Islamic Banking Certificate Course (IBCC-77) Module 1 Conducted at NIBAF Islamabad
NIBAF Pakistan successfully conducted Module 1 of the Islamic Banking Certificate Course (IBCC-77), providing participants with foundational knowledge of Shariah-compliant banking principles, governance, and operational frameworks.
State Bank of Pakistan Launches Climate Stress Testing Guidelines for Banks and Financial Institutions
The State Bank of Pakistan has issued new climate stress testing guidelines requiring banks and financial institutions to integrate climate-related risk scenarios into their risk management frameworks. Implementation will be phased through 2029 to enhance financial sector resilience.
SBP Mandates Climate Risk Management Framework for Banks in Pakistan
The State Bank of Pakistan has issued a new regulatory framework requiring banks, DFIs, and microfinance banks to integrate climate-related financial risks into governance, strategy, and risk management systems, with full compliance due by 2029.
NIBAF Strengthens Compliance Knowledge with Training on SBP Regulations for Commercial Remittances
NIBAF Pakistan conducted a focused training session on SBP Regulations for Commercial Remittances on October 21, 2025, in Karachi. Led by Mr. Ejaz Ahmed Qadri, the program enhanced participants’ understanding of regulatory frameworks, compliance standards, and best practices for cross-border transactions.
Pakistan Sells First Women Bank to UAE-Based IHC for $14.6 Million Under G2G Deal
Pakistan has sold its entire stake in First Women Bank Limited to UAE-based International Holding Company for $14.6 million, marking the first privatisation under the Shehbaz Sharif government. The deal, executed under the IGCT framework, gives the buyer strategic access to the banking sector with plans for rapid expansion.
Pakistan to Privatise 82% Stake in First Women Bank as UAE Firm Secures Majority Ownership
Pakistan is set to privatise its 82.64% stake in First Women Bank Limited through a G2G deal with a UAE-based firm, marking a significant step in the country’s privatisation programme aimed at revitalising state-owned institutions and attracting foreign investment.
SBP sets new $200 limit for remittance rebates under revised incentive scheme starting July 2025
The State Bank of Pakistan has revised its rebate scheme for financial institutions handling home remittances, setting a new minimum transaction size of $200 with a flat SAR 20 rebate, aiming to strengthen formal remittance flows and compliance from July 2025.
NIBAF Hosts AML/CFT-KYC Regulatory Compliance Training for Banking Professionals in Karachi
NIBAF Pakistan organized a face-to-face training session on AML/CFT-KYC regulatory compliance at its Karachi campus on June 26, 2025, led by Kamran Hyder and attended by officers from various commercial banks.