Senate Committee Pushes for Wider Adoption of PayPak Cards Over Global Payment Giants
Pakistan’s Senate Standing Committee on Finance has called on banks to promote local PayPak cards over international options like Visa and MasterCard to strengthen the country’s digital payments ecosystem and reduce foreign dependency.
Pakistan Moves Past Economic Strain with Signs of Sustainable Growth, Says SBP Chief
SBP Governor Jameel Ahmad says Pakistan has emerged from its tough economic phase, citing falling inflation, stronger reserves, and policy-driven stability, as the central bank pushes for long-term, inclusive growth.
Pakistan Government Clears Rs500 Billion SBP Loan Ahead of Schedule, Strengthening Debt Profile
Pakistan retires Rs500 billion in central bank loans four years before maturity, signaling disciplined fiscal governance, reduced debt risks, and major interest cost savings for the economy.
Askari Bank Secures SBP Approval for Rs6 Billion TFC Buyback to Strengthen Capital Structure
Askari Bank obtains green light from SBP to execute Rs6 billion buyback of its Tier II Term Finance Certificates, a strategic move to optimize its capital base and reinforce investor confidence.
SBP Eyes Over Rs5.5 Trillion Funding via T-Bills and Bonds in Q3 to Support Fiscal Liquidity
The State Bank of Pakistan unveils its July–September auction calendar aiming to raise Rs5.575 trillion through MTBs and PIBs to meet government financing needs and manage market liquidity.
Pakistan Security Printing Corporation Merges NSPC to Streamline Operations and Boost Security Printing Services
Pakistan Security Printing Corporation merges National Security Printing Company to consolidate operations, enhance efficiency, and deliver advanced security printing services across Pakistan’s financial ecosystem.
SBP Pumps Rs13.4 Trillion into Market through Reverse Repo and Modarabah OMOs
The State Bank of Pakistan injected Rs13.4 trillion into the financial system through reverse repo and Shariah-compliant Modarabah OMOs, aiming to ease liquidity constraints in the banking sector.
NIBAF Delivers Three-Week Compliance Program for Askari Bank Officers to Enhance AML and CFT Expertise
NIBAF successfully completed a three-week specialized compliance training for Askari Bank officers in Islamabad, focusing on AML, CFT, regulatory compliance, and global standards.
SBP Plans Easier Digital Payment Options for Traders to Expand Cashless Transactions
The State Bank of Pakistan is working on easing digital payment systems for traders to drive cashless transactions, aiming to increase mobile users, QR merchants, and total digital payments under its broader digital economy strategy.
State Bank of Pakistan Pumps Rs1.16 Trillion into Market through OMO to Support Liquidity
The State Bank of Pakistan has injected Rs1.16 trillion into the financial system through a combination of conventional and Shariah-compliant open market operations to address liquidity needs.