Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there ...

The State Bank of Pakistan unexpectedly held its policy rate steady at 12%, breaking a six-month easing trend. This decision comes after reducing rates significantly from 22% in June 2024 under an IMF ...

Now, it will submit its roadmap to the State Bank of Pakistan (SBP) for approval. This move aligns with the growing trend of financial institutions shifting toward Shariah-compliant banking.

The State Bank of Pakistan (SBP), despite the halt in cuts, is one of the most aggressive central banks among central banks of emerging markets during the current easing cycle and has topped the ...

Pakistan's central bank held its key policy rate at 12% on Monday, it said in a statement, a widely unexpected move which ...

KARACHI: The State Bank of Pakistan will remain closed for public dealing on Monday, March 3, 2025, which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat in ...

The arrest of an alleged Islamic State Khorasan Province (ISKP) operative in Pakistan has reignited long ... which occurred inside Afghanistan’s heavily fortified Interior Ministry.

Mastercard announced the signing of a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. The collaboration is for card portfolios across the consumer, ...

Throughout the mission, the IMF team engaged with the Finance Division, Federal Board of Revenue (FBR), State Bank of Pakistan (SBP), Auditor General of Pakistan, Securities & Exchange Commission ...

KARACHI: The State Bank of Pakistan (SBP) has announced that banks will remain closed for public dealing on Monday for the deduction of Zakat. According to SBP, all employees will attend the ...

The State Bank of Pakistan has been easing policy rates since June last year to boost demand and support economic recovery. Governor Jameel Ahmad in January said stable macro-economic conditions ...