SBP Receives Unclaimed Deposits from Banks: Here’s How You Can Claim Your Funds
The State Bank of Pakistan confirms receipt of unclaimed deposits from all banks and DFIs as of December 31, 2023. Individuals can now reclaim their funds by following the SBP refund process through respective bank branches.
SBP Injects Over Rs14 Trillion via Conventional and Shariah-Compliant OMOs to Ease Market Liquidity
The State Bank of Pakistan injected Rs14.304 trillion into the market through reverse repo and Modarabah-based OMOs, easing short-term liquidity constraints in both conventional and Islamic banking systems.
KSE-100 Suffers 1.74% Weekly Drop as Geopolitical Tensions Weigh on Investor Confidence
The KSE-100 index ended the week down 1.74%, with geopolitical tensions and weak macroeconomic signals keeping investors cautious. Trading remained lackluster as global uncertainty overshadowed domestic reforms and financial agreements.
Fiscal Rebalance: FBR Moves to Align Bank Taxation with Digital Economy Needs
The Federal Board of Revenue (FBR) in Pakistan is pushing to remove the special tax privileges extended to banks under the Seventh Schedule of the Income Tax Ordinance 2001. This proposed shift aims to bring banks under the normal corporate tax regime, potentially impacting their digital finance strategies and operational models as the nation seeks to broaden its tax base.
NIBAF Hosts AI Chatbot and No-Code Excel Automation Masterclass for Banking Professionals
NIBAF successfully held a two-day AI chatbot and Excel no-code automation masterclass for officers from the State Bank of Pakistan and commercial banks, led by AI expert Sumaira Ghouri.
Driving Innovation: SBOTS-27 Officers Engage with CPEC’s Digital Future
Officers from the State Bank of Pakistan’s SBOTS-27 cohort recently participated in an “Evening Talk” featuring Dr. Hassan Daud Butt, former Project Director CPEC. The session provided invaluable perspectives on the China-Pakistan Economic Corridor’s impact, particularly its implications for digital infrastructure and economic development, crucial for the next generation of financial leaders.
SBOTS-27 Officers Engage in Insightful Evening Session with Ms. Lubna Malik, CEO NIBAF
On June 18, 2025, officers from the SBOTS-27 batch attended an exclusive evening talk with Ms. Lubna Malik, CEO of NIBAF Pakistan, gaining direct insights into leadership, institutional vision, and the evolving demands of Pakistan’s financial sector.
State Bank Officers of SBOTS-27 Embark on Official Training Tour to Nathiagali
Officers from the SBOTS-27 batch of the State Bank of Pakistan undertook a training visit to Nathiagali on June 17, 2025, marking an important experiential milestone in their development under the institution’s ongoing officer training scheme.
State Bank of Pakistan Publishes Official Forex Rates for June 17, 2025 to Guide Cross-Border Trade
The State Bank of Pakistan has released official foreign exchange rates for June 17, 2025. These SBP-issued benchmarks support international trade, offering critical guidance for currency transactions and financial planning in a globalized economy.
Islamic Finance Forward: NIBAF Concludes Pivotal Professional Development Program in Karachi
NIBAF Pakistan successfully concluded its highly anticipated Islamic Banking Professional Development Program (IBPD-18) in Karachi, empowering financial professionals with critical insights into the evolving landscape of Sharia-compliant banking. This intensive program underscores a significant stride in enhancing specialized expertise within Pakistan’s burgeoning Islamic finance sector.