Tag: Sbp
SBP, exchange firms dispute over ‘formula’ as currency market awaits $15-20m
The State Bank of Pakistan (SBP) has no “formula” as the local dollar-hungry currency market is desperately looking at the regulator for the injection...
SBP to enhance banking services
The State Bank of Pakistan is committed to use all possible means to make the banking services accessible to all segments of the society.
This...
Govt borrowing continues: Rs152.223b raised through SBP
The resource-constrained government continues to borrow from the banking system and on Wednesday raised over Rs152.233 billion through the auctioning of Market Treasury Bills...
SBP eases microfinance banks’ loaning terms
The State Bank of Pakistan (SBP) has withdrawn the General Provision Requirements (GPRs) for the loans extended by microfinance banks (MFBs) against gold or...
Banks violate SBP rules on printing of cheque books
The depositors are at the risk of being defrauded as “some” of the scheduled banks continue to transgress the central bank’s criteria for printing...
SBP replaces paisa with rupee
The National Assembly Standing Committee on Finance on Thursday approved the Pakistan Coinage Amendment Bill 2010 which replaces the paisa denominated coins with one...
SBP approves term extension of MCB President
State Bank of Pakistan has granted approval for extension of the services of Muhammad Usman Ali Usmani as the Chief Executive Officer and President...
SBP to only release revenue figures after reconciling with AGPR
Owing to the controversy over misreporting of revenue figures, the State Bank of Pakistan (SBP) has decided that it would be issuing revenue collection...
SBP rate cut encourages markets, investors
State Bank of Pakistan’s surprise decision of reducing benchmark interest rates to 13.5 per cent from 14 per cent would bode well for many...
SBP goes easy on lending, slashes policy rate to 13.5%
Easing grip on its long prevalent tight monetary policy, the State Bank of Pakistan (SBP) on Saturday decided to reduce the policy rate by...
SBP policy and growth
Perhaps the only positive outcome of the recent turbulence at the State Bank is initiation of serious debate regarding central bank autonomy and the...
SBP injects Rs205 billion in two weeks
The central bank on Friday injected Rs115 billion more in the banking system where pre-Ramadan cash withdrawals is said to have created a liquidity...
SBP releases 3rd installment of mark-up rate subsidy
The State Bank of Pakistan (SBP) on Monday announced the release of third installment of mark-up rate subsidy on business loans for the period...
SBP injects Rs90 billion liquidity into banking system
The State Bank of Pakistan (SBP) on Friday injected some Rs90 billion of liquidity into the money market. The injection of liquidity, according to...
SBP to announce monetary policy for August, September on July...
The State Bank of Pakistan (SBP) would announce its monetary policy for the next couple of months on the July 30, 2011. According to...
Anwar takes over as SBP acting governor
Yaseen Anwar took over as Acting Governor State Bank of Pakistan following the acceptance of the resignation of SBP Governor Shahid H. Kardar.
The Federal...
PM accepts Kardar’s resignation, Yasin acting SBP governor
The mystery shrouding the resignation of SBP governor Shahid Kardar was finally resolved on Monday when the government notified the acceptance of his resignation...
