Karachi: The Chairman of Pakistan Banking Summit (PBS) 2026 Atif Bajwa on Saturday said that the Pakistan Banks Association (PBA) is going to organize second edition of the Pakistan Banking Summit 2026 from July 7 to 8 at a local hotel.
Addressing a Pre-Summit Press Conference along with Chairman of Pakistan Banks Association (PBA) Zafar Masud at Islamic Chambers of Commerce and Development, the PBS Chairman said that the two-day Summit is the continuity of last year’s summit.
He said that the purpose of the Summit is inclusivity and to bring together the banks at one platform. The Summit will also highlight the importance of the banking sector in the country and it will bring policymakers, bankers, international experts, etc.
Bajwa said that the banking sector is trying its best to grow the economy and he hoped that there is the optimism for the future of the country.
‘We want to execute policies of the government along with the government and State Bank of Pakistan (SBP),’ he said, adding that we have made a significant breakthrough in this regard.
Speaking on the Regional Developments and their impacts on the economy of the country, the PSA Chairman, Atif Bajwa, said that the recent regional developments due to Iran situation have changed the challenges being faced by the country.
He said that the federal government is focusing on digitalization and a cashless economy and the banking sector is also considering it. He said that the government has given another responsibility of remittances to manage them and the banking sector will try to manage it in a befitting manner by keeping in view current challenges.
Replying to a question on Islamic banking, he said that Islamic conversion is a good thing and it is also a direction from the government.
The Chairman of Pakistan Bank Association (PBA) Zafar Masud, on the occasion said that the Finance Minister, Sindh Governor and Ministers will be attending the Summit.
Replying to a question, he said that Rs1.8 trillion has been injected into private credit by the banking sector.
Answering a question, he said that the claims of representation of India in its cashless economy are as they always create hype rather than the reality.