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Importers and Exporters Gain Direct Digital Access as PSW Rolls Out Mobile App

Importers and Exporters Gain Direct Digital Access as PSW Rolls Out Mobile App

Pakistan Single Window (PSW) launched its official mobile application on Wednesday, marking a major step forward in digitizing cross-border trade management across the country. Designed to expand PSW’s existing digital ecosystem, the app provides importers, exporters, customs clearing agents, and trade stakeholders with secure, on-the-go access to essential trade services directly from their smartphones. Read…

Provisioning Surge Drives 16% Profit Drop in Pakistan Banking Sector

Provisioning Surge Drives 16% Profit Drop in Pakistan Banking Sector

Pakistan’s commercial banking sector is projected to experience a quarterly profit contraction in the second quarter of 2026, driven by a sharp escalation in provisioning costs, compressed interest margins, and normalized non-funded income. According to an industry analysis by Optimus Capital Management, the sector’s profit after tax (PAT) is expected to decline 16 percent quarter-on-quarter…

UBL Unveils Landmark PKR 40 Billion National Initiatives Target Agriculture, Higher Education, and Microfinance Sector

UBL Unveils Landmark PKR 40 Billion National Initiatives Target Agriculture, Higher Education, and Microfinance Sector

United Bank Limited (UBL), Pakistan’s largest financial institution by deposits, announced three national development initiatives on Wednesday, committing up to PKR 40 billion toward high-impact socio-economic sectors. Designed to extend beyond traditional commercial banking, these long-term commitments prioritize agricultural modernization, world-class university education, and financial sector stabilization. Read More: https://corpcurrent.com/pakistan-and-imf-review-eff-and-rsf-reform-progress-amid-high-level-washington-meetings/ To transform Pakistan’s farming value…