Some stories are about growth. Others are about survival. But once in a generation, a story emerges about resurrection. When TPL and Abhi came together to enter the banking space, we were not searching for an easy acquisition. We were stepping into one of the most difficult institutional recovery challenges in Pakistan’s financial sector. FINCA […]
Pakistan banking
SBP allows banks to open accounts for licensed crypto firms
The State Bank of Pakistan (SBP) has permitted banks and financial institutions to open accounts for licensed virtual asset service providers (VASPs), marking a significant shift in the country’s approach to digital assets and crypto currencies. Read More: Pakistan loses $600m to illegal crypto trades The move follows the enactment of the Virtual Assets Act, 2026, under […]
SBP injects Rs1.6tr to ease liquidity pressure
KARACHI: The State Bank of Pakistan (SBP) injected Rs1,603.6 billion into the banking system on Friday through reverse repo purchases and Shariah-compliant Mudarabah-based open market operations (OMO), aiming to sustain adequate liquidity and ensure smooth functioning of money markets. Read More: SBP chief expects broader recovery than IMF forecast According to details released by the central […]
ADR drops to 35pc as banks shift sharply to investments
Pakistan’s banking sector has witnessed a sharp shift away from private-sector lending, with the advances-to-deposits ratio (ADR) falling to just 35 per cent by June 2025, while the investments-to-deposits ratio (IDR) climbed to 100 per cent, according to a new report. Read More: SECP to introduce an alternate dispute resolution mechanism The findings are contained […]