Tag: Sbp
SBP may raise cut-off rates as govt borrowing continues
The central bank might be forced to increase the cut-off rates to continue borrowing from the scheduled banks, economic observers said on Thursday.
According to...
Wathra appointed as deputy governor SBP
The federal government appointed Ashraf Mahmood Wathra as deputy governor of the State Bank of Pakistan (SBP), for a period of three years from...
‘Economy able to navigate through deep waters’
State Bank of Pakistan (SBP) Governor Yaseen Anwar on Tuesday said the country's economy has the ability to navigate through deep waters.
"I’m excited...
SBP reformats data submission for banks’ unclaimed deposits
The central bank on Monday notified banks and Development Finance Institutions (DFIs) about its decision to revise the format for uploading unclaimed deposits or...
Lack of quorum on Central Board puts governance in question at...
If lack of quorum on the board of directors is any criteria the State Bank of Pakistan (SBP) would stand tall among the country’s...
SBP pours Rs 460b into banking system to replenish liquidity
The cash-strapped government seems to have sucked up all of the liquidity available with banks, which are nowadays showing unusual restraint in investing in...
SBP injects Rs460 billion in money market
The State Bank of Pakistan on Friday injected Rs460 billion into the money market through a 7-day reverse repo to help banks meet their...
Banks lend Rs 2.8b under SBP’s CGS with 1 to 3%...
The central bank’s (SBP) Credit Guarantee Scheme (CGS) has helped small enterprises and farmers to access bank financing worth Rs 2.83 billion over the...
Maturities of forward import cover and L/C must coincide: SBP
The central bank Tuesday clarified to the authorized dealers that in all cases the maturity of the forward contract against import should coincide with...
SBP, banks playing cat and mouse over heavy-yielding government papers?
If participation in the central bank’s open market operations, ranging from mop-up to injection activities, is any criteria the regulator and the commercial banks...
SBP invites complaints against exchangers exceeding 25 ps limit
The State Bank of Pakistan (SBP) Thursday advised the general public that they may lodge their complaints with it (SBP), if the difference between...
SBP to auction govt securities online
The State Bank of Pakistan (SBP) Thursday announced that the auction of treasury bills and Pakistan Investment Bonds (PIBs) would be conducted online via...
FBR, SBP to provide ECP data on tax, loan records of...
In a major development, the Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) have agreed to provide all details of tax...
ECP to discuss details on tax defaulters in meeting with FBR,...
Aiming to bar bank defaulters and tax evaders from taking part in the forthcoming general elections, the Election Commission of Pakistan (ECP) is going...
State Bank of Pakistan needs to clear the air
Monday was a turbulent day in the bond markets of Pakistan. There was a lot of confusion amongst the bond market traders regarding the...
SBP Governor’s Cup Cricket from 9th
The 9th State Bank Governor's Cup Cricket Tournament will roll into action from February 9-18 at Lahore’s three prominent grounds. Director Finance Nazar...
policy rate to stay at 9.5 %: SBP
Terming macroeconomic conditions in the country as weakening during the first half of FY13, the central bank on Friday decided to keep the discount...
