KTrade Upgrades Banking Sector Outlook as Habib Bank Limited Tops Investment Picks
KTrade has raised its outlook for Pakistan’s banking sector, forecasting 20% earnings growth by end-CY25. The brokerage highlighted robust deposit mobilization, strong capital gains, and improved sector valuations, naming Habib Bank Limited as its top pick.
AGP Report Highlights Major Discrepancies in Tax and Refund Data Between FBR and SBP
The Auditor General of Pakistan has identified significant discrepancies of billions of rupees between the Federal Board of Revenue and State Bank of Pakistan’s tax collection and refund figures for FY 2023-24, raising concerns over data accuracy and financial transparency.
Workers’ Remittances Climb 8.41% to $9.5 Billion in First Quarter of FY26
Workers’ remittances to Pakistan grew 8.41% year-on-year to $9.5 billion in the first quarter of FY26, with Saudi Arabia and UAE leading inflows, boosting foreign exchange reserves and external account stability.
Pakistan Shares Extensive Economic Data with Saudi Delegation to Bolster Investment Ties
Pakistan has shared detailed economic data, including its IMF programme and external debt structure, with a high-level Saudi delegation to enhance trade and investment cooperation between the two countries.
Pakistani Rupee Inches Up Against US Dollar Amid Global Market Shifts
The Pakistani rupee saw a marginal gain against the US dollar in inter-bank trading on Monday, supported by stable domestic flows and muted global currency volatility, as global markets reacted to political and monetary developments in Japan and the United States.
SBP Launches Business Idea Competition to Mark Pakistan Women Entrepreneurship Day 2025
The State Bank of Pakistan has announced its Business Idea Competition as part of Pakistan Women Entrepreneurship Day 2025, encouraging innovative ideas from aspiring women entrepreneurs across the country.
Govt Seeks SBP Review on Rs3.5 Billion Raast QR Subsidy Impact
The government has tasked the State Bank of Pakistan to prepare a detailed report on the Rs3.5 billion Raast QR subsidy, assessing its impact on merchant adoption, transaction volumes, and the growth of digital payments.
SBP Orders Banks to Deploy Cash Deposit Machines Nationwide by 2028
The State Bank of Pakistan has directed commercial banks to install Cash Deposit Machines across 25% of their branch network by 2028 to promote self-banking, enhance customer convenience, and strengthen digital infrastructure.
SBP Injects Over Rs266 Billion Through OMO to Ease Market Liquidity
The State Bank of Pakistan has injected Rs266.6 billion into the banking system via reverse repo and Shariah-compliant Modarabah-based Open Market Operations to address liquidity needs.
SBP Declares Nationwide Bank Holiday on 12th Rabi-ul-Awwal 2025
The State Bank of Pakistan has announced a nationwide bank holiday on September 6, 2025, in observance of 12th Rabi-ul-Awwal, with all commercial banks, DFIs, and microfinance banks to remain closed.