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KARACHI: The State Bank of Pakistan (SBP) has remitted Rs1,932 billion to the federal government as profit for 2025-26, helping reduce its dependence on large domestic borrowings.
With the easing of monetary policy, the central bank’s profitability is also declining. From a peak of 22pc a few years ago, the benchmark interest rate has been reduced in intervals to 11.5pc. However, rising energy prices due to tensions in the Middle East have once again heightened inflationary pressures.
The SBP issued its Annual Financial Statements on Thursday, reporting that the bank earned a profit of Rs1,990bn in FY26.
“During the year, the SBP earned a net profit of Rs1,990bn. After accounting for appropriations as required under the accounting framework and statutory requirements, the surplus profit of Rs1,932bn has been remitted to the federal government,” said the central bank.
