export performance.
Sindh Chief Justice Calls for Legal Amendments to Address Virtual Assets and Cryptocurrency Cases
Sindh High Court Chief Justice Muhammad Junaid Ghaffar has emphasized the urgent need for legislative amendments to effectively handle cases related to cryptocurrencies and virtual assets in Pakistan, citing gaps in existing laws and regulatory uncertainties.
Emigration Surges While Social Safety Nets Strengthen in Pakistan
Pakistan recorded a 23.9% rise in registered emigrant workers in July 2025, while social protection programs including BISP and interest-free loans expanded significantly, highlighting the dual trends of rising overseas employment and stronger domestic welfare support.
Bank of Punjab Posts 278% Surge in Operating Profit for 1H 2025, Announces First-Ever 10% Cash Dividend
The Bank of Punjab (BOP) reported record-breaking results for the first half of 2025 with a 278% growth in operating profit, doubling pre-tax earnings, and announcing its first-ever 10% interim cash dividend, while expanding its role in financial inclusion and government-backed initiatives.