Tag: Sbp
Double-edged sword hangs over SBP
The economic observers foresee the headline inflation for FY12 setting around 11.2 percent due primarily to active liquidity management by the central bank and...
SBP allows Bank of Tokyo-Mitsubishi to work as NMI
The State Bank of Pakistan (SBP) has allowed the Bank of Tokyo-Mitsubishi UFJ to conduct derivatives business (FX Options only) as Non-Market Maker Financial...
Economy showing signs of modest improvement: SBP
‘Half way into FY12, the economy is showing signs of a modest improvement. Preliminary data indicates that the commodity producing sector, especially agriculture, is...
Salaries, pensions, other G2P transfers via branchless banks soon, says SBP
The central bank is in the final stages of formulating the regulatory framework for interoperable mobile banking system. Also, the State Bank expects that...
SBP conveys regret over autonomy bill
Having shown what the sources called indirect regret over the recent legislation envisaged to make it more autonomous, the central bank is reported to...
Branchless banking expands by 16pc in 2QFY12: SBP
The branchless banking network in country expanded by 16 percent during the second quarter, October-December 2011, of the current fiscal year (FY2011-12) to reach...
SBP must stay ahead of counterfeiters to protect integrity of currency,...
Governor State Bank of Pakistan (SBP) Yaseen Anwar has said the main goal of security printing for the central bank is to prevent forgery,...
SBP BSC, bank branches to remain open
The State Bank of Pakistan has announced that the SBP Banking Services Corporation and all its field offices will remain open on February 29,...
Remittances show 21.54% increase: SBP
Overseas Pakistani remitted an amount of $7,435.98 million in the first seven months of on going fiscal year2011-12 showing an increase of 21.54 per...
SBP keeps policy rate unchanged
Terming financing of country’s fiscal and external current account deficits as a basic challenge, the central bank Saturday kept the discount rate unchanged at...
SBP would keep policy rate at 12 pc for next two...
Governor State Bank of Pakistan, Yaseen Anwar announces the monitory policy in Karachi.
State Bank on Saturday announced that it would keep its key policy...
SBP, ICIEC sign MoU to promote trade, investment
State Bank of Pakistan (SBP) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Monday signed a Memorandum of Understanding...
Government making headway towards improving finances: SBP
Recent fiscal figures show that government has been making some headway towards improving its finances. The budget deficit for the first quarter of FY12...
‘SBP working to revive sports culture in Punjab’
Usman Anwar, Director General Sports Punjab, has said that on the directive of the Punjab Government, SBP is orgainsing Sports Festival 2012 throughout the...
SBP allows banks to write off agri loans in calamity-hit areas
Governor State Bank of Pakistan (SBP) Yaseen Anwar Wednesday said commercial banks were allowed to restructure or write off the existing loans of the...
‘Punjab sound in finances’
The Punjab government’s financial condition has been sound during the first half of 2011-12, a government handout said on Friday. The government released development...
Financial Literacy programmeme to serve interest of financial sector: SBP
Yaseen Anwar, Governor, State Bank of Pakistan has said the Nationwide Financial Literacy programme (NFLP) will work towards improving financial inclusion and also serve...
