Pakistan Banking Sector Profit Rises 4% to Rs332 Billion in 1HCY26
Pakistan’s 13 listed commercial banks posted Rs332 billion in net profit during 1HCY26, up 4% year-on-year despite higher interest and operating expenses.
LSE Capital Signs MoU to Sell Stake in Digital Custodian Company Limited
LSE Capital Limited has signed an MoU with an unlisted financial services company for the proposed disposal of its stake in Digital Custodian Company Limited, subject to regulatory approvals.
SECP Approves Shariah-Compliant Digital Financing of Up to Rs3 Million for Small Businesses
SECP has approved a Shariah-compliant digital financing facility allowing small businesses to access up to Rs3 million through the Shamil Kar Tajir app.
Pakistan’s Services Trade Deficit Reaches $286 Million in August as Imports Exceed Exports
Pakistan recorded a $286 million services trade deficit in August 2026, while services exports rose 28.8% year-on-year to $872 million, according to SBP data.
Pakistan’s Non-Life Insurance Market Nears $1 Billion as Digital and AI Opportunities Expand
TPL Insurance CEO Muhammad Aminuddin said Pakistan’s non-life insurance market is estimated at $1 billion, with digitalisation, artificial intelligence and emerging asset classes creating new opportunities.
SBP Rejects Reports of Rs10 Banknote Discontinuation and Exchange Deadline
State Bank of Pakistan has rejected social media reports about discontinuing the Rs10 banknote, saying no decision has been taken on replacing or withdrawing any denomination.
Pakistan Government Cuts Official Vehicle Fuel Quota by 50% for Three Months
The federal government has reduced fuel allocations for official vehicles by 50% for three months and introduced fresh austerity measures, including bans on vehicle purchases and foreign travel.
Muhammad Ali Calls for Pakistan to Move Beyond Stability Toward Generational Economic Growth
Adviser to the Prime Minister on Privatization Muhammad Ali has called for Pakistan to use economic stability as a base for long-term growth driven by investment, productivity, innovation and private capital.
Government Makes Petrol Subsidy Registration SMS Free for Eligible Vehicle Owners
The government has waived SMS charges for registration under the Prime Minister’s Fuel Subsidy Scheme for motorcycles, rickshaws and vehicles up to 800cc.
Faysal Bank Receives 2026 Employer of Choice Award for Family-Friendly Workplace
Faysal Bank has received the Employer of Choice Gender Diversity Award 2026 in the Family-Friendly Workplace category for its workplace diversity and inclusion efforts.