MMBL and SMEDA Partner to Empower SMEs and Drive Inclusive Economic Growth
Mobilink Microfinance Bank Limited (MMBL) and the Small and Medium Enterprises Development Authority (SMEDA) have signed an MoU to enhance access to finance for small businesses across Pakistan, aiming to strengthen economic inclusion and support sustainable growth.
SBP Injects Over Rs4 Trillion into Money Market Through Reverse Repo and Modarabah-Based OMO
The State Bank of Pakistan (SBP) conducted a large-scale Open Market Operation (OMO) to inject over Rs4.24 trillion into the financial system, addressing short-term liquidity needs through both conventional reverse repo and Shariah-compliant Modarabah-based instruments.
Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25
The State Bank of Pakistan’s new biometric verification regulations take effect on October 25, 2025, with unverified mobile wallets and digital bank accounts facing immediate service blocks under the updated customer onboarding framework.
OGDCL Receives Rs. 7.72 Billion Fourth Interest Payment Under Government’s Circular Debt Settlement Plan
Oil & Gas Development Company Limited (OGDCL) has received Rs. 7.72 billion as the fourth interest installment from Power Holding (Private) Limited (PHL) under Pakistan’s circular debt settlement plan, marking continued progress in addressing the financial challenges within the country’s energy sector.
PM Shehbaz Sharif Launches Rs23 per Unit Power Tariff Plan for Industry and Agriculture
Prime Minister Shehbaz Sharif announced a new electricity pricing plan offering reduced tariffs for industrial and agricultural users at Rs23 per unit under the Roshan Maeeshat Electricity Package, aiming to revive economic activity without subsidies while ensuring IMF compliance.
PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.
Bank AL Habib Declares Rs3.5 Dividend as Nine-Month Profit Falls 22% to Rs26.6 Billion
Bank AL Habib Limited (BAHL) reported a 22% decline in profit after tax to Rs26.68 billion for the nine months ended September 2025, citing lower interest income and rising costs. The bank declared a Rs3.5 per share dividend, maintaining its strong commitment to shareholders despite earnings pressure.
Bank Alfalah Declares 75% Dividend Despite 39% Drop in Profit for 9MFY25
Bank Alfalah Limited reported a 39% drop in profit for the nine months ended September 30, 2025, but declared a 75% cumulative dividend payout. The results reflect margin compression, higher provisioning, and rising costs, yet highlight the bank’s resilience and commitment to rewarding shareholders amid economic challenges.
Pakistan consolidates economic stability as investor confidence returns
Finance Minister Muhammad Aurangzeb says Pakistan’s economy is stabilizing, with inflation easing, reserves improving, and credit ratings upgraded. He highlighted structural reforms, digital transformation, and trade diversification as key drivers of renewed investor confidence and sustainable growth.
Climate Change and Population Growth Major Obstacles to $3 Trillion Economy, Says Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb has identified climate change and population growth as the two biggest obstacles to Pakistan’s $3 trillion economy target. Speaking on Geo News, he warned of economic damage from recent floods and rising poverty, while Miftah Ismail emphasized the need for reforms and renewable energy adoption to achieve sustainable growth.