Pakistan Fiscal Deficit Falls to 2.6% of GDP as Growth Challenge Remains
Pakistan reduced its consolidated fiscal deficit to 2.6% of GDP in FY26, but high taxes, low development spending and weak private investment remain growth concerns.
Bank Makramah Approves Rs10 Billion Sponsor Investment
Bank Makramah’s Board has approved a Rs10 billion sponsor investment, with the amount to be recorded as an advance against share subscription pending regulatory and corporate approvals.
Agricultural Credit Rises 21.4% to Rs2.79 Trillion in FY26, SBP Data Shows
Pakistan’s agricultural credit disbursement increased 21.4% to Rs2.79 trillion during July-May FY26, while commercial bank borrowers nearly doubled.
Tasdeeq IPO Attracts Heavy Public Demand With 21.68x Oversubscription
Tasdeeq Information Services Limited’s IPO received applications for 812.907 million shares against an issue size of 37.5 million, resulting in 21.68x oversubscription.
SBP Governor Jameel Ahmad Says Reforms Key To Sustainable Economic Growth
SBP Governor Jameel Ahmad says price stability, policy reforms, digital payments and financial inclusion will remain central to Pakistan’s transition toward sustainable economic growth.
LOLC Microfinance Bank Surpasses PKR 20 Billion Loan Portfolio Milestone
LOLC Microfinance Bank Pakistan expands its gross loan portfolio to PKR 20 billion, driven by rapid branch expansion and digital transformation.
Faysal Bank Reappoints Yousaf Hussain as President and CEO for Three Year Term
Faysal Bank Limited board of directors approves the reappointment of Yousaf Hussain as CEO for another three years effective from August 2026.
Finance Minister Muhammad Aurangzeb Convenes High Level Meeting to Bolster Financial Sector Cybersecurity
Federal Minister Senator Muhammad Aurangzeb leads a strategic virtual session with bank CEOs to strengthen Pakistans cyber resilience against AI-driven financial threats.
State Bank of Pakistan Mops Up Rs198 Billion Through Open Market Operation to Stabilize Liquidity
The State Bank of Pakistan conducted a Repo Sale mop-up on April 22, 2026, absorbing Rs198 billion from the banking system to manage market liquidity and interest rates.
PACRA Upgrades Faysal Bank Long-Term Rating to AA+ Following Successful Islamic Transition
Faysal Bank Limited receives a long-term entity rating upgrade from PACRA to AA+ driven by strong digital growth, retail deposit surges, and Islamic banking leadership.