As an industry-first initiative, Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully graduated 13 women-led enterprises from its 'Women Inspirational Network (WIN) Incubator Program' after equipping them with essential skills, financial literacy, and digital tools to upscale their startup, build business resilience, and foster sustainable growth. A vibrant graduation...
KARACHI: In open market, today, the rate of Saudi Riyal remained unchanged against Pakistani rupee, where 1 SAR = Rs.74. 63 on Monday, March 10, 2025. The Riyal is also selling at higher rates as it is on sale by some exchange companies at Rs75. Forex Association of Pakistan reported that rupee closed...
On March 10, 2025, the Monetary Policy Committee (MPC) of the State Bank of Pakistan decided to keep the policy rate steady at 12%, reflecting a cautious approach to balancing inflation control and economic growth. The decision comes as headline inflation dropped to a surprising 1.5% in February 2025, driven...
Life is full of dreams—buying an electric bike, studying at your dream university, traveling to new places, or giving your home a fresh look. But sometimes, money can feel like a roadblock. That’s where Bank Alfalah Pehchaan Finance steps in to make things easier! This special personal loan offers a...
Are you a student in Pakistan looking for a hassle-free banking solution tailored to your needs? The Meezan Asaan Student Account might just be the perfect fit. Designed exclusively for students aged 18-24, this account offers a seamless, Shariah-compliant banking experience with a standout perk: a free debit card upon...
The exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) saw a slight fluctuation in the open market today, March 8, 2025. The SAR was trading at Rs75.00, according to market reports. While the exchange rate held at Rs75.00, the selling rate for the Riyal experienced a...
The Pakistan Rupee (PKR) remains stable against the US Dollar (USD) as of March 06, 2025, with the interbank closing rate recorded at 279.82 PKR, reflecting a marginal appreciation of 0.02% from 279.87 PKR on March 05, 2025. According to the State Bank of Pakistan(SBP), This slight uptick indicates a...
Pakistan's leading digital microfinance institution, Mobilink Bank, has solidified its standing as a trailblazer in women's financial inclusion and economic empowerment by winning the 'CMO Marketing Campaign' Award at the GSMA Global Mobile (GLOMO) Awards during Mobile World Congress 2025. The award recognizes Mobilink Bank's groundbreaking campaign - The Invisible...
Pakistan’s gold market experienced a dramatic surge on Tuesday, aligning with bullish trends in the global economy. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola soared by an impressive Rs4,800, landing at Rs306,300. This sharp climb reflects growing demand and economic...
Karachi, March 5, 2025 – Payoneer, a global fintech leader empowering small and medium-sized businesses (SMBs), has teamed up with Meezan Bank, Pakistan’s premier Islamic bank, to streamline international payments for the country’s entrepreneurs, freelancers, and SMBs. The partnership was sealed during a signing ceremony at Meezan Bank’s Head Office,...
The State Bank of Pakistan (SBP) has released the official schedule for office and business hours to be observed during the holy month of Ramadan-ul-Mubarak 1446 A.H. (2025). These timings will be followed by the State Bank of Pakistan, as well as all banks, Development Finance Institutions (DFIs), and Microfinance...
The State Bank of Pakistan (SBP) has announced that all banks, development finance institutions (DFIs), and microfinance banks (MFBs) will remain closed to the public on Monday, March 3, 2025. This day will be observed as a “Bank Holiday” to facilitate the deduction of Zakat, following guidelines from the Ministry...
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