SBP Directs Banks to Remain Open on January 31 for Government Tax Payments
The State Bank of Pakistan has instructed all commercial banks to remain open on January 31 to support government tax and duty collection, ensuring uninterrupted OTC and digital payment services nationwide.
NIBAF Pakistan Islamic Banking Training Program Enhances Shariah Knowledge and Skills
NIBAF Pakistan organized a 5-day Islamic Banking Professional Development Program (IBPD-37) from January 19–23, 2026, equipping banking professionals with practical insights into Shariah-compliant banking operations, products, and governance.
Bank Alfalah Names Shahid Noor Gondal Senior Vice President Regional Business Head
Bank Alfalah Limited has appointed Shahid Noor Gondal as Senior Vice President and Regional Business Head, reinforcing its leadership structure to support regional growth and banking operations across Pakistan.
NIBAF Pakistan completes Module-2 of Islamic Banking Certificate Course IBCC-76
NIBAF Pakistan successfully conducts Module-2 of IBCC-76 in Karachi, strengthening professional capacity in Islamic banking through structured training and regulatory insights.
Banks Extend Working Hours Until 10pm on December 31 for Tax and Duty Payments
Commercial banks across Pakistan will remain open until 10pm on December 31, 2025, to facilitate over-the-counter payment of government taxes and duties, with special clearing arrangements in place.
Saudi National Bank Receives Offer from Najd Gateway to Divest Majority Stake in Samba Bank Pakistan
The Saudi National Bank has received a non-binding offer from Najd Gateway Holding Company to acquire its entire 84.51% stake in Samba Bank Pakistan, highlighting potential changes in ownership within the country’s banking sector.
Over 20,000 Women Entrepreneurs Secure Rs24 Billion in Financing as SBP Expands Inclusion Initiatives
The State Bank of Pakistan reports that more than 20,000 women-led businesses received over Rs24 billion in financing during the past year, reflecting strengthened national efforts to expand financial inclusion and support women’s economic participation.
NIBAF Pakistan Hosts Online Training on Banking Conduct Risk Management to Strengthen Compliance and Customer Protection
NIBAF Pakistan successfully conducted a one-day online training on Banking Conduct Risk Management, enhancing officers’ knowledge on regulatory expectations, conduct risk frameworks, and customer-centric banking practices.
Pakistani Banks Face Rs1 Trillion Deposit Withdrawals in Just Two Months
Pakistan’s banking sector saw withdrawals exceeding Rs1 trillion in July and August 2025, as depositors shifted funds amid falling interest rates and stricter tax enforcement. Experts warn the trend could pressure liquidity and lending capacity across the financial system.
NIBAF Strengthens Reporting on Chart of Account Returns with IFRS-9 Focused Training
NIBAF Pakistan hosted a training on August 22, 2025, to enhance reporting on Chart of Account Returns in light of IFRS-9, led by SBP Deputy Director Hassam ul Haque, with participation from officers of commercial banks.