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business Updated 17–18 Aug 2026

SBP cancels Al-Rahim Exchange Company's licence

HarZaviya summary · from 4 outlets

Most outlets reported that the State Bank of Pakistan (SBP) revoked the licence of Al-Rahim Exchange Company with immediate effect. Pakistan Observer did not specify the reason for the cancellation, while Business Recorder explicitly stated that the action was taken due to "serious violations of the central bank’s regulatory instructions."

Summary generated by HarZaviya from the headlines and excerpts of the 4 outlets below. Each outlet's own headline is listed under it.

Same story from 4 outlets

Each outlet's own headline, most recent first — read any at its source.

  1. Business Recorder 80% identical

    SBP cancels licence of exchange company

    KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s Al-Rahim Exchange Company (Pvt) Limited with immediate effect due to serious violations of SBP’s regulatory instructions. Consequently, Al-Rahim Exchange Company, including its Head Office and all constituent branches, is hereby prohibited from undertaking any foreign exchange-related business activities in...

  2. ProPakistani 75% identical

    SBP Bans Another Exchange Company in Pakistan

    The State Bank of Pakistan (SBP) has canceled the authorization and license of Al Rahim Exchange Company (Pvt.) Limited with… Read More The post SBP Bans Another Exchange Company in Pakistan appeared first on ProPakistani.

  3. Pakistan Observer 76% identical

    SBP Cancels Al-Rahim Exchange Company’s Licence

    The State Bank of Pakistan (SBP) has immediately revoked the authorization of M/s Al-Rahim Exchange Company (Pvt.) Limited. According to…

5 articles from 4 outlets, 17 Aug–18 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?