SBP Orders Banks and DFIs to Implement Pakistan Green Taxonomy for Green Banking Policies
The State Bank of Pakistan has instructed all banks and DFIs to adopt the Pakistan Green Taxonomy as the core framework for green banking policies, enhancing sustainable finance across the country.
State Bank of Pakistan Introduces Dual Biometric System for Exchange Company Customer Verification
The State Bank of Pakistan has directed exchange companies to adopt facial recognition alongside thumb and fingerprint scans from January 1, 2026, enhancing security and reducing identity fraud in foreign exchange transactions.
Islamic Banking Certificate Ceremony at NIBAF Pakistan Recognizes Graduates of Batches 70 & 73
NIBAF Pakistan held the Islamic Banking Certificate (IBCC) Distribution Ceremony for Batches 70 & 73, celebrating participants’ completion of training in Shariah-compliant banking and Islamic financial operations.
Pakistan Receives $1.2bn IMF Tranche as SBP Reserves Set for Boost
The State Bank of Pakistan has received $1.2bn from the IMF under the EFF and RSF programs, strengthening foreign exchange reserves and easing external financing pressures.
FCCI and SBP Promote Women Entrepreneurship to Boost Pakistan’s Economic Growth
Naveed Akram Sheikh of FCCI highlights the need for female economic inclusion and appreciates SBP’s initiatives, including subsidized loans, to empower women entrepreneurs in Pakistan.
Islamic Agri Finance Training at NIBAF Equips Bankers with Shariah-Compliant Solutions
NIBAF Pakistan held a two-day training on Islamic Agri Finance for commercial bank professionals, providing practical insights into Shariah-compliant agricultural financing products, processes, and risk management.
Executive AI Program by NIBAF Pakistan Prepares Bankers for AI-Driven Financial Industry
NIBAF Pakistan conducted a four-day executive program on Agentic AI, LLMs, and APIs, equipping banking and SBP officers with skills to navigate and lead in an AI-driven financial ecosystem.
State Bank of Pakistan Conducts OMO, Injects Rs2.61 Trillion into Market
The State Bank of Pakistan conducted reverse repo and Shariah-compliant Modarabah-based Open Market Operations, injecting a total of Rs2.61 trillion into the banking system to manage liquidity and support market stability.
Banks Pull Back Liquidity as NBFI Growth Reverses in FY25
Pakistan’s non-bank financial institutions face a sharp liquidity reversal as banks retire Rs340bn during July–November FY25, reversing the ADR-driven surge seen in 2024.
Bank Alfalah Considers Ghazanfar Bank Acquisition Offer for Afghan Operations
Bank Alfalah accepts a non-binding offer from Ghazanfar Bank to acquire its Afghanistan operations, pending due diligence and regulatory approvals from SBP and Da Afghanistan Bank.