Business
Meezan Bank approves PKR 49 billion housing finance under Apna Ghar
Bank says 6,880 applications have been approved, while 1,000 families had received PKR 7.34 billion in financing by September 30
Oct 12, 2026
Oct 12, 2026
Bank says 6,880 applications have been approved, while 1,000 families had received PKR 7.34 billion in financing by September 30
Pakistan raised PKR 3.14 trillion through sovereign sukuk in FY26 as Islamic mutual funds outnumbered conventional funds for the first time, SECP says
Government aims to support 125,000 housing units as Shehbaz Sharif presses banks to speed up disbursements and expand SME and agricultural lending
Overseas borrowers have raised 115.5 billion yuan this year as low Chinese interest rates and easier cross-border rules expand yuan financing
PIB yields near 12.5% offer a wide nominal premium over Gulf benchmark rates, though currency and repatriation risks remain key constraints
Fund questions preferential treatment for EVs and their parts under draft auto policy as government considers changes before final approval
Special Savings sees largest increase of 74 basis points, while three-month short-term savings rate falls by 6 basis points
Government exceeds PKR700 billion target as three-, six- and 12-month cutoff yields rise by 49–75 basis points
About 5.2 million Tax Year 2026 returns have been filed as business groups and tax professionals press the government for additional time
Pasban Remittance Reward Scheme offers quarterly cash prizes to eligible recipients, with the first PKR 4 billion draw set for January 15, 2027
Naya Pakistan Certificates contributed USD 629.76 million, while multilateral financing reached USD 590.96 million and commercial borrowing totaled USD 300 million
Small businesses can use the Shamil Kar Tajir app to finance purchases from approved suppliers as SECP seeks to widen access to formal credit
The real effective exchange rate edged higher in August, with an analyst warning that sustained real appreciation could pressure exports despite a stable rupee
Competitive bids topped PKR 1.3 trillion for the PIB floating rate buyback auction as Pakistan's early debt retirement push nears PKR 6.5 trillion
An updated economic outlook by BMI (Fitch Solutions) forecasts the Pakistani rupee will maintain stability around PKR 278 per US dollar through 2026, supported by elevated interest rates, a $3 billion Eurobond issuance, and improved foreign-exchange reserves despite risks from high oil prices
Inflows reached USD 7.29bn in the first two months of FY27, up 15% from a year earlier, with Saudi Arabia remaining the largest source
National Savings profit rates were cut by up to 36 basis points on pension, Behbood and income products, while one-year certificates rose
Pakistan ranks in just the 18th percentile on governance indicators, one of several risk factors shaping its new bond's rating.
Pakistan's new dollar bond carries five and 10-year tranches, building on its $750m return to markets in April after a four-year gap.
Finance Minister Muhammad Aurangzeb chaired the first meeting of Pakistan's Access to Finance Steering Committee to expand affordable credit access
