SBP Clears HBL Zarai as Agricultural Services Provider Under Digital Farm Loan Programme
State Bank of Pakistan approves HBL Zarai Services as an agricultural services provider under the Zarkhez-e Asaan Digital Zarai Qarza Scheme, enabling in-kind digital farm financing and improved credit utilisation.
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 reduces Special Cash Reserve Account remuneration rate for February 2026
State Bank of Pakistan cuts remuneration rate on Special Cash Reserve Account (US$) to 2.67% for February 2026 in line with the SOFR-linked mechanism.
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 Cash Reserve Requirement to 5% to Support Private Sector Credit
State Bank of Pakistan cuts banks’ cash reserve requirement by 100bps to 5%, releasing liquidity to boost private sector lending from January 30, 2026.
SBP to Print New-Design Currency Notes in 2026 After Cabinet Approval
State Bank of Pakistan will start printing new-design currency notes of multiple denominations in 2026 after cabinet approval, with phased circulation planned.
Pakistan Retires Rs116.48bn Debt in a Week, FY26 Net Retirement at Rs334bn
Pakistan retires Rs116.48bn in government debt during the week ended January 16, 2026, taking total net retirement in FY26 to Rs334.36bn, according to SBP data.
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.
SBP Cancels Glaxy Exchange License for Serious Regulatory Violations
The State Bank of Pakistan has revoked the license of Glaxy Exchange with immediate effect due to serious regulatory violations, barring the company from conducting foreign exchange business nationwide.
SBP raises Rs725.7bn in latest MTB auction against Rs700bn target
The State Bank of Pakistan raised Rs725.7bn through its latest Market Treasury Bills auction held on January 21, 2026, exceeding the target of Rs700bn amid strong investor demand.