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.
SBP Sets Special Cash Reserve Account Remuneration Rate at 3.27% for September 2025
The State Bank of Pakistan has fixed the Special Cash Reserve Account remuneration rate at 3.27% for September 2025, applicable to deposits raised under FE-Circular 25 of 1998.
SBP Grants 1LINK Designated Payment System Status to Strengthen Pakistan’s Digital Economy
The State Bank of Pakistan has officially designated 1LINK as a Payment System Operator under the Payment Systems & Electronic Funds Transfer Act, 2007, marking a milestone in advancing digital payments and financial inclusion.
SBP Names National Bank, UBL, and HBL as Domestic Systemically Important Banks for 2025
The State Bank of Pakistan has designated three major banks as Domestic Systemically Important Banks for 2025, introducing enhanced capital requirements to strengthen resilience and stability in Pakistan’s banking sector.