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 …
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KARACHI June 25,2026: According to the report, Pakistan processed 3.7 billion retail payment transactions worth Rs168.8 trillion through formal banking and payment channels between January and March 2026. Notably, digital channels accounted for 92 percent of all transactions. Overall transaction volume increased by 9 percent compared to the previous quarter. …
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KARACHI June 23,2026: The State Bank of Pakistan’s instant payment system, Raast, is on track to process over $500 billion (around Rs140 trillion) in transactions by December 2026, according to Raast Payment Pakistan CEO Ahson Saeed on Tuesday. He said this would exceed Pakistan’s projected GDP of $452 billion for …
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KARACHI June 23,2026 : The State Bank of Pakistan (SBP) released the advance calendar for Monetary Policy Committee (MPC) meetings for FY27. It also expanded its communication framework to improve transparency and predictability in monetary policy. Moreover, SBP increased post-MPC press conferences from two to four per year. The Governor …
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The second episode of The Great Pakistan Adventure explores Cholistan’s forgotten stories of resilience, revival, and survival. Karachi, May 26, 2026: There are places in Pakistan where the landscape feels endless, where survival depends on resilience, and where stories go back in time just as the sands that make up the …
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KARACHI, May 26, 2026: Pakistani freelancers have contributed significantly to the country’s economy by earning more than $950 million in foreign exchange during the first 10 months of the current fiscal year, outperforming freelancers from India, China, the UAE, and several other countries despite multiple global and domestic challenges. According …
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Karachi, May 25, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a platform designed to digitalize and accelerate the customer financing journey.Leveraging AI-driven automation, FOCUS reengineers the Bank’s credit underwriting process from initiation to disbursement. The platform replaces …
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KARACHI: To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, the State Bank of Pakistan (SBP) has decided, on the request of Federal Board of Revenue (FBR), that all branches of commercial banks shall observe extended working hours until 05:30 P.M. on Friday, May 29, 2026. …
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KARACHI, May 12, 2026: Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released on Tuesady by the State Bank of Pakistan (SBP). The Report also notes that the Middle East War …
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LAHORE: The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and Human-Robot Interaction (HRI) in transforming banking experiences. The agreement was signed by Mr. Muhammad Zaman, Group Head, Digital Transformation …
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