State Bank of Pakistan

Microfinance Banking: A Commercial Assignment with a Welfare Purpose

By Kashif Hasan Microfinance banking, a term now widely familiar, is more than just another financial service. It represents decades…

8 months ago

SBP Governor launches PRISM+ to modernize Pakistan’s payment infrastructure

Business Reporter Karachi: Governor State Bank of Pakistan (SBP) Jameel Ahmad has officially launched the PRISM+ (Real-Time Interbank Settlement Mechanism…

9 months ago

SBP to Issue Rs. 75 Commemorative Coin Honoring Marka-e-Haq and Independence Day

Coin featuring armed forces’ valor to be available from August 15, 2025 at SBP field offices nationwide Business Reporter Karachi:…

9 months ago

SBP Foreign Reserves Surge to $14.51 Billion by June 30, 2025

Over the course of FY 2025, SBP’s FX reserves recorded a remarkable rise of US$ 5.12 billion up from US$ 9.39 billion on June 30,…

10 months ago

Banking Mohtasib Provides Relief of Over Rs 1.65Bn to Banking Customers in 2024

During the year major increase was seen in complaints of frauds and cases of Account Blockage by banks on one…

1 year ago

Visa Highlights $121 Billion SME Digital Payment Opportunity in Pakistan

SMEs contribute 40% to Pakistan’s GDP and are key to job creation. However, their growth and efficiency restricted by cash-based…

1 year ago

Ahmed Baig Wins Rashid D. Habib Memorial Golf Tournament

National Professionals Golf Tournament hosted by Bank AL Habib, concluded in grand fashion at Karachi Golf Club Staff Reporter Karachi:…

1 year ago

Federal Cabinet Approves Key Green and Energy Initiatives

The Cabinet approved a 25% reduction in the provincial quota for medical and dental colleges managed by the federal government…

1 year ago

Visa Hosts Inaugural ‘Visa Connect Karachi’ Event to Drive Digital Payments Growth

The event featured regional experts who discussed key trends in digital payments business growth, product solutions Business Reporter Karachi: Visa…

1 year ago

Easypaisa Becomes Pakistan’s First Digital Retail Bank

SBP approval was granted during an official licensing ceremony, marking a transformative leap in Pakistan's financial services sector Business Reporter…

1 year ago

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