October 25, 2026
Minister Seeks Loan Rescheduling as Rates Bite at 25pc
Abdul Aleem Khan has put proposals to the prime minister, saying businesses cannot run while borrowing at 25 per cent.
Articles for tag: Abdul Aleem Khan, Banks, industry, interest rates, lcci, manufacturing
July 3, 2026
SBP Ends Remittance Incentive Schemes as Record $41 Billion Inflows Make Bank Rewards Redundant
The State Bank of Pakistan has discontinued the Sohni Dharti Remittance Programme's bank reward points and ended the Telegraphic Transfer Charges Incentive Scheme — signalling that with remittances heading for a record $41 billion in FY26, the financial inducements put in place to channel overseas flows through formal banking channels have achieved their purpose.
The state bank’s reserves stand at $15.91 billion
The central bank’s holdings rise by $13 million as total deposits reach $21 billion. 2026 starts with softer gold prices KARACHI: Pakistan’s liquid foreign exchange reserves saw a modest increase in the last week of 2025, with the State Bank of Pakistan (SBP) reporting a $13 million increase in its reserves. As on December 26, 2025, SBP’s foreign exchange reserves stood at $15.915 billion, up from $15.902 billion in the previous week. Commercial banks’ net reserves fell slightly to $5.097 billion, bringing total liquid foreign reserves to $21.012 billion. That brings the country’s import coverage to about 3.2 months, providing
SBP pumps Rs 10.48 trillion into banks
At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: The State Bank of Pakistan (SBP) on Friday made significant liquidity injections through both conventional and Shariah-compliant open market operations (OMOs), providing more than Rs 10.48 trillion in short-term funds to indirectly meet the government’s needs. According to the central bank’s Department of Internal Markets and Monetary Management, the SBP accepted a total of Rs 10.27 trillion in the conventional reverse repo (injection) mode. The central bank saw significant participation from market participants in two periods, reflecting persistent demand for short-term liquidity in the banking system.
SBP infuses Rs 12 tr into banks
KARACHI: The State Bank of Pakistan (SBP) on Friday injected about Rs 12 trillion into the money market through conventional and Shariah-compliant open market operations (OMOs) to ensure adequate liquidity in the banking system. According to the central bank’s Department of Internal Markets and Monetary Management, the SBP accepted Rs 11.99 trillion in face value in the conventional reverse repo (injection) facility at a flat rate of 11.01% per annum. Of the total, Rs 675 billion were accepted for seven days and Rs 11.32 trillion for 14 days. The act attracted a total of 31 bids, with the seven-day portion
PSX hits high at 154,277 points amid economic optimism
Karachi: The Pakistan Stock Exchange (PSX) increased high on Friday, with the KSE-100 index closing to 154,277, increased to 1,612 points in a single session. This marks the first time the index exceeded 154,000. The race was pioneering by the National Bank of Pakistan (NBP), which increased by 9.88% to RS171.98 after repetitions of his expectations for a healthy dividend at the end of the year. The administration implied the optimization of capital levels, although the NBP law restricts payments to results at the end of the year, said Ali Najib, deputy head of the Arif Habib Ltd. Cement reserves
Govt Eyes $ 3.3 billion in foreign loans from Chinese banks
A representation picture showing a person who counts dollar notes. – AFP/file Loans bids that will be finalized by the end of June 2025: Officials. The first loan to be a $ 2 billion trade union funding for three years. Secondly, $ 1.3 billion will refinance the ICBC loan. Islamabad: In the midst of continuous government efforts to stabilize the economic index, Pakistan is watching $ 3.3 billion in the form of two foreign loans from Chinese banks in the coming days, The news reported on Tuesday. “Yes, we are still working closely with the high -level Chinese to complete
Govt signs $ 4.5 billion loans with local banks to facilitate energy debt
A power transmission tower is observed one day after a power across the country, in Karachi, Pakistan, on January 24, 2023-Reuters Pakistan signs the terms sheets with 18 commercial banks. Banks will provide loans through Islamic funding. Govt plans to abolish interest -based banking by 2028. Pakistan has signed a term of office with 18 commercial banks for its Islamic Financial Financial Financial Financial Financial Till ($ 4.50 billion) to help repay the debt in the energy sector, Energy Minister Sardar Awais Ahmad Khan Leghari said on Friday. The government, which owns or controls much of the power infrastructure, is
Angel Reese was launched by Senator Jim Banks, who apologizes to the WNBA star after racism
Indiana Senator Jim Banks called on the WNBA star Angel Reese to apologize to the Indiana Fever fanbase after investigation into Reese’s racial attack claims, we ended up as “non -documented”. The investigation, which lasted 10 days, found no evidence to support the accusations that fans had launched racial abuses on the player. Reese had previously argued that fans in a fever game had submitted it to racist observations, causing an internal research from WNBA. Following the conclusion of the investigation, Reese did not face the findings, leaving many to challenge her response to the cleared allegations. Banks, which were
Foreign Central Banks shift from long-term US bonds to short-term T-Bills
Listen to the article Foreign central banks and government institutions reduce their long -term US debt and move to the Treasury’s short -term accounts, according to new US Treasury data. The latest Treasury International Capital (TIC) report shows that in February, official foreign institutions sold a pure $ 19.6 billion in US bonds and notes – the guarantees of over one year. This marked the fourth consecutive month of net selling, after $ 24.1 billion unloaded in January and $ 42.3 billion in December. In contrast, foreign buyers added $ 61.6 billion to finance ministry accounts in February, reflecting a
