Finance

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PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion

PSX Launches Pakistan Financial Literacy Week 2025 with Gong Ceremony to Empower Financial Inclusion

Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a Gong Ceremony, marking the start of a nationwide initiative to promote financial literacy and inclusion.

Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion

Pakistan’s Liquid Foreign Reserves Rise to $15.75 Billion

The total liquid foreign reserves of Pakistan rose to US$ 15,752.7 million during the week ended on April 04, 2025 while the State Bank of Pakistan held reserves increased to $ 10,699.4 million.

SECP Strengthens Investor Confidence with New Fund Manager Disclosure Standards

SECP Strengthens Investor Confidence with New Fund Manager Disclosure Standards

The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements for Fund Manager Reports (FMRs) by Asset Management Companies (AMCs).

RDA Inflows Soar to $9.768 Billion Mark in February 2025

RDA Inflows Soar to $9.768 Billion Mark in February 2025

The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.768 billion by the end of February 2025 as compared to US $9.564 billion by January (2025) end.

Interest Rates Set to Decline Further as Inflation Continues to Fall

Interest Rates Set to Decline Further as Inflation Continues to Fall

The State Bank of Pakistan (SBP) is expected to reduce its key interest rate by up to 50 basis points (bps) in its upcoming Monetary Policy Committee (MPC) meeting on Monday, marking its seventh consecutive cut as inflation continues to decline.

Mobilink Bank joins forces with NymCard and Dellson Associates to revolutionize digital financial services

Mobilink Bank joins forces with NymCard and Dellson Associates to revolutionize digital financial services

Mobilink Bank, Pakistan’s leading digital microfinance institution, has entered into a strategic partnership with leading fintech innovator NymCard and technology consultancy, Dellson Associates to accelerate digital financial services and cross-border enablement.

ABHI and PayPeople Unite to Foster Better Workplace Wellness

ABHI and PayPeople Unite to Foster Better Workplace Wellness

ABHI, a leading embedded finance platform in the MENAP region, has partnered with PayPeople, a leading name in HR and payroll solutions, to transform the way employees manage their financial needs.

Sukuk’s Growing Influence in Sustainable Finance Discussed at AlBaraka Forum

Sukuk’s Growing Influence in Sustainable Finance Discussed at AlBaraka Forum

The AlBaraka Forum for Islamic Economy, in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with the platinum partnership of Al Baraka Bank Pakistan, successfully concluded the 4th AlBaraka Forum Regional Conference on January 28th, 2024 at Marriott Hotel, Karachi, Pakistan, under the theme “Sukuk for Sustainable Development: International Best Practices”. This landmark event highlighted the transformative role of Islamic finance, particularly Sukuk, in driving sustainable economic growth.

CDC SR Introduces Pakistan’s First WhatsApp E-Voting Solution

CDC SR Introduces Pakistan’s First WhatsApp E-Voting Solution

CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited launched its latest innovation: E-Voting through WhatsApp.

ABHI and TPL Corps complete acquisition of FINCA Microfinance Bank

ABHI and TPL Corps complete acquisition of FINCA Microfinance Bank

ABHI and TPL Corps have officially completed the acquisition of FINCA Microfinance Bank Limited. The final signing ceremony took place in the presence of prominent leaders from both organizations and key stakeholders, including Omair Ansari, CEO of ABHI, Ali Jameel, CEO of TPL Corp Limited, and Jeffery Smith, Vice President – Chief Administrative Officer of FINCA. The event marked the formal conclusion of this strategic partnership, which aims to expand access to innovative financial solutions and accelerate financial inclusion across Pakistan.