KARACHI, July 7,2026: The Pakistan Banks Association (PBA) on Monday opened the second Pakistan Banking Summit 2026 (PBS’26), bringing together policymakers, regulators, bankers and global experts to discuss reforms needed to strengthen Pakistan’s financial sector and accelerate economic growth. More than 600 participants attended the opening day, including senior government …
Read More »InfraZamin-Backed Islamic Financing of Rs4.76bn to Boost Local Electronics Manufacturing
Karachi, July 7,2026: A consortium of banks, led by The Bank of Punjab (BoP) and backed by InfraZamin Pakistan Limited, has achieved the financial close of a Rs4.76 billion, 10-year Islamic syndicated financing facility for Air Link Communication Limited and Select Technologies Limited. The financing will help expand advanced manufacturing …
Read More »AI-Driven Tax System to Issue Notices as Pakistan Eyes $42bn Remittances: Aurangzeb
KARACHI, July 7,2026: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said Pakistan will introduce an AI-driven tax administration system that will issue tax notices with minimal human intervention. He also projected remittance inflows of $41-42 billion during the current fiscal year. Speaking at the Pakistan Banking Summit …
Read More »FPCCI, UNIDO-ITPO Bahrain Strengthen Partnership to Support SMEs and Entrepreneurship
KARACHI July 6,2026 : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the United Nations Industrial Development Organization’s Investment and Technology Promotion Office (UNIDO-ITPO) Bahrain agreed to deepen cooperation to promote SMEs, entrepreneurship, investment and skills development in Pakistan. FPCCI President Atif Ikram Sheikh welcomed Dr. Hashim …
Read More »Finance Minister Launches InvestPak to Expand Digital Investment in Government Securities
KARACHI, July 6 ,2026: The platform enables users to open Investor Portfolio of Securities (IPS) accounts online, participate in primary auctions and trade government securities in the secondary market without visiting financial institutions. The launch ceremony was attended by State Bank of Pakistan (SBP) Governor Jameel Ahmad, senior SBP officials, …
Read More »Pakistan Banking Summit 2026 to Focus on Future of Financial Sector
KARACHI, July 4,2026: The Pakistan Banks Association (PBA) has announced the second Pakistan Banking Summit 2026 (PBS’26), which will take place in Karachi on July 7-8. The summit will bring together policymakers, regulators, bankers, business leaders and international experts to discuss the future of Pakistan’s financial sector and the country’s …
Read More »ABHI Microfinance Bank receives Phoenix Award
ABHI Microfinance Bank is proud to announce that it has received the Phoenix Award at Mobile Commerce 2026, one of Pakistan’s leading platforms for digital commerce, payments, and financial technology. The award recognizes ABHI Microfinance Bank’s transformation into a stronger, more resilient, and future-ready financial institution. It marks an important …
Read More »Mobilink Bank Wins Three FinanceAsia Awards, Named Pakistan’s Best Digital Bank
ISLAMABAD July 2,2026: The awards, presented by FinanceAsia, recognize leading financial institutions across the Asia-Pacific region for excellence in innovation, performance, and market impact. Mobilink Bank earned the recognition after delivering strong financial results and expanding its digital banking services over the past year. Despite climate-related challenges and pressure on …
Read More »Visa Launches Cyber Threat Intelligence Platform to Help Banks Prevent Fraud
KARACHI July 2,2026 : Visa has launched the Visa Threat Intelligence Platform (VTIP), a new cybersecurity solution that helps financial institutions detect cyber threats early and prevent fraud before financial losses occur. The platform uses the same cybersecurity capabilities Visa employs to protect its global payments network. It combines cyber …
Read More »SBP Launches Redesigned Website from July 1 to Improve Digital Access
KARACHI June 30,2026 : The State Bank of Pakistan (SBP) will launch its redesigned official website on July 1, 2026, offering faster access to information and a more user-friendly digital experience for the public and financial sector stakeholders. The new website, www.sbp.org.pk, is part of the central bank’s digital transformation …
Read More »