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SBP cancels license of Time Exchange Company over violations

Pakistan Observer · Jun 22, 2026, 2:24 PM

Key takeaways

  • As a result, the company—along with its head office and all branches—has been barred from conducting any foreign exchange-related business in any form.
  • Punjab collects record Rs1.6 billion through e-Abiana in single day

Why this matters: local context for readers following news across Pakistan and the region.

The State Bank of Pakistan has revoked the authorization/license of M/s. Time Exchange Company (Pvt.) Limited over serious violations of…

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