State Bank of Pakistan has announced a three-day public holiday schedule from May 26 to May 28, 2026, in observance of Eid-ul-Adha across the country. The central bank confirmed that all its offices will remain closed from Tuesday to Thursday as part of the official holiday arrangements issued ahead of the religious occasion. According to […]
Pakistan banks
Pakistan banks shift focus from private lending to government debt
Pakistan’s banking sector has significantly reduced lending to businesses, with private sector credit now accounting for only 22 percent of total assets as of March 2026. This shift reflects a growing preference among banks to finance government borrowing, as they seek lower-risk investment opportunities and stable returns in an uncertain economic environment. Total banking assets […]