SBP Implements New Restrictions on Cash Dollar Transactions as Pakistan Shifts Further Toward Cashless Currency Flows
The State Bank of Pakistan introduces major restrictions on cash dollar transactions, mandating account-to-account transfers for foreign currency deposits and tightening documentation requirements for individual buyers.
Pakistan Auto Show 2025 Opens with Bold Call for “Made-in-Pakistan” Vehicles to Compete Globally
Pakistan Auto Show 2025 begins with over 170 exhibitors as the Engineering Development Board calls for locally manufactured vehicles to expand into international markets, signaling a push toward strengthening the country’s automotive ecosystem.
HABIBMETRO wins Pakistan Supply Chain Innovation of the Year Award at Asian Innovation Excellence Awards 2025
HABIBMETRO has received the Pakistan Supply Chain Innovation of the Year – Financial Services Award at the Asian Innovation Excellence Awards 2025 in Singapore, recognizing its commitment to digital transformation and innovation within the country’s financial sector.
Ismail Industries goes live on FBR’s digital invoicing system through Haball’s Wasl platform
Ismail Industries Limited has successfully transitioned to the Federal Board of Revenue’s digital invoicing system using Haball’s Wasl platform, advancing corporate digital compliance and automation across Pakistan.
Neem expands into retail with DigiKhata partnership to accelerate SME payouts in Pakistan
Neem has partnered with DigiKhata to introduce instant and secure payout capabilities for SMEs in Pakistan, integrating its wallet and ledger infrastructure into DigiKhata’s platform while setting the stage for future embedded lending solutions.
SBP Mandates Account-to-Account Transfers for FCY Deposits to Strengthen Traceability and Cashless Banking
The State Bank of Pakistan introduces mandatory account-to-account transfers for foreign currency deposits, aiming to strengthen traceability, enhance AML controls, reduce cash handling, and promote a cashless financial ecosystem across Pakistan.
Bilal Kazmi Joins U Microfinance Bank as Head of Talent Development and Digital Transformation Capability
U Microfinance Bank appoints Bilal Kazmi as Head of Talent Development and Digital Transformation Capability, leveraging his 15-year HR leadership background to drive organizational growth, digital readiness, and workforce innovation.
SBP Governor Charts Digital and Inclusive Future at 10th Pakistan Banking Awards
Coverage of the 10th Pakistan Banking Awards in Karachi, where the SBP Governor outlined the transformation roadmap for Pakistan’s banking sector with a focus on digitalization, AI-driven risk models, climate finance, and SME inclusion.
SECP Rolls Out Major Reforms to Boost Fintech Lending and Financial Inclusion in Pakistan
SECP announces major reforms in NBFC regulations to boost fintech lending, expand financial inclusion, strengthen consumer protection, and enhance governance and transparency in Pakistan’s digital finance ecosystem.
Ali Jawahir Rizvi Appointed Chief Compliance Officer & Head of Financial Crime Risk Governance at Standard Chartered Bank Pakistan
Standard Chartered Bank Pakistan has appointed Ali Jawahir Rizvi as its new Chief Compliance Officer and Head of Financial Crime Risk Governance. With extensive expertise in regulatory compliance and risk management, Rizvi will enhance the bank’s commitment to transparency, ethical standards, and robust financial crime risk governance.