Tag: Sbp
KSE sheds 81 points on institutional profit-taking ahead of SBP policy
The Karachi stocks market after Thursday’s recovery once again turned bearish and lost 81.27 points on Friday on what the analysts said institutional profit-taking...
SBP cut – a double-edged sword
The stock market has been understandably edgy the past couple of days as the state bank mulls another rate cut, mimicking the regional growth-first...
SBP to follow regional pro-growth trend
The central bank is expected to further cut the discount rate at least by 50 basis points (bps) in line with, what the analysts...
Government’s budgetary borrowing from banks crosses Rs708 billion
Cash-strapped government’s budgetary borrowings from banking system continue to swell and accumulated to Rs708.145 billion during first four months of current financial year.
The amount...
SBP asks banks to automate Capital Adequacy Returns
Central bank, asked the banks and development finance institutions (DFIs) to submit soft copies of their quarterly and annual Capital Adequacy Returns (CARs). State...
SBP pumps Rs338.7b into banking system to run cyclical debt wheel
The central bank on Friday pumped a huge sum of Rs338.700 billion into the money market to cater to the liquidity needs of the...
SBP tightens and revises regulations on exports
The central bank has made it mandatory for the exporters and banks to submit the original duplicate copy of the EE-1 statement to verifying...
Banks bid huge sums for MTBs amid heavy SBP injections
Ongoing frequency in the injection of billions of liquidity into the banking system could well be interpreted as a severe rupee shortfall in the...
Another 50bps rate-cut by SBP on the cards?
Whereas some quarters are critical of the central bank for slashing the discount rate by 1.5 per cent in one go saying the move...
SBP suspends license of exchange firm
The State Bank of Pakistan (SBP) has debarred M/s World Express Exchange Company-B (Pvt.) limited from undertaking any kind of business activity. The central...
SBP injects Rs210.65b in cash-strapped money market
The central bank on Friday kept pumping liquidity into the money market and credited over Rs210.65 billion to the banks who are facing a...
On Governor Yasin’s term
Change seems to be the consistent state atop important institutions with head-shuffles at foreign, information, power, petroleum and finance ministries now being mimicked by...
SBP to mobilise sportsmen against dengue
The Sports Board Punjab will hold a seminar on the directives of Chief Minister Punjab Mian Shahbaz Sharif on Social Mobilisation against dengue virus....
Yasin Anwar appointed Governor SBP for a 3-year term
President Asif Ali Zardari, on Wednesday, appointed Yasin Anwar as Governor State Bank of Pakistan (SBP) for a three year term.
A press release issued...
Yaseen Anwar appointed new SBP Governor
The government has finally appointed Yaseen Anwar as the State Bank of Pakistan (SBP) governor.
The post was lying vacant after the resignation of the...
Yaseen leads race for SBP governor’s slot
Acting governor of Sate Bank of Pakistan (SBP) Yaseen Anwar tops the list of aspirants vying for the coveted position of central bank’s head,...
SBP arranges Agri-Islamic financing for farmers
The State Bank of Pakistan (SBP) has developed a model product based on ‘Salam’ to meet the production finance (working capital) needs of the...
