JazzCash and KTrade Securities Partner to Enable Real-Time Stock Trading Through Mobile Wallets
JazzCash and KTrade Securities partner to launch real-time stock trading within the JazzCash app, allowing users to invest directly in PSX-listed stocks and promoting financial inclusion through digital innovation.
SBP Governor’s Annual Report Highlights Economic Stability, Flags Global and Domestic Risks
The SBP Governor’s Annual Report 2024–25 highlights improved economic stability, lower inflation, and a current account surplus for the first time in 14 years. It warns of global trade shifts, geopolitical tensions, and domestic risks, emphasizing the need for structural reforms and vigilant policymaking.
Mobilink Bank and RCCI join hands to strengthen women-led businesses through financial literacy and digital banking
Mobilink Bank has signed an MoU with RCCI to support 2,000 women entrepreneurs through financial literacy training, digital banking solutions, and inclusive incubation programs, strengthening Pakistan’s women-led SME ecosystem.
Faysal Bank and EFU Life Launch Innovative Takaful Plans to Enhance Financial Inclusion and Wellness
Faysal Bank and EFU Life have launched two new Takaful products designed to integrate financial protection with wellness and long-term prosperity, marking a new milestone in Shariah-compliant financial solutions in Pakistan.
9th Annual Microfinance Conference 2025 highlights mission focus and disaster resilience in financial inclusion
The 9th Annual Microfinance Conference 2025 brought together leaders to address mission drift, disaster resilience, and the future of inclusive finance in Pakistan, with thought-provoking sessions led by Aameer Karachiwalla and Aftab Alam.
BOP joins hands with Al Jazira Exchange UAE to enhance global remittance network for overseas Pakistanis
The Bank of Punjab strengthens its international remittance network through a new partnership with Al Jazira Exchange UAE, ensuring faster and more secure money transfers for overseas Pakistanis.
Askari Bank honored with ESG Excellence Award in Sustainable Finance at ESG Summit 2025
Askari Bank has won the ESG Excellence Award in the Sustainable Finance category at the ESG Summit 2025, recognizing its green banking initiatives, ESG disclosures, and early adoption of SBP ESRM Guidelines.
Pakistan’s Bank Deposits-to-GDP Ratio Drops to Lowest Level Among Peers: SBP
Pakistan’s deposits-to-GDP ratio has dropped to its lowest among peer economies despite record financial inclusion, according to SBP. Weak deposit growth, inflation, taxation, and religious factors are driving savers toward alternative assets, raising concerns about long-term investment financing and financial stability.
Debt Burden, Weak Productivity and Climate Risks Weigh Heavily on Pakistan’s Economic Outlook
The State Bank of Pakistan’s latest report highlights how debt, low savings, weak productivity, and climate shocks are undermining economic stability. With a fragile growth outlook, the central bank urges structural reforms, financial inclusion, and human capital development to sustain long-term economic resilience.
Barq PK Secures SBP’s In-Principle Approval to Launch EMI Wallet in Pakistan
Barq PK has secured In-Principle Approval from the State Bank of Pakistan to establish an EMI Wallet, marking a significant milestone in advancing digital financial inclusion and accelerating the country’s transition toward a cashless economy.