SBP Updates Foreign Exchange Exposure Limit to Enhance Market Flexibility
The State Bank of Pakistan has revised the foreign exchange exposure limit for banks, aligning it with Tier-1 capital to provide improved flexibility and risk sensitivity in FX market operations.
Pakistan and Kyrgyzstan Join Hands to Advance Cryptocurrency, Blockchain, and Digital Finance Cooperation
Pakistan and Kyrgyzstan have agreed to strengthen cooperation in cryptocurrency, blockchain technology, and digital finance through regulatory alignment, tech exchange, and regional collaboration.
FBR Hits Rs. 748 Billion Tax Collection Target in July 2025, Kickstarting FY26 on Strong Note
FBR achieves its Rs. 748 billion tax collection target for July 2025, driven by structural reforms, new budget measures, and improved enforcement, setting the tone for FY26’s ambitious revenue goals.
Pakistan’s Policy Rate Remains Region’s Highest, Raising Concerns Among Business Community
Pakistan’s policy rate remains the highest in South Asia at 11 percent, triggering concern among exporters and industrialists who warn of lost competitiveness, while the SBP defends its stance as necessary for economic stability.
SBP Directs Banks to Submit Robust Recovery Plans to Safeguard Financial Stability and Prevent Failures
The State Bank of Pakistan has mandated all commercial banks to develop detailed recovery plans to manage financial stress, meet regulatory expectations, and ensure institutional stability under a new regulatory framework aligned with global standards.
SBP Injects Over Rs13 Trillion into Banking System via Dual OMO Operations to Address Liquidity Needs
The State Bank of Pakistan injects over Rs13.32 trillion into the financial system through conventional and Shariah-compliant OMO transactions to address short-term liquidity requirements in the banking sector.
Bank Makramah Concludes Sale of Iconic Cullinan Tower in Clifton Karachi
Bank Makramah Limited has finalized the sale of Cullinan Tower in Clifton, Karachi, following Board approval and execution of the Sale Purchase Agreement, marking a major strategic asset divestment.
State Bank of Pakistan Rolls Out Recovery Planning Framework to Strengthen Banking Sector Resilience
SBP introduces a regulatory framework on recovery planning to ensure banks in Pakistan are prepared for financial distress, aligning practices with global standards and reinforcing banking sector resilience.
GIKI and HBL Join Forces to Drive Innovation, Future Talent, and Sustainable Development in Pakistan
GIKI and HBL have embarked on a strategic collaboration to accelerate innovation, bridge the industry-academia skill gap, and invest in sustainable development, focusing on future-ready technologies like EVs, blockchain, and cybersecurity.