SBP introduces regulatory framework to enhance recovery planning in banks

New framework aims to align domestic practices with international standards for financial stability; banks asked to submit their first recovery plans by June 30, 2026

SBP introduces new customer onboarding framework, mandates digital payment solutions for merchants

Framework aims to streamline account opening with two-day turnaround time, requires banks to provide digital payment solutions for merchants to facilitate digital transactions

Banking complaints surge in 2025, with Rs882 million in relief provided to customers

16,000 complaints resolved in first half of 2025, highlighting concerns over service quality and fraud

Government raises Rs342 billion from PIBs auction, yields fall across tenors

Exceeds Rs300 billion target in the auction of fixed-rate Pakistan Investment Bonds

Bank lending to government hits Rs44 trillion, private sector credit remains low

Central govt’s domestic debt reaches Rs53.468 trillion, external debt stands at Rs22.585 trillion, bringing the total debt to Rs76.045 trillion

Pakistani banks to report subdued Q2 2025 performance amid lower yields and rate cuts

Banking sector faces margin compression, but deposit growth and dividends provide some support

SBP announces Primary Dealers and Special Purpose Primary Dealers for FY26

10 institutions selected for Primary Dealer roles, with two appointed as Special Purpose Primary Dealers

SBP revises remittance incentives, raises transaction limit to $200

Central bank discontinues Incentive Scheme for Marketing of Home Remittances and Exchange Companies Incentive Scheme

SBP announces bank holiday on July 1 

All banks, DFIs, MFBs to remain closed for public dealing on Tuesday 

FBR calls for bringing banks under normal tax regime applicable to companies

Tax body chairman raises concerns over the special tax treatment given to banks, urges to abolish the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001

UBL share split to take effect June 21; face value set to Rs 5

Face value halved to Rs5; total shares double but paid-up capital remains unchanged

Pakistan moves closer to privatising Zarai Taraqiati Bank, bids opened for financial adviser

Committee reviewing technical bids from financial firms; chosen adviser to determine asset value, identify buyers, and structure sale transaction

Pakistan to finalise sale of majority stake in First Women Bank to UAE next month

Majority stake held by Ministry of Finance; Habib Bank and MCB each hold 5.78%, others hold smaller shares

Bank Alfalah to sell Bangladesh operations to Bank Asia Limited  

A Memorandum of Understanding and Term Sheet were finalised on May 28, 2025  

UBL gets SBP nod for share split, doubling number of shares

Approval clears way for splitting each PKR 10 share into two PKR 5 shares without altering shareholder rights