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Pakistan's M2 money supply declines 6% in the opening weeks of FY2027 amid slower banking system asset growth.
Posted inFinTech & TradFi

Pakistan’s M2 Money Supply Falls 6% at Start of FY27

Pakistan's broad money supply (M2) declined by 6% during the opening weeks of fiscal year 2027, according to data from the State Bank of Pakistan (SBP). The contraction points to…
Posted by Zara Fatima August 8, 2026
NayaPay recognized at the Asian Banking and Finance Awards for expanding digital financial services in Pakistan.
Posted inFinTech & TradFi

NayaPay Recognized at Asian Banking and Finance Awards for Digital Financial Inclusion

NayaPay has been recognized at the Asian Banking and Finance Awards for expanding access to digital financial services among underserved communities in Pakistan. The recognition highlights NayaPay's role in broadening…
Posted by Zara Fatima August 8, 2026
Punjab government offers interest-free loans of up to Rs. 1 million under the Parwaaz Card program for overseas employment costs.
Posted inFinTech & TradFi

Punjab Offers Interest-Free Loans Up to Rs. 1 Million Under Parwaaz Card

The Punjab government is offering interest-free loans of up to Rs. 1 million under its Parwaaz Card program, providing financial support to eligible residents seeking employment opportunities overseas. The initiative…
Posted by Zara Fatima August 7, 2026
SECP registers a record 5,438 new companies in Pakistan in July 2026, the highest monthly incorporation figure in history.
Posted inFinTech & TradFi

SECP Registers Record 5,438 New Companies in July 2026

The Securities and Exchange Commission of Pakistan (SECP) registered a record 5,438 new companies in July 2026, marking the highest monthly number of company incorporations in Pakistan's history. The record…
Posted by Zara Fatima August 6, 2026
SBP raises the exposure limit for unrated large private-sector borrowers from Rs. 3 billion to Rs. 10 billion.
Posted inFinTech & TradFi

SBP Raises Unrated Borrower Exposure Limit to Rs. 10 Billion

The State Bank of Pakistan (SBP) has increased the aggregate exposure limit for unrated large private-sector borrowers from banks and development finance institutions (DFIs) to Rs. 10 billion, up from…
Posted by Zara Fatima August 5, 2026
SECP approves HugoBank pilot operations and a Rs. 1.5 billion equity injection to strengthen its digital banking capital base.
Posted inFinTech & TradFi

SECP Approves HugoBank Pilot Operations, Rs. 1.5 Billion Capital Injection

The Securities and Exchange Commission of Pakistan (SECP) has allowed HugoBank Limited to commence pilot operations in Pakistan while approving a fresh Rs. 1.5 billion equity injection. The new capital…
Posted by Zara Fatima August 5, 2026
NITB's PAK App facilitates Rs. 3.27 billion in government collections through digital payments in July 2026.
Posted inFinTech & TradFi

PAK App Facilitates Rs. 3.27 Billion in Government Collections in July

The National Information Technology Board's (NITB) PAK (Pakistan Asaan Khidmat) App facilitated more than Rs. 3.27 billion in government collections during July 2026, highlighting the growing adoption of digital payment…
Posted by Zara Fatima August 4, 2026
1LINK proposes mandatory PayPak cards for government salary accounts, subsidies, and public sector payments in Pakistan.
Posted inFinTech & TradFi

1LINK Proposes Mandatory PayPak Cards for Government Payments

1LINK has proposed making PayPak cards mandatory for government employees' salary accounts, subsidy programmes, and other public sector payments as part of an effort to reduce Pakistan's reliance on international…
Posted by Zara Fatima August 3, 2026
ABHI Microfinance Bank announces plans for a Pakistan Stock Exchange IPO to raise Rs. 2–3 billion for expansion
Posted inFinTech & TradFi

ABHI Microfinance Bank Plans PSX IPO to Raise Up to Rs. 3 Billion

ABHI Microfinance Bank Ltd. has announced plans to launch an Initial Public Offering (IPO) on the Pakistan Stock Exchange (PSX), targeting Rs. 2–3 billion to fund its next phase of…
Posted by Zara Fatima August 2, 2026
Participants at the UBL shareholders approve up to Rs. 22 billion equity investment in Khushhali Microfinance Bank.
Posted inFinTech & TradFi

UBL and NIC Karachi Launch National Innovation Hackathon 2026

The National Incubation Center (NIC) Karachi, an Ignite-funded initiative under the Ministry of Information Technology & Telecommunication (MoITT), has partnered with United Bank Limited (UBL) to launch the UBL National…
Posted by Zara Fatima August 2, 2026

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