Tag: Sbp
SBP to announce monetary policy on Monday
KARACHI: The State Bank of Pakistan (SBP) will announce its Monetary Policy on Monday (today).
According to analysts, the interest rate is likely to be...
Dams fund receives Rs10.36 billion: SBP
ISLAMABAD: The Prime Minister and Chief Justice of Pakistan Diamer Bhasha and Mohmand Dam Fund has so far received Rs10.36 billion.
The countrywide contribution to...
Central bank raises interest rate to 10.75%
KARACHI: The State Bank of Pakistan (SBP) on Friday increased the policy rate by 50 basis points, raising it to 10.75 per cent.
A SBP...
SBP issues instructions regarding Afghan refugee bank accounts
KARACHI The State Bank of Pakistan has issued a circular advising banks/development finance institutions (DFIs) that they may accept PoR Card issued by National Database...
Rs9bn collected in dams fund so far
ISLAMABAD: Prime Minister and Chief Justice of Pakistan's (CJP) Diamer-Bhasha and Mohmand Dams Fund has so far received over Rs9 billion.
According to an update issued...
SBP denies providing PTI’s ‘undeclared’ bank accounts to ECP
KARACHI: The State Bank of Pakistan (SBP) on Thursday categorically denied a news item claiming that the ruling Pakistan Tehreek-e-Insaf (PTI) has 18 undeclared...
UAE decides to bolster Pakistan’s forex reserves with $3bn
--ADFD says will 'deposit amount in coming days to enhance liquidity and monetary reserves of foreign currency at SBP'
--PM Imran thanks Emirates for 'supporting Pakistan...
Rs8bn contributed to dams fund so far: SBP
Pakistanis in the country and from across the world have so far donated Rs7.97 billion for Diamer-Bhasha and Mohmand Dams fund.
According to an update...
Cyber-hacking shocks
Banks pay for obsolete security and casual approach
Time was when a bank meant a solid institution providing absolute financial security, which one...
SBP announces to issue Sir Syed commemorative coin
The State Bank of Pakistan (SBP) announced issuing of a Rs50 Sir Syed Ahmed Khan commemorative coin from October 17, the birth anniversary of...
Cabinet set to approve forensic audit of all mass transit systems
--Lahore’s Metro Bus & Orange Line Train, Karachi’s Green Line, BRT of Peshawar to come under scanner
--Assets Recovery Unit on top agenda in PM...
SBP denies reports of change in currency notes
The State Bank of Pakistan (SBP) on Saturday denied reports of a change in currency notes, clarifying that banknotes in the county have not...
IHC bins petition challenging SBP governor’s appointment
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday dismissed a petition challenging the appointment of State Bank of Pakistan (SBP) Governor Tariq Bajwa.
The petition,...
Dams implementation committee’s first meeting held
SC orders efficient fundraising campaign
MIRPUR: In the wake of the Supreme Court (SC) of Pakistan’s historic judgement of July 4 aimed at expediting...
SBP sends list of 100 defaulters to ECP
The State Bank of Pakistan (SBP) on Monday sent a list of 100 candidates to the Election Commission of Pakistan (ECP) after identifying them...
SC orders SBP to submit report on foreign currency transactions
--Top court asks central bank to submit sealed report within seven days on all transactions above $50,000 made during 2017-18
ISLAMABAD: The Supreme Court (SC)...
CJP vows to get money back from those who had loans...
ISLAMABAD: Chief Justice of Pakistan (CJP) Mian Saqib Nisar said on Thursday that he would penalise and retrieve money from those who got their loans written...
