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Pakistan banking sector records 9.1% balance sheet growth in H1CY26
Posted inFinTech & TradFi

SBP Rejects Claims Linking Raast to Money Laundering

The State Bank of Pakistan (SBP) has rejected media reports and social media claims suggesting that the Financial Action Task Force (FATF) identified Pakistan’s Raast payment system as a channel…
Posted by Zara Fatima September 4, 2026
Imran Sarwar appointed President and CEO of the National Bank of Pakistan for a three-year term
Posted inFinTech & TradFi

Imran Sarwar Named President and CEO of National Bank of Pakistan

One of Pakistan's most closely watched banking leadership vacancies has finally been filled. The Federal Government has appointed Imran Sarwar as President and Chief Executive Officer of the National Bank…
Posted by Zara Fatima September 3, 2026
SBP Deputy Governor Muhammad Ali Khan addresses the fourth Pakistan Fintech Forum on building a trusted digital financial ecosystem
Posted inFinTech & TradFi

SBP Seeks Stronger, More Trusted Digital Financial Ecosystem

Pakistan's digital payments story is largely settled its digital credit story is not, and that's where regulators are now turning their attention. Speaking as chief guest at the fourth Pakistan…
Posted by Zara Fatima September 3, 2026
Pakistan proposes a centralized merchant database to track digital transactions as part of its Cashless Economy push
Posted inFinTech & TradFi

Pakistan Proposes Centralized Merchant Database to Power Its Cashless Push

Pakistan's digital merchant base has grown so fast that the government says it can no longer track it manually. Officials have proposed building a centralized merchant database to give regulators…
Posted by Zara Fatima September 3, 2026
Pak EXIM partners with AutoSoft Dynamics to implement a next-generation Shariah-compliant core banking platform.
Posted inFinTech & TradFi

Pak EXIM Taps AutoSoft Dynamics for Next-Gen Core Banking Platform

The Export-Import Bank of Pakistan (Pak EXIM) has partnered with AutoSoft Dynamics to implement a next-generation Shariah-compliant core banking platform, marking a significant step in the bank's digital transformation. The…
Posted by Zara Fatima September 1, 2026
Pakistan banking sector records 9.1% balance sheet growth in H1CY26
Posted inFinTech & TradFi

SBP Recognizes NIFT as Designated Payment Operator

The State Bank of Pakistan (SBP) has designated National Institutional Facilitation Technologies (Private) Limited (NIFT) as a Designated Payment System under Section 4(1) of the Payment Systems and Electronic Fund…
Posted by Zara Fatima September 1, 2026
SBP’s redesigned Pakistani currency notes face delays as proposed designs remain under government review
Posted inFinTech & TradFi

SBP’s New Currency Note Designs Face Delays

The State Bank of Pakistan (SBP) is facing delays in finalizing Pakistan's redesigned currency notes, with the process having continued for nearly two years. SBP officials told the Senate Standing…
Posted by Zara Fatima September 1, 2026
Roshan Digital Account investment reaches $13.9 billion
Posted inFinTech & TradFi

Banks Facing $256 Million Fee Bill for Incoming Foreign Transfers

Pakistani commercial banks could face approximately $256 million in fees during the current fiscal year for processing incoming workers' remittances through overseas correspondent banks. The financial burden follows the government's…
Posted by Zara Fatima August 31, 2026
Askari Bank President and CEO Zia Ijaz receives the Best Mid-Sized Bank award at the 11th Pakistan Banking Awards.
Posted inFinTech & TradFi

Askari Bank Secures Top Mid-Sized Category Award at 11th Pakistan Banking Awards

Askari Bank has been recognized as the Best Mid-Sized Bank at the 11th Pakistan Banking Awards, sharing the category's top honor with Faysal Bank. The award was presented in Karachi…
Posted by Zara Fatima August 30, 2026
aik Digital launches aik Connect as Pakistan’s first Shariah-compliant Open Banking and Banking-as-a-Service gateway.
Posted inFinTech & TradFi

aik Digital Launches Pakistan’s First Shariah-Compliant Open Banking Gateway

aik Digital has launched aik Connect, described as Pakistan’s first Shariah-compliant Open Banking and Banking-as-a-Service (BaaS) gateway, aimed at making financial technology integrations faster and more streamlined. The platform is…
Posted by Zara Fatima August 30, 2026

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