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📖 SECP Warning Against Fake Loan Apps in Pakistan Biography
In Pakistan, the popularity of mobile fake loan apps has grown rapidly over the past few years. These apps promise quick cash without visiting a bank, minimal documentation, and fast approval. However, along with genuine and regulated loan providers, many fake loan apps have also entered the market and they are not only exploiting borrowers financially but also misusing their personal data. To protect the public, the Securities and Exchange Commission of Pakistan (SECP) has repeatedly issued strong warnings, blocked several illegal apps, and taken legal action against the companies behind them. This article explains in detail what the SECP has warned about, how these fake apps work, what risks they bring, and how you can identify and report them. The Rise of Digital Loan Apps…
Full profile →📖 SECP Adds 3 Biography
The Securities and Exchange Commission of Pakistan (SECP) registered 3,881 companies in January 2026, increasing the total number of registered entities to 283,540. The newly incorporated firms brought a combined paid-up capital of Rs 8.4 billion. Nearly all registrations — 99.9 percent — were completed through the SECP’s online filing system, reflecting continued reliance on digital incorporation. Investment & Capital: The new incorporations contributed a cumulative paid-up capital of Rs 8.4 billion. Notably, 82 companies attracted foreign investment from countries including China, the US, and the UK. Registration Mode: Demonstrating high digital adoption, 99.9% of these registrations were completed online via the SECP's eZfile system. Corporate Structure Private Limited Companies: 59% Single-Member Companies: 38% Others: 3% (Public unlisted, NGOs, and…
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