SBP Launches ‘InvestPak’ Portal for Digital Investment in Govt Securities

The State Bank of Pakistan has introduced a new web portal, InvestPak, to digitalize investment in government securities. The platform will allow individuals and corporate customers with PKR bank accounts to open Investor Portfolio of Securities accounts, place bids in government bond auctions, and trade securities online. The service will be available from November 6 and can be accessed via the web and mobile application. The central bank has directed all commercial banks and primary dealers to support customer onboarding. Microfinance banks have also been encouraged to enable access for their account holders. The aim is to eliminate the physical paperwork and branch visits that currently delay account activation and investment transactions. Under the new system, investors will be able to participate in government securities auctions directly. They may submit competitive or non-competitive bids through the portal. Secondary market trading will also be enabled, with banks required to provide binding buy and sell quotes during business hours. The portal also offers a unified interface for customers holding multiple IPS accounts across different banks. Banks will be required to process onboarding requests within 48 hours and provide reasons for any rejections, which will be monitored by the State Bank. The system also includes automated portfolio updates and a complaint management function for user support. The State Bank has described InvestPak as a key step in widening public access to Pakistan’s government securities market. By reducing reliance on physical processes and intermediaries, the regulator aims to deepen retail participation, improve transparency, and support broader financial inclusion.