Banking

SBP Holds Policy Rate at 11.5% as Inflation Outlook Improves

SBP Holds Policy Rate at 11.5% as Inflation Outlook Improves

The State Bank of Pakistan (SBP), On Monday, kept the policy rate unchanged at 11.5 percent on the back of some improvements in economic indicators as well as evolving risks due to resurgence of conflict in the Middle East.

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.

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

InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited

InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited

A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, The Bank of Punjab, BankIslami Pakistan Limited,…

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.

Federal Govt makes Apna Ghar Housing Loans more accessible through NBFCs

Federal Govt makes Apna Ghar Housing Loans more accessible through NBFCs

Access to affordable housing finance is set to become easier for citizens, particularly underserved and non-banking segments, as the Federal Government has approved the inclusion of lending Non-Banking Finance Companies (NBFCs) as Participating Financial Institutions (PFIs) under the Prime Minister’s Apna Ghar Program (PM-APG). The Securities and Exchange Commission of Pakistan (SECP), recognizing the potential…

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Pakistan’s leading digital microfinance bank, Mobilink Bank, has secured top honors at the FinanceAsia Awards 2026, being recognized as Pakistan’s Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology in the domestic category.

State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management

State Bank Maintains 11.5% Policy Rate, Signals Continued Focus on Inflation Management

State Bank of Pakistan (SBP), Monday, maintained the policy rate at 11.5%, considering the current cautious monetary policy stance as appropriate to rein in the inflationary pressures.

SBP Conducts National Survey on Digital Payment Services in Pakistan

SBP Conducts National Survey on Digital Payment Services in Pakistan

The State Bank of Pakistan (SBP) has launched a nationwide Survey on “User Experience of Digital
Payment Services” to obtain direct feedback from such users across Pakistan.

Ignite and Mobilink Bank Partner to Establish National Incubation Center Sialkot

Ignite and Mobilink Bank Partner to Establish National Incubation Center Sialkot

Ignite, operating under the Ministry of IT and Telecom (MoITT), has signed an agreement with the Mobilink Bank led consortium which includes CyberVision International, to establish and operate the National Incubation Center (NIC) Sialkot