Most of Pakistani Bank Accounts Holders Has Less than 50,000 PKR

It is reported by some news websites, including ProPakistani, that only around 3% of bank account holders in Pakistan hold more than PKR 1 million, according to data from the country’s central bank.

Most account holders in Pakistan have much smaller balances. Over 70% of accounts in commercial banks have less than PKR 50,000, and around 26% fall between PKR 50,000 and PKR 1 million.

If we break it down further, around 51% of bank accounts carry less than Rs. 5,000, while another 20% have between Rs. 5,000 and Rs. 50,000.

Pakistan’s risk of defaulting on its external debt has dropped and has been reduced to 47%, making it one of the best performers globally in this area due to much-needed reforms and commitment to the IMF program.

In its latest report for the third quarter of fiscal year 2025, published by the State Bank of Pakistan (SBP), it shared that digital payment methods are up by 89% of all retail transactions by volume in Pakistan. Banking through mobile apps has been a big driver of this shift.

Retail payments grew by 12%, reaching 2.4 billion transactions in total. The overall value of these transactions hit Rs. 164 trillion.