Finance

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Government Announces International Bank Consortiums for GMTN and Sukuk Programs

Government Announces International Bank Consortiums for GMTN and Sukuk Programs

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with international banking consortiums, marking the commencement of the government’s strategic partnership under Pakistan’s Global Medium-Term Note (GMTN) and International Sukuk programmes.

SECP Rolls Out IBAN-Based Verification to Streamline Digital KYC

SECP Rolls Out IBAN-Based Verification to Streamline Digital KYC

The Securities and Exchange Commission of Pakistan (SECP) has introduced IBAN-based digital verification to enable faster and easier onboarding of customers, allowing investors to access financial services without unnecessary documentation and repeated verification requirements. To facilitate this digital transformation, the SECP has amended the AML/CFT/CPF Regulations, 2020, allowing Regulated Persons, including Securities Brokers, Futures Brokers,…

SBP Governor Urges Banks to Develop Specialized Financing Products

SBP Governor Urges Banks to Develop Specialized Financing Products

Governor State Bank of Pakistan (SBP), Jameel Ahmad, urged banks to move beyond traditional lending approaches and reliance on government supported schemes and develop sector specific products

Finance Minister Launches InvestPak Digital Platform for Government Securities Investment

Finance Minister Launches InvestPak Digital Platform for Government Securities Investment

Federal Minister for Finance and Revenue Muhammad Aurangzeb, formally launched InvestPak, a digital platform to facilitate individuals and corporate customers to make instant, free, and secure investment in government securities.

PSX launches public consultation on first sustainability index

PSX launches public consultation on first sustainability index

Pakistan Stock Exchange Limited (PSX) released a Concept Paper on the PSX Sustainability Index (PSI), marking a defining milestone in Pakistan’s journey toward mainstream sustainable finance.

Pakistan Enters Sustainable Investment Market with New SECP ESG Mutual Funds Framework

Pakistan Enters Sustainable Investment Market with New SECP ESG Mutual Funds Framework

The framework enables Asset Management Companies (AMCs) to launch Environmental, Social and Governance (ESG)-focused mutual funds, bringing Pakistan’s capital market in line with global sustainable investment practices.

SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs

SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs

Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower.

FBR offices to remain open on June 27-28

FBR offices to remain open on June 27-28

The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working hours on June 27 and 28, 2026 (Saturday and Sunday).

How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million

How Much Is Pakistan’s Current Account Surplus in 11MFY26? It Reached $255 Million

Pakistan’s External Current Account recorded a surplus of US$ 252 million during July-May fiscal year 2025-26 compared to a surplus of $ 1,618 million in the first eleven months of previous fiscal year.

SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets

SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets

The Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, unveiled an ambitious reform agenda aimed at expanding Pakistan’s investor base, strengthening financial literacy, and accelerating the development of the country’s capital markets.