SBP issues the Guidelines for the Regulatory Sandbox
The Regulatory Sandbox will enable the participants to test their products and the associated operational models around innovative ideas and technologies. The Sandbox will also help SBP in refining and upgrading the regulatory environment in line with the evolving innovative technologies.
Mehfooz
State Bank Drives Digital Payments for Eid-ul-Azha
The State Bank of Pakistan (SBP) has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha.
LuLu Financial Holdings Partners with ABHI to Advance Financial Inclusion and Cross-Border Remittance Solutions
LuLu Financial Holdings, a leading global financial services conglomerate, has partnered with Abhi Middle East Limited to enhance financial inclusion and improve access to timely remittance solutions.
Editor
Pakistan’s Current Account Surplus Hits $1.9 Billion in 10 Months of FY25
The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a surplus of $ 1.20 billion in March 2025 and a surplus of $ 315 million in April 2024, the State Bank of Pakistan (SBP) reported on Friday.
RDA inflows rise to $10.180 Billion in April 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.180 billion by the end of April 2025 as compared to US $10.003 billion by March (2025) end.
State Bank of Pakistan Secures $1.023 Billion from IMF
The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program.
Workers’ Remittances Surge to $3.2 Billion in April 2025
Remittances inflows during April 2025 were mainly sourced from Saudi Arabia ($725.4 million),
United Arab Emirates ($657.6 million), United Kingdom ($535.3 million) and United States of
America ($302.4 million).
Pakistan Issued Green Sukuk for a Greener Future
The government has launched the first Green Sukuk aiming at to attract a broader investor base, deepen financial markets, and accelerate the country’s transition to a green and resilient economy.
Roshan Digital Accounts Surge Past 0.8 Million
The total number of Roshan Digital Accounts (RDA) has crossed 0.8 million with the addition of 8092 new accounts in March 2025 while the volume of funds received in RDA so far surpassed the $ 10 billion mark.
ABHI, Matco Foods to empower employees with instant salary access
Through this collaboration, Matco Foods will be providing ABHI’s Earned Wage Access (EWA) service to its employees, reinforcing its longstanding commitment to employee empowerment and financial well-being.