The State Bank of Pakistan (SBP) earned nearly Rs. 2 trillion in profit during FY26, despite a 20% decline from the previous year.
According to the central bank’s financial statements, SBP posted a net profit of Rs. 1,992 billion in FY26, compared with Rs. 2,499 billion in FY25, marking a year-on-year decrease of Rs. 507 billion.
The decline was largely linked to lower interest income. SBP earned Rs. 1,905 billion from interest-related income during FY26, down from Rs. 2,581 billion a year earlier.
However, income from other sources improved significantly. SBP generated more than Rs. 153 billion from commissions, exchange gains, dividends and operating income during the year, compared with a combined loss of Rs. 24 billion from these sources in FY25.
The central bank’s administrative and other expenses also increased to Rs. 46 billion from Rs. 38 billion.
Meanwhile, SBP’s total assets expanded to Rs. 28,732 billion by the end of FY26, compared with Rs. 26,381 billion a year earlier. Total liabilities increased to Rs. 22,696 billion from Rs. 20,434 billion.
After accounting for required appropriations under the applicable accounting and statutory framework, SBP’s surplus profit stood at Rs. 1,932 billion.
The entire surplus was remitted to the Federal Government.
SBP has published its financial statements and auditors’ report for the year ended June 30, 2026, and submitted the documents to the Federal Government and Parliament in accordance with Section 40(3) of the State Bank of Pakistan Act, 1956.
