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business Updated 25–26 Sep 2026

SBP launches remittance reward scheme with annual cash prizes

HarZaviya summary · from 2 outlets

Most outlets reported the launch of the Pasban Remittance Reward Scheme by the State Bank of Pakistan and highlighted the Rs16 billion in annual cash prizes. ARY News (English) provided slightly more detail, mentioning the market-based nature of the scheme, while Minute Mirror focused on the launch and the governor’s involvement.

Summary generated by HarZaviya from the headlines and excerpts of the 2 outlets below. Each outlet's own headline is listed under it.

How it developed

12 articles · 10 outlets

Sat

SBP launches remittance reward scheme with annual cash prizes

2 outlets
  1. SBP launches Rs16bn remittance reward scheme

    State Bank of Pakistan (SBP) Governor Jameel Ahmad has launched the Pasban Remittance Reward Scheme

  2. ARY News (English) 91% identical

    SBP launches Pasban remittance reward scheme with Rs16 billion in annual prizes

    State Bank of Pakistan (SBP) rolled out the market-based Pasban Remittance Reward Scheme, offering Rs16 billion in annual cash prizes...

Fri

SBP launches Pasban Remittance Reward Scheme with annual cash prizes

8 outlets
HarZaviya summary · from 8 outlets

Most outlets reported the launch of the Pasban Remittance Reward Scheme by the State Bank of Pakistan, highlighting the Rs16 billion in annual cash prizes and the aim to encourage formal remittances from overseas Pakistanis. Some outlets, such as ProPakistani and Profit, specifically emphasized the top prizes, including the Rs100 million and Rs10 lac amounts, while others like The Express Tribune and Business Recorder focused more broadly on the scheme’s market-based nature and implementation. The rollout date and first draw date were mentioned in passing by a few outlets, but not all.

Summary generated by HarZaviya from the headlines and excerpts of the 8 outlets below. Each outlet's own headline is listed under it.

  1. Rs16b cash prizes announced for overseas Pakistanis: Eligibility, first draw date

    KARACHI – The State Bank of Pakistan (SBP) has launched a new reward scheme for overseas Pakistanis, offering annual cash…

  2. Profit 69% identical

    SBP launches Pasban remittance scheme with Rs16 billion annual prizes

    Scheme offers Rs4 billion through 2,521 prizes every quarter, including Rs 100 million top prize; first draw scheduled for January 15, 2027

  3. Business Recorder 71% identical

    SBP launches remittance reward scheme

    KARACHI: The banking industry, under the auspices of the Pakistan Banks Association (PBA), has launched the ‘Pasban Remittance Reward Scheme’, a market-based and sustainable initiative offering Rs16 billion in annual cash prizes to incentivise and reward remittance recipients. Governor State Bank of Pakistan Jameel Ahmad, inaugurated the scheme at the head office on Friday. The scheme is funded...

  4. SBP launches Pasban Remittance Reward Scheme with Rs16 billion in annual prizes

    State Bank of Pakistan (SBP), Friday, rolled out the market-based Pasban Remittance Reward Scheme, offering Rs16 billion in annual cash prizes to recognize and reward remittance customers using banking channels for home remittances sent to Pakistan.

  5. The Express Tribune 66% identical

    SBP launches remittance reward scheme

    Market-based drive offers Rs16b annual prizes to remitters

  6. ProPakistani 72% identical

    Win Rs. 100 Million With New SBP Prize Scheme

    The State Bank of Pakistan’s (SBP) Pasban Remittance Reward Scheme gives eligible remittance beneficiaries a chance to win cash prizes… Read More

  7. Hum News English 71% identical

    SBP launches Pasban scheme with Rs16bn annual prizes for remittance senders

    ISLAMABAD: State Bank of Pakistan Governor Jameel Ahmad on Friday launched the ‘Pasban Remittance Reward Scheme’, under which more than 10,000 overseas (Pakistani) remittance senders will receive cash prizes worth Rs16 billion every year for sending money through formal banking channels. The market-based scheme has been launched by the Pakistan Banks’ Association (PBA) under the stewardship of ...

  8. 24 News HD 69% identical

    SBP launches Pasban Remittance Reward Scheme, rollout from Oct 1

    The State Bank of Pakistan (SBP) on Friday introduced the Pasban Remittance Reward Scheme aimed at encouraging overseas Pakistanis to send more money through formal banking channels, with implementation set to begin from Oct.

12 articles from 10 outlets over 2 developments, 25 Sep–26 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?