SBP Allows Mobilink Bank to Begin Due Diligence on Apna Microfinance Bank
The State Bank of Pakistan has permitted Mobilink Bank to conduct due diligence on Apna Microfinance Bank, marking an early regulatory step toward a potential merger under the Banking Companies Ordinance.
SBP Begins Implementation of WE-Finance Code to Strengthen Women Entrepreneurship in Pakistan
The State Bank of Pakistan launches the implementation of the WE-Finance Code, bringing banks and stakeholders together to improve access to finance for women entrepreneurs nationwide.
SBP Elevates SM Suhail & Co to Category B on Its Approved Panel of Auditors
The State Bank of Pakistan has upgraded SM Suhail & Co, Chartered Accountants, from Category C to Category B on its Panel of Auditors, expanding the firm’s eligibility to undertake audit assignments for banks and financial institutions.
NIBAF Pakistan hosts ToT on banking conduct and consumer protection for SBP-BSC
NIBAF Pakistan conducts a face-to-face Training of Trainers on banking conduct and consumer protection to strengthen ethical banking practices and institutional capacity.
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.
SBP Allows Banks to Increase Directors’ Board Meeting Fees by Up to 50 Percent
The State Bank of Pakistan has revised corporate governance rules, allowing commercial banks to raise board meeting fees by up to 50 percent, with higher caps linked to asset size and profitability.
IMF Raises Red Flags Over Governance Gaps in Pakistan’s Financial Sector Amid 2028 Islamic Banking Shift
An IMF governance diagnostic warns that while Pakistan’s financial sector shows resilience, governance weaknesses, institutional gaps, and the upcoming shift to a fully Islamic banking system by 2028 pose significant risks to long-term financial stability.
NIBAF Hosts Basel III and Problem Bank Management Training for SBOTS-27 Officers
NIBAF Pakistan hosted a two-day training for SBOTS-27 officers on Basel III standards and problem bank management, led by Syed Jahangir Shah, to strengthen regulatory expertise and financial stability oversight in Pakistan’s banking sector.
NIBAF Organizes SBP Fraud Risk Management Training for Regional Banking Staff in Multan
NIBAF conducted a one-day training in Multan on SBP Fraud Risk Management, led by risk expert Syed Taqqi Shah, to enhance regional banking compliance and fraud mitigation strategies.
NIBAF Advances Islamic Banking Expertise with IFPOP-2 Program in Lahore
NIBAF conducted Day 3 of the Islamic Banking Program IFPOP-2 in Lahore, led by Mufti Uzair Usmani, to strengthen the expertise of regional and general managers in Shariah-compliant banking practices.