The State Bank of Pakistan (SBP) has discontinued the Sohni Dharti Remittance Programme, ending incentives paid to banks for increasing overseas remittances after inflows reached levels...
The State Bank of Pakistan (SBP) has discontinued the Telegraphic Transfer Charges Incentive Scheme (TTCIS) from July 1, 2026. Under the scheme, banks had been reimbursed...
The federal government’s domestic borrowing rose sharply during June 15–19, with Rs122 billion borrowed daily from commercial banks, according to the latest State Bank data. Total...
Pakistan has decided that all new financial transactions, including loans, will be conducted under a Shariah-compliant system from January 1, 2028. Existing conventional agreements will remain...
The government will begin scrutinizing bank accounts with deposits or withdrawals exceeding Rs100 million over a six-month period from July 1, 2026. Under the Finance Act...
Rising geopolitical tensions and increasing global oil prices are expected to play a significant role in shaping Pakistan’s monetary policy outlook as the State Bank of...
Soneri Bank has achieved an important milestone in its sustainability journey as its Baber Market Branch in Landhi, Karachi received official certification under the WWF-Pakistan Green...
