Mashreq Bank Launches Pakistan’s First Profit-Bearing Current Account to Boost Remittances
Mashreq Bank Pakistan introduces the country’s first-ever profit-bearing current account, offering up to 5% returns, alongside a new digital banking platform targeting workers’ remittances and Shariah-compliant financial solutions.
ADB stresses reforms and disaster resilience as drivers of Pakistan’s economic growth
The Asian Development Bank projects Pakistan’s economy to expand steadily, emphasizing sustained reforms and climate resilience as crucial for long-term growth amid structural challenges and recurring disasters.
Pakistan Sees Surge in Workers’ Remittances with $3.7 Billion Inflow in May 2025
Pakistan recorded $3.7 billion in workers’ remittances during May 2025, marking 16% growth month-over-month. Cumulative remittances in FY25 reached $34.9 billion, with major inflows from Saudi Arabia, UAE, UK, and the USA.