SBP introduces incentive, penalty mechanism to promote housing finance
The mechanism will come into force from December 31 Read More
5 years ago
SBP
Cryptocurrency not legal tender, SBP informs SHC
The hearing was adjourned until November 5 Read More
5 years ago
Country’s current account in surplus for second consecutive month
The current account surplus rose to $508 million and $296 million in July and August… Read More
5 years ago
SBP reserves surge to $12.8bn
The State Bank of Pakistan’s (SBP) net reserves increased by $95 million to $12.8 billion… Read More
5 years ago
Banks disbursed Rs 1,215bn to agriculture sector amid COVID-19: SBP
This is 3.5 percent higher than the amount disbursed in the previous fiscal year. Read More
5 years ago
SBP increases refinancing limit for exporters
The banks will now have overall limits of Rs700 billion for the exporters for the… Read More
5 years ago
SBP raises loan limit for women entrepreneurs under refinance scheme
The fresh incentive is aimed at encouraging women participation in the economy, said the SBP. Read More
5 years ago
Remittances hit record high of $2.76bn in July: SBP
Since the global outbreak of coronavirus in February 2020, remittances have increased by 14.3 per… Read More
5 years ago
SBP extends borrowing limit from banks for housing finance
The borrowing limit was raised after realizing that the existing loan limit was insufficient to… Read More
5 years ago
SBP facilitates businesses to disburse salaries before Eid-ul-Azha
Earlier the banks were required to disburse salaries after the completion of the month under… Read More
5 years ago
SBP sets mandatory targets for banks to extend loans for housing sector
The commercial banks are directed to submit a detailed plan of action with the SBP… Read More
5 years ago
Pakistanis working abroad remit record $2.44 billion in June: SBP
Workers’ remittances increased to a historic high level of $23.12 billion during FY20 Read More
5 years ago
SBP slashes markup rate to 5 percent
KARACHI: The State Bank of Pakistan (SBP) has announced to reduce markup rate on investment… Read More
5 years ago
Pakistan’s foreign exchange reserves rise to $17.97 bn: SBP
State Bank of Pakistan on Thursday released the details of country’s current finances till June… Read More
5 years ago
SBP’s foreign exchange reserves fall by $145.9 million
The country's reserves fell by $45.2m to $16.73bn Read More
5 years ago
SBP reserves fall by $55mn
e total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by… Read More
5 years ago
SBP announces to provide more relief to businesses to avoid layoffs
The State Bank of Pakistan on April 11 launched a refinancing scheme to save hundreds… Read More
5 years ago
Rs30 billion allocated to support bank lending to small businesses
Ministry of Finance and the State Bank of Pakistan have introduced a risk-sharing mechanism to… Read More
5 years ago
SBP says 700 companies have sought cheaper loans to avoid layoffs
The central bank said that so far, the commercial banks have deferred loans of Rs236… Read More
5 years ago
Hospitals can acquire up to Rs500m worth of subsidised loans: SBP
A hospital or medical centre can now acquire up to Rs500 million worth of loans Read More
5 years ago