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.
Pakistan Achieves Remarkable Fiscal Consolidation with Deficit Dropping to 0.1 Percent of GDP
Pakistan’s fiscal deficit narrowed significantly to 0.1 percent of GDP during Jul-Feb FY2026, supported by a 10.1 percent surge in net federal revenue and reduced markups.
Pakistan CPI Inflation Rises to 7.3 Percent in March 2026 as Energy Costs Climb
Pakistan’s CPI inflation hit 7.3% in March 2026, driven by a surge in transport and housing costs, while perishable food prices saw a notable decline.
Bank of England Pauses Interest Rates at 3.75% as Middle East Conflict Disrupts Inflation Outlook
The Bank of England has opted to hold interest rates at 3.75% following a geopolitical shock in the Middle East, citing concerns that inflation could spike to 3.5% this summer.
Pakistan Banks Association Unveils New Executive Committee for 2025–2027
Pakistan Banks Association has announced its new Executive Committee for 2025–2027, led by Zafar Masud, focusing on inclusive leadership, innovation and collaboration across the banking sector.
Pakistan Business Confidence Doubles in Six Months – OICCI Reports Sharp Rise in Investor Sentiment
OICCI’s latest survey shows Pakistan’s business confidence index doubled in six months, with strong gains across services, retail, manufacturing, foreign investment, and AI adoption.
NCPS 2025 Survey: Corruption Remains Top Concern for Pakistanis, Institutional Reforms Urged
NCPS 2025 by Transparency International Pakistan reveals corruption as a top public concern, highlighting trust issues, institutional performance, and strong demand for accountability reforms.
Pakistan Receives $1.3bn IMF Loan Under EFF and RSF, Markets React Positively
Pakistan secures $1.3 billion IMF financing under the EFF and RSF, boosting forex reserves, supporting economic stability, and lifting market sentiment at the PSX.