SBP reduces Special Cash Reserve Account (US$) rate to 2.69% for January 2026
The State Bank of Pakistan has lowered the remuneration rate on the Special Cash Reserve Account (US$) to 2.69% for January 2026, reflecting alignment with international benchmark rates under the SOFR-linked framework.
JazzCash reaches 57 million customers, drives cashless payments growth in Pakistan
JazzCash has surpassed 57 million customers, processing over PKR 15 trillion in transactions as QR-based payments, Raast integration and digital financial services accelerate Pakistan’s shift toward a cashless economy.
Bank of Punjab launches Pakistan Skills Impact Bond, Rs 1bn impact finance initiative
The Bank of Punjab, in collaboration with British Asian Trust, has launched Pakistan’s first Skills Impact Bond, a Rs1 billion government-backed initiative using results-based financing to support youth employment and skills development.
Pakistan Banks Association Unveils New Executive Committee for 2025–2027
Pakistan Banks Association has announced its new Executive Committee for 2025–2027, led by Zafar Masud, focusing on inclusive leadership, innovation and collaboration across the banking sector.
Board of Investment vows stronger investor facilitation as Pakistan advances regulatory reforms
Pakistan’s Board of Investment says regulatory reforms, Special Economic Zones and one-window facilitation are strengthening the investment climate, with the government targeting long-term domestic and foreign investment.
LCCI president says 2025 brought stability but structural issues still weigh on Pakistan’s economy
LCCI President Faheemur Rehman Saigol says Pakistan saw gradual economic stability in 2025, but warns that high energy costs, trade deficit and weak investment continue to limit sustainable growth.
SBP launches Pakistan Financial Inclusion Index, inclusion level reaches 58.1 in 2024
The State Bank of Pakistan has introduced the Pakistan Financial Inclusion Index (P-FII), revealing an overall inclusion score of 58.1 in 2024 and strengthening evidence-based policymaking under NFIS 2024–28.
Dynamic Solutions Pakistan Introduces DirectPay Platform to Enhance Digital Payments Across Industries
Dynamic Solutions Pakistan has launched DirectPay, a secure and innovative digital payments platform offering bill payments, QR payments, IPG, API integration, and custom app development to streamline transactions across multiple sectors.
Pakistan Traders Threaten Shutdown, Protest Mandatory POS System Policy
Traders in Islamabad have warned of road blockades and a possible nationwide shutdown if the government does not withdraw the mandatory POS system policy, citing rising costs, harassment, and challenges for small businesses.
Jubilee Life Partners with Karachi United to Promote School-Level Football and Youth Development
Jubilee Life Insurance signs on as Title Sponsor of the 21st Karachi United School Championship, supporting youth football, healthy lifestyles, and structured sports development across Pakistan.