Affairs

Branchless banking (BB) transactions have crossed the 1 billion mark in a single quarter for the first time ever, according to the latest number released by the State Bank of Pakistan (SBP).

Among these, bill payments and mobile top-ups account for …

Remittances sent by overseas Pakistanis surged by over 30 percent to $2.95 billion in March 2024 compared to inflows of $2.25 billion registered in the previous month.

On a year-on-year basis, the remittances in March 2024 were 16 percent higher com…

The State Bank of Pakistan (SBP) has rolled out a facilitation framework for BISP Beneficiaries for crediting financial assistance directly into their bank accounts.

Under the framework, about 9.3 million BISP beneficiaries will be able to open a ‘B…