Pakistan, ADB Strengthen Reform Cooperation With Focus on Private Sector Growth
Pakistan and ADB discussed structural reforms, SME financing, private-sector development, investment, exports, infrastructure and climate resilience to support sustainable economic growth.
Pakistani Fintech ABHI Partners With Saudi NOX Group for Earned Wage Access
Pakistani fintech ABHI partners with Saudi based NOX Group to provide employees with real time access to a portion of their earned salaries before payday.
Pakistan Expands Access To Finance For Housing, Agriculture And SMEs
Pakistan expands financing initiatives for housing, agriculture, SMEs and exports, with new targets for lending, credit assessment and economic growth.
Pakistan Could Save $400 Million In Remittance Costs Through Regulated Stablecoins
Pakistan could save around $400 million annually by reducing remittance costs through regulated stablecoins as the government develops a broader virtual assets framework.
IFC Invests $10 Million In ASA Microfinance Bank To Support Women Entrepreneurs In Pakistan
IFC has provided a four-year $10 million loan to ASA Microfinance Bank to expand lending to women entrepreneurs and microbusinesses across Pakistan.
Meezan Bank Targets Shariah-Compliant Card Launch in 2027, Plans 1,250 Branches
Meezan Bank plans to launch two Shariah-compliant card products in 2027 and expand its branch network to 1,250 locations by year-end while increasing its focus on SME financing.
Pakistan Banks Likely To Continue Relying On Government Borrowing For Profits
Pakistan’s banking sector is expected to remain heavily invested in government securities during FY2027 as private sector lending opportunities remain limited despite calls to expand SME financing.
Pakistan Banks Continue Focusing On Government Borrowing As Private Sector Lending Slows
A new report says Pakistan’s banks remain heavily invested in government securities despite calls to expand lending to SMEs and the private sector, with private credit expected to remain under pressure.
Prime Minister Shehbaz Sharif Approves Framework and Bank Scoring System to Boost SME Credit
Prime Minister Shehbaz Sharif approves a performance-based scoring mechanism and a three-tier governance structure to track bank lending and boost SME credit to Rs2 trillion by 2028.
Pakistan Finance Minister Launches Steering Committee for Access to Finance Plan 2026-2028
Federal Minister Muhammad Aurangzeb chairs the inaugural Access to Finance Steering Committee meeting to drive SME, agriculture, and IT credit expansion.