Pakistan Stock Exchange Nears 160,000 Milestone Amid IMF Review and Power Sector Reforms
The Pakistan Stock Exchange closed near the 160,000 milestone as investors cheered IMF’s ongoing review and government reforms, including a Rs1.2 trillion power sector refinancing deal. Energy and financial stocks drove the rally, setting the stage for record highs.
Monetary Conditions Ease as Policy Rate Holds; PSX Sustains Bullish Momentum
Pakistan’s monetary conditions eased as the State Bank maintained the policy rate at 11 percent, while the Pakistan Stock Exchange continued its bullish rally in August 2025.
JS Bank Appoints Ahsan Jamal as Chief Digital Officer
JS Bank has appointed Ahsan Jamal as Chief Digital Officer to lead its digital transformation. With experience in banking, payments, and fintech, he will focus on driving innovation, partnerships, and improved customer experiences.
Future Banking Summit 2025 Highlights Smarter Technology Driving Industry Transformation
The Future Banking Summit 2025 concluded successfully, showcasing how smarter technology is accelerating the transformation of the financial sector. Organized by TOTAL Communications, the summit brought together banking leaders, innovators, and partners to highlight the role of collaboration and innovation in shaping the future of banking.
Pakistan’s Foreign Exchange Reserves Rise to $19.79 Billion, SBP Holdings Touch $14.38 Billion
Pakistan’s foreign exchange reserves reached $19.79 billion as of September 19, 2025, with SBP holdings rising by $22 million to $14.38 billion. Commercial banks reported $5.41 billion, reflecting steady external liquidity amid IMF program review.
PSX and SECP Partner to Strengthen Regulatory Oversight with Advanced Surveillance System
The Pakistan Stock Exchange and SECP have signed an MoU granting SECP direct access to PSX’s advanced surveillance system. The move enhances real-time monitoring of market activity, strengthens regulatory oversight, and aligns Pakistan’s capital markets with global standards.
BOP and Mastercard Collaborate to Provide Instant Credit and Cashless Payments for Farmers and MSMEs
Bank of Punjab and Mastercard have partnered to provide instant credit and cashless payment solutions for farmers and MSMEs. The initiative aims to enhance financial inclusion, promote digital transactions, and support Pakistan’s economic growth by enabling secure and efficient digital payments.
NADRA Technologies Joins 1LINK Affiliate Program to Enhance Cash-In Services with HBL as Settlement Bank
NADRA Technologies Limited has joined the 1LINK Affiliate Program for Cash-in Service with HBL as the settlement bank. The collaboration will integrate NTL’s e-Sahulat centers with 1LINK’s payment network, offering faster and safer cash-in services to customers and advancing Pakistan’s financial inclusion goals.
Govt Approves Rs3.5 Billion Subsidy to Drive Raast QR Payments and Cashless Economy
The federal government has approved a Rs3.5 billion subsidy to accelerate Raast QR payments under the Prime Minister’s Cashless Economy program. The scheme, managed by the SBP, incentivizes financial institutions to expand merchant onboarding and boost Person-to-Merchant transactions between September 2025 and June 2026.
Pakistan Secures Rs1.2 Trillion Bank Financing Deal to Tackle Circular Debt Crisis
Pakistan’s banking industry has finalized a record Rs1.225 trillion financing and restructuring deal to address circular debt, the largest transaction in the nation’s history. The agreement with 18 banks restructures loans and clears overdue payments, aiming to restore fiscal discipline, ease the energy sector burden, and inject liquidity into priority sectors.