Pakistan Inflation Expected at 8-9 Percent as Macroeconomic Stability Firms Up
Pakistan’s inflation is projected to stay within the 8–9% range for April 2026, supported by narrowed fiscal deficits, industrial recovery, and strong remittances.
SBP Adjusts Remuneration Rate for Special Cash Reserve Account to 2.65 Percent for May 2026
The State Bank of Pakistan has revised the remuneration rate on US Dollar Special Cash Reserve Accounts to 2.65 percent for May 2026, aligning with SOFR benchmarks.
State Bank of Pakistan Injects Rs300 Billion via Open Market Operation to Stabilize Liquidity
The State Bank of Pakistan conducted an 8-day reverse repo OMO, injecting Rs300,000 million into the banking system at a rate of 10.56% to manage liquidity.
Mobilink Microfinance Bank Appoints Abdul Khaliq Khan as Head HR Business Partner
Mobilink Microfinance Bank Limited names Abdul Khaliq Khan as Head HR Business Partner to lead strategic human resources and foster inclusive workplace culture.
Al Meezan Investments Launches 6th Branch in Lahore at Davis Road
Al Meezan Investment Management Limited expands its Lahore footprint with a new branch on Davis Road, offering Shariah-compliant investment solutions.
PM Shehbaz Sharif Details Economic Impact of Middle East Conflict and New National Policies
Prime Minister Shehbaz Sharif highlights a surge in Pakistan’s oil bill to $800 million weekly amid regional tensions while approving new agriculture and health policies.
CBUAE Implements Strict Ban on Banking Services via WhatsApp and Messaging Apps
The Central Bank of the UAE has prohibited financial institutions from using instant messaging platforms like WhatsApp to protect customer data and prevent fraud.
United Bank Limited Becomes Pakistan’s Largest Bank with Rs 5.39 Trillion Deposits
United Bank Limited (UBL) secures the top spot in Pakistan’s banking sector, reaching record-breaking deposits of Rs 5.39 trillion through digital innovation.
Faysal Bank Limited Q1 2026 Results Non Funded Income Surge Balances Core Margin Contraction
Faysal Bank reports Rs5.33bn profit for Q1 2026 as massive gains on securities and non funded income offset a decline in net interest margins.
Pakistan Current Account Reaches Surplus as IT Exports and Remittances Hit Record Highs
Pakistan recorded a $1.1 billion current account surplus in March 2026, supported by a 19.8% surge in IT services exports and $30.3 billion in worker remittances.