Standard Chartered Pakistan Profit Falls 29% to Rs11.78 Billion in 1HCY26
Standard Chartered Bank Pakistan reports a 29% decline in first-half 2026 profit to Rs11.78 billion, while net mark-up income falls 19% year-on-year.
Abdul Wahid Sethi Appointed Acting President and CEO of NBP
Abdul Wahid Sethi has been appointed Acting President and CEO of National Bank of Pakistan for three months or until a permanent chief executive is appointed.
SBP Designates UBL, HBL and NBP as Domestic Systemically Important Banks for 2026
SBP designates UBL, HBL and NBP as D-SIBs for 2026, requiring additional CET-1 capital buffers of 2.5%, 1.5% and 1% respectively from March 2027.
PSX to Remain Closed on August 26 for Eid Milad-un-Nabi
Pakistan Stock Exchange will remain closed on August 26, 2026, for Eid Milad-un-Nabi, suspending trading, clearing and settlement activities for the day.
Pakistan Opens Virtual Asset Licensing Portal for VASPs With September 5 Deadline
PVARA opens Pakistan’s virtual asset licensing portal with 10 licence categories and sets September 5, 2026 as the deadline for existing VASPs to apply.
SBP Aligns Banking Regulations With Shariah Principles Under Vision 2028
State Bank of Pakistan introduces Shariah-compliant terminology across banking regulations and the Foreign Exchange Manual under SBP Vision 2028.
Shariah-Compliant Equities Reach 65% of PSX Market Capitalization
Shariah-compliant equities represent 65% of PSX market capitalization at Rs13.2 trillion, while Islamic mutual fund assets reach Rs2.2 trillion, SECP says.
Rehmat Ali Hasnie Concludes Tenure as NBP President and CEO
Rehmat Ali Hasnie’s tenure as National Bank of Pakistan President and CEO concludes after a two-week government extension, completing the leadership transition.
Pakistan Debt-to-GDP Ratio Estimated at 68.5% by June 2026
Pakistan’s debt-to-GDP ratio was estimated at 68.5% by June 2026, with central government debt reaching Rs77.9 trillion during the first 11 months of FY2025-26.
Saudi Arabia Places Additional $3 Billion With SBP in April 2026
Saudi Arabia placed an additional $3 billion with the State Bank of Pakistan in April, taking its deposits to $8 billion, Finance Minister Aurangzeb told the National Assembly.