In order to support innovation, financial inclusion as well as the emerging digital financial services ecosystem, the State Bank of Pakistan (SBP) has reportedly issued In-Principle Approvals for ...

As Pakistan stands at the crossroads of digital transformation, a critical gap in the current financial infrastructure becomes increasingly apparent: Our insurance penetration remains just 0.8% of the ...

Pakistan is making a bold move to align its entire banking system with Islamic principles by December 2027. This follows a 2022 ruling by the Federal Shariat Court declaring interest-based banking ...

Important Note: This webpage was created in July-August 2024. For the updated Pakistan Country Partnership Framework FY 26 up to FY 35, please visit the CPF webpage here. The World Bank Group (WBG) is ...

KARACHI: Mashreq Bank Pakistan - one of the two retail digital banks operating in the country - has put a big focus on channeling workers’ remittances into the country from abroad and introduced ...

Pakistan's central bank cut its key interest rate by 50 basis points to 10.5% on Monday, breaking a four-meeting hold in a surprise move it said was aimed at supporting sustainable economic growth ...

Australia I China I Hong Kong I India I Indonesia I Japan I Malaysia I Mongolia I Pakistan I Philippines I Singapore I Taiwan I Thailand MCB Bank, formerly Muslim Commercial Bank, is comfortably ...

In January, the State Bank of Pakistan issued no-objection certificates (NOCs) to the establishment of five digital banks in Pakistan, part of the SPB’s newest initiative to boost both financial ...

Dubai and Islamabad, December 19, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, announced today that its financial services subsidiary, Mobilink Microfinance Bank Ltd., has launched ...

Pakistan has received $807.64 million in bilateral loans and grants, and $1.26 billion in multilateral loans and grants this ...

Pakistan's central bank is expected to retain interest rates at 11% on Monday, a Reuters poll showed, as analysts push back rate-cut forecasts to late 2026 after the IMF warned inflation risks persist ...

Pakistan, July 21 -- The World Bank has released a new report focusing on Pakistan's energy sector. The report highlights the urgent need for energy savings and carbon emission reductions across key ...