Mashreq Bank’s Digital Launch Signals Global Confidence in Pakistan’s Economy: PBA
The Pakistan Banks Association hailed the launch of Mashreq’s digital retail bank in Pakistan as a sign of international trust, highlighting the sector’s tax contributions, digital reforms, SME financing, and social impact.
DigiKhata Secures NBFC Lending License from SECP to Expand Digital Credit Solutions
DigiKhata Financial Services Ltd. has been granted an NBFC lending license by the SECP, marking its entry into regulated digital credit services to bridge Pakistan’s SME financing gap and boost financial inclusion.
HBL Partners with Mastercard to Launch Business Debit Cards for Pakistan’s SMEs
HBL, in collaboration with Mastercard, has introduced Business Debit Cards tailored for SMEs, enabling secure, digital transactions while supporting Pakistan’s cashless economy and promoting financial inclusion for small businesses and entrepreneurs.
SBP Governor Jameel Ahmad Identifies Low Domestic Savings as Core Economic Weakness
SBP Governor Jameel Ahmad has warned that Pakistan’s persistently low domestic savings rate remains a major economic challenge. He urged reforms to mobilize local savings, deepen capital markets, and reduce reliance on foreign inflows, while highlighting progress in sovereign debt reforms but slow growth in corporate and equity markets.
HBL and SEDF Partner to Accelerate SME Financing and Economic Development in Sindh
HBL and the Sindh Enterprise Development Fund (SEDF) have partnered to offer subsidized credit to SMEs across Sindh, aiming to strengthen business growth, financial inclusion, and job creation through a jointly developed financing framework.
NBP Introduces Up to Rs200 Million in Hassle-Free Financing for SMEs and Commercial Enterprises
National Bank of Pakistan rolls out a new financing facility offering up to Rs200 million for SMEs and commercial businesses, with low markup rates, simplified processing, and nationwide accessibility.
State Bank of Pakistan Invites Public Consultation on Draft SME Prudential Regulations
The State Bank of Pakistan has released draft prudential regulations for SME financing and is seeking public input to enhance inclusivity, tech integration, and financial access through an updated regulatory framework.