Tag: Pakistan Banks Association

Pakistan's banking industry and SBP have launched Pasban Remittance Rewards, offering Rs. 4 billion in quarterly prize draws for formal remittances from January 2027.

Over 100 banking sector CXOs attended a Pakistan Banks Association session on WASL, the country's national data exchange layer, and its use cases for banking.

Pakistan Banks Association congratulates winners of the 11th Pakistan Banking Awards 2026, recognizing excellence across banking, digital banking, agriculture and microfinance.

The Pakistan Banks Association and 1LINK collaborate in a high level meeting to accelerate financial tech innovations and boost the domestic PayPak ecosystem.

The Pakistan Banks Association marks a major financial milestone as the government successfully executes its inaugural Renminbi denominated capital market transaction in Beijing.

Karandaaz Pakistan collaborates with Pakistan Banks Association and the Ministry of Finance to host the second edition of Impact Finance Training 2026 in Karachi.

Adnan Pasha Siddiqui announces that Pakistan is creating a policy framework to mobilize outcome linked private capital for social, economic, and climate outcomes.

Banks in Pakistan are requesting the government to defer newly imposed tax deductions on e-commerce payment gateways and merchants, citing the lack of readiness in automated tax collection mechanisms and technical infrastructure.

The Pakistan Banks Association warns that the new e-commerce tax proposed in the Finance Bill 2025 may be unworkable without clearer guidelines, proper infrastructure, and an implementation timeline. Banks and other stakeholders cite ambiguity around tax rates, definitions, and intermediary roles as major challenges.