The Future of Digital Banking in Pakistan: Transformative Shifts
Pakistan’s digital banking ecosystem is evolving rapidly with initiatives like Raast, Roshan Digital Accounts, and the SBP’s regulatory push. These shifts are driving financial inclusion, innovation, and a move toward a cashless economy.
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.
SBP Injects Rs12.34 Trillion into Market to Sustain Liquidity
The State Bank of Pakistan injected Rs12.34 trillion into the financial system through reverse repo purchases and Shariah-compliant open market operations, underscoring efforts to stabilize liquidity and maintain smooth market functioning.
Monetary Indicators Show Seasonal Trends While Pakistan Stock Market Reaches Historic Highs
Pakistan’s monetary indicators in early FY2026 reflected seasonal trends with negative money supply growth, while the Pakistan Stock Exchange surged to historic highs, signaling investor optimism despite inflationary risks and fiscal adjustments.
State Bank of Pakistan Invites Fintechs to Apply for Regulatory Sandbox Under Vision 2028
The State Bank of Pakistan has launched its first Regulatory Sandbox under Vision 2028, inviting fintechs to test solutions for remittances, open banking, and merchant onboarding. Applications are open from August 25 to October 5, 2025.
State Bank of Pakistan’s FX Intervention Reaches $522 Million in May 2025
The State Bank of Pakistan recorded net foreign exchange purchases worth $522 million in May 2025, marking an increase from April’s $473 million. Since June 2024, the central bank’s cumulative interventions have reached $7.75 billion, reflecting ongoing efforts to stabilize the interbank market.
PBA and SECP Host Consultative Workshop to Strengthen Bank-Capital Market Collaboration
PBA and SECP held a consultative workshop in Karachi on unlocking capital market potential for banks, with Finance Minister Muhammad Aurangzeb as Chief Guest. Industry leaders and regulators discussed strengthening collaboration, diversifying financing avenues, and fostering sustainable economic growth.
SBP Raises Rs636 Billion Through Treasury Bills and Floating PIBs in Latest Debt Auctions
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NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah-Compliant Finance
NIBAF Pakistan concluded the six-day Islamic Banking Certificate Course – IBCC-73 in Karachi, training SBP and commercial bank officers in Shariah-compliant financial practices to strengthen skills and support the growth of Islamic banking.
Pakistan Introduces PRISM+ to Strengthen Digital Payment and Settlement Infrastructure
The State Bank of Pakistan has launched PRISM+, its upgraded payment and settlement system built on ISO 20022 standards. Governor Jameel Ahmad highlighted its role in enhancing transparency, interoperability, and liquidity management while strengthening Pakistan’s digital payment ecosystem.