Tag: SBP regulations

ABHI Microfinance Bank Achieves Record Break Profitability in Financial Turnaround

ABHI Microfinance Bank Limited records highest ever profit after tax of PKR 1.019 billion in 2025 reversing consecutive loss cycles with strong digital expansion.

NIFT and Blockverse Sign Strategic Agreement to Explore Blockchain Integration in Pakistan Financial Infrastructure

NIFT and Blockverse collaborate to evaluate Distributed Ledger Technology for secure and transparent financial services within Pakistan’s regulated banking framework.

Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25

Starting October 25, 2025, the State Bank of Pakistan will block all digital bank accounts and mobile wallets without biometric verification, as part of its new framework to enhance financial security, transparency, and compliance across the country’s banking ecosystem.