Tag: Sbp
Govt looking for alternate methods to hold census
SBP governor updates Finance Minister Dar on banks’ role in implementation of AML laws and reporting mechanism
Finance Minister Ishaq Dar on Monday sought help...
SPB rejects allegations of impropriety in loan write-offs
The State Bank of Pakistan (SBP) has clarified that the reports which appeared in some sections of the press on July 23 regarding loans...
SBP to issue special coin to honour Abdul Sattar Edhi
The State Bank of Pakistan (SBP) will issue a special coin in honour of celebrated humanitarian Abdul Sattar Edhi who passed away last week.
The...
Pakistan’s economy maintains its growth momentum, says SBP
The State Bank of Pakistan on Friday released its Third Quarterly Report for FY16 on the state of Pakistan’s Economy. According to the Report,...
SBP to remain close during Eid holidays
The State Bank of Pakistan (SBP) will remain closed from July 5 to 8 for Eidul Fitr.
The SBP has taken measures for smooth availability...
Govt’s borrowing shifts from SBP to commercial banks
The federal government has increased the budgetary borrowings from the scheduled banks in the current fiscal year 2015-16 to improve its credentials before the...
Financial system of Pakistan remains sound and stable, says Financial Stability...
The financial system of Pakistan remains in a sound and stable state at the end of calendar Year 2015, said the Financial Stability Review...
Don’t let ATMs dry up during holidays, SPB tells commercial banks
The State Bank of Pakistan (SBP), through a circular, ordered all branches of commercial banks to remain open on July 2 and 9 (Saturdays).
“Commercial...
Finance Minister Dar visits SBP, addresses bank presidents
Federal Minister for Finance, Revenue and Economic Affair Senator Muhammad Ishaq Dar on Friday said that economic parameters have recorded significant improvement over the...
Pakistan to establish land link with Tajikistan through Kashghar, boost ties
Minister for Water and Power Khawaja Asif has said that for establishing land link with Tajikistan three options are under consideration, two links pass...
Pakistan’s Liquid Foreign Reserves reach $21.415 billion
The total liquid foreign reserves (FX reserves) held by the country stood at $21.415.1 billion on June 10.
Giving the break-up of the foreign reserves...
Banking sector’s asset base grew by 1% during the quarter
The asset base of the banking sector has registered an increase of 1.0 per cent during the quarter ended on March 31, said a...
75pc increase in foreign debts during 9 years: SBP
Foreign debt of the country has soared by 75 per cent during the last 9 years which has raised Pakistan’s external debt to the...
LHC seeks govt, SBP’s reply on direct payment to IPPs
The Lahore High Court (LHC) on Thursday sought replies from the federal government, State Bank of Pakistan and others in a petition filed against...
Exporters to move court against SBP on refunds row
The textile industry, which has been awaiting refund claims of around Rs 4.6 billion, pending for the last two years, has threatened to move...
SCB’s PBT grows by 15% to Rs 4.9b
Standard Chartered Bank (Pakistan) Limited has announced profit before tax of Rs 4.9 billion in January-March 2016 with a growth of 15 percent.
Administrative costs...
Govt campaign to vilify Tareen backfires
Official documents from the State Bank of Pakistan (SPB), United Bank Limited (UBL), Muslim Commercial Bank (MCB) and Faysal Bank to the election commission of Pakistan and other government departments appear to vindicate the stance of Tareen.
