Bank Alfalah Advances Financial Inclusion with Major Growth in Women Led Banking
Bank Alfalah reports significant progress in women’s financial inclusion for 2026, showcasing growth in female-led business financing and workforce diversity.
Pakistan Banking Sector Implements Austerity Measures and Hybrid Work Models to Drive Operational Efficiency
Pakistan’s banks shift to remote work on Fridays and adopt digital-first austerity measures following new State Bank of Pakistan guidelines to cut costs.
Imran Khan Appointed Chairman of SadaPay Board as Digital Finance Leadership Expands
Imran Khan has been appointed Chairman of the Board at SadaPay, bringing decades of experience in Pakistan’s digital infrastructure and fintech ecosystem to guide the Sada Money platform.
Mobilink Bank Partners with SEDF to Expand MSME Financing in Sindh
Mobilink Bank signs five-year partnership with Sindh Enterprise Development Fund to provide up to PKR 1 billion in affordable financing for MSMEs across key sectors in Sindh, supporting inclusive economic growth.
Private Sector Credit Drops 57% to Rs589 Billion in FY26, SBP Eases Liquidity
Private sector credit in Pakistan fell 57% year-on-year to Rs588.68 billion in FY26, while SBP’s CRR cut and reduced export refinance rate aim to boost industrial lending in coming months.
SBP Issues Procedure for Fee-Free Remittance Disbursement Through Raast
The State Bank of Pakistan has issued a procedure allowing approved exchange companies to disburse inward remittances through Raast without charging beneficiaries, supporting digital payments and transparency.
SBP Reduces CRR to 5% to Support Credit Expansion in Pakistan
State Bank of Pakistan lowers average Cash Reserve Requirement to 5% effective January 30, 2026, aiming to improve liquidity and encourage private sector credit growth.
Bank Makramah Restructures Shareholding, Converts Rs3.35bn TFCs into Equity
Bank Makramah Limited has approved a restructuring plan to revise sponsor share valuation, enhance free float, and convert Rs3.35 billion in TFC liabilities into equity, subject to regulatory and court approvals.
NIBAF Pakistan Hosts Branch Manager Certification Program to Enhance NBP Leadership
NIBAF Pakistan conducted a 5-day Branch Manager Certification Program for National Bank of Pakistan officers, focusing on leadership, operational efficiency, and strategic branch management.
LOLC Microfinance Bank Appoints Imran Sarwar as Head of Credit
LOLC Microfinance Bank appoints Imran Sarwar as Head of Credit, leveraging his 20+ years of microfinance experience to strengthen credit risk management and portfolio growth.