State Bank of Pakistan to Remain Closed from June 6 to 9 for Eid-ul-Adha Holidays
The State Bank of Pakistan has officially announced closure from June 6 to June 9, 2025, in observance of Eid-ul-Adha public holidays. Financial institutions and stakeholders are advised to plan accordingly during this extended break.
NIBAF Conducts Islamic Banking Professional Development Program 15 at Karachi Campus
NIBAF successfully hosted the 15th Islamic Banking Professional Development Program (IBPD) from May 26 to 30, 2025, at its Karachi Campus. The training featured expert trainers and brought together officers from commercial banks and the State Bank of Pakistan to enhance Islamic banking knowledge and skills.
NIBAF Conducts Performance Management Program for SBP Officers at Karachi Campus
NIBAF successfully hosted a two-day Performance Management Program at its Karachi Campus for State Bank of Pakistan officers. The training, held on May 29–30, 2025, was led by expert facilitator Sohail Rizvi, focusing on professional growth and performance strategies within the central banking context.
State Bank of Pakistan Hosts Financial Intermediation Training for SBOTS 27th Batch
The National Institute of Banking and Finance (NIBAF), under the State Bank of Pakistan, conducted a comprehensive training session on financial intermediation for the SBOTS 27th Batch, led by finance expert Khurram Shehzad, on May 31, 2025.
Raast QR Payments Now Available in Mandis Across Pakistan: Faysal Bank Launches Cashless Eid Payment Solution
Faysal Bank introduces Raast QR payments across major Mandis in Pakistan, offering a safer, faster, and cashless method for Eid shopping. The initiative aligns with State Bank of Pakistan’s digital financial services push and provides consumers with a new avenue for secure transactions.
SBP Boosts Asaan Account Limits by Rs. 5 Million for Eid Ul Adha Cattle Markets
The State Bank of Pakistan (SBP) announced temporary increases to transaction and balance limits for specific accounts to promote digital…
Pakistan’s Islamic Banking Industry Booms, Assets Surge to Rs. 9 Trillion
Pakistan’s Islamic Banking Industry (IBI) has achieved a remarkable milestone, reaching Rs. 9 trillion in total assets, according to the…
SBP Releases Optimistic Half-Year Report on Pakistan’s Economy
The State Bank of Pakistan (SBP), presented a cautiously optimistic outlook on the country’s economic state in its half-year report…
Pakistan Sees Record-Breaking $2.8 Billion in Workers’ Remittances for April 2024
Good news for Pakistan’s economy! Workers abroad sent home a record-breaking $2.8 billion in April 2024, according to data from…
Pakistan’s Central Bank Maintains Interest Rate at 22% Amid Inflation Concerns
Pakistan’s central bank, the Monetary Policy Committee (MPC), opted to hold its key interest rate steady at 22% today. This…