SBP

SBP unveils licensing and regulatory framework for digital banks

KARACHI: The State Bank of Pakistan (SBP) on Monday unveiled a licensing and regulatory framework… Read More

4 years ago

Banks to remain shut for public on Monday: SBP

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday,… Read More

4 years ago

Foreign exchange: SBP reserves down by $298m to $17.86b

KARACHI: The foreign exchange reserves held by the central bank fell 1.64 % during the… Read More

4 years ago

Banks to stay open on Dec 30-31

KARACHI: In order to facilitate collection of government receipts, duties and taxes, the State Bank… Read More

4 years ago

SBP foreign exchange reserves fall $415mn to $18.15bn

KARACHI: The foreign exchange reserves held by the central bank fell 2.23% during the week… Read More

4 years ago

Cryptocurrency legal status: LHC orders SBP to hold consultative sessions

LAHORE: The Lahore High Court (LHC) has directed the State Bank of Pakistan (SBP) to… Read More

4 years ago

Pakistan’s foreign reserves decline by US$90 million: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday shared that the liquid foreign reserves… Read More

4 years ago

Monetary policy: SBP jacks up interest rate by 100 basis points to 9.75%

KARACHI: The State Bank of Pakistan’s (SBP) Monetary Policy Committee on Tuesday increased interest rate… Read More

4 years ago

SBP’s ‘Asaan Mobile Account’ initiative: All you need to know

The State Bank of Pakistan (SBP) has announced to launch a new initiative, named as… Read More

4 years ago

SBP forex reserves rise $2.65bn to $18.66bn

KARACHI: The foreign exchange reserves held by the central bank rose 16.6% during the week… Read More

4 years ago

Policy rate on pension, other savings raised following SBP orders

ISLAMABAD: Policy rates on pension and other saving schemes in the country have been raised,… Read More

4 years ago

Foreign reserves decline by US$ 244 million: SBP

ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday shared that the foreign exchange reserves… Read More

4 years ago

Pakistan expects $3 bn reserves deposit from Saudi in days

Saudi Arabia will deposit $3 billion in Pakistan's foreign reserves in a week or so… Read More

4 years ago

Saudi Arabia, Pakistan sign accord for US$3 bn deposit: SBP

KARACHI: Saudi Arabia has signed an agreement with Pakistan for depositing US$3 billion in the… Read More

4 years ago

SBP forex reserves fall $691mn to $16.3bn

KARACHI: The foreign exchange reserves held by the central bank decreased $691 million on a… Read More

4 years ago

Bank deposits witness hike by 13.2pc in 10 months of 2021: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced a record 13.2 percent hike… Read More

4 years ago

SBP tightens regulatory, consolidates authority over financial institutions

KARACHI: The State Bank of Pakistan (SBP) has on Monday revised the Corporate Governance Regulatory… Read More

4 years ago

Interest rate for bank consumers on saving accounts hiked: SBP

KARACHI: State Bank of Pakistan (SBP) Monday announced that bank consumers would be receiving at… Read More

4 years ago

SBP issues clarification on inflation target and forecast

KARACHI: The State Bank of Pakistan (SBP) clarified on Monday that the central bank's average… Read More

4 years ago

SBP, FIA mull joint strategy to fight all white collar crimes

KARACHI: The central bank governor has hosted Saturday the federal investigation agency director-general and banks’… Read More

4 years ago