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SBP’s foreign exchange reserves up by $18.5m to $8.04b

The foreign exchange reserves of the State Bank of Pakistan (SBP) were up by $18.5 million to hit $8.04 billion during the week ended...

SBP directs commercial banks to open accounts of mosques

State Bank of Pakistan (SBP) wrote letters to heads of commercial banks on Thursday directing them to open accounts for mosques, ARY News reported. The...

Deposits at commercial banks reach all-time high, cross Rs17.955 trillion: SBP

The deposits at the commercial banks saw an increase of Rs 394 billion in May 2021.

Sindh govt plans insurance of crops from commercial banks, companies

However, the Sindh government has stepped back from its previous insurance plan by utilising its own funds and decided to get insurance of the crops from commercial banks and insurance companies.

SBP imposes collective fine of Rs1.68 billion on 15 banks

They were imposed fines over a failure to record customers' data and violating foreign exchange laws

Syria’s Aleppo reels from air strikes, UN chief ‘appalled’

ALEPPO: UN chief Ban Ki-moon said Saturday he was "appalled by the chilling military escalation" in Syria's battleground city of Aleppo where residents cowered indoors as air strikes toppled buildings and killed at least 45 civilians.

SBP eases used car financing age limit from 5 to 9 years

KARACHI: The State Bank of Pakistan (SBP) increased the age limit up to nine years for the cars that can be financed through commercial banks, ARY News reported.
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