Tag: Sbp

SBP governor in hot waters over vehicle purchase

The National Accountability Bureau (NAB) on Saturday took notice of the matter of purchasing a bullet-proof vehicle worth Rs 40 million for the State...

25 million dollars being smuggled out every month, says Governor SBP

Governor State Bank Yasin Anwar has termed the issue of devaluation of rupee against dollar as ‘sensitive.’ Speaking at a Senate committee meeting, which convened...

Banking equities to yield maximum as SBP ups policy rate

After the central bank's surprise U-turn on policy rate in a short span of three months, the next question which arises in investors' mind...

Financiers urged to develop Islamic micro financing

State Bank of Pakistan (SBP) Governor Yaseen Anwar on Monday stressed upon the Islamic finance industry to make individual as well as collaborative efforts...

SBP delays MPS announcement

The central bank has delayed the announcement of monetary policy decision till next month for reasons best known to the regulator. "The SBP will...

SBP moves to curb $3b deficit by financing services exporters

The central bank has finally shifted its focus from the goods trade to that of the services that inflicted on the dollar-hungry country a...

$1.4b remittances in July keep bailing Pakistan out

The Pakistanis working abroad remitted over $1.404 billion during the first month (July 2013) of the current fiscal year, FY14. The State Bank of Pakistan...

SBP may keep policy rate intact despite high inflation

The Pakistan Bureau of Statistics (PBS) has recently released the figures of Consumer Price Index (CPI) for July-13. The CPI for this month was...

SBP issues Rs 138b currency bills for Eid

The State Bank of Pakistan issued Rs 138 billion fresh currency notes on public demand during the month of Ramadan, but the target could...

SBP orders banks to issue fresh currency notes

Despite billions of fresh currency notes issued by the State Bank of Pakistan (SBP), black-marketing of fresh notes is going on with a margin...

SBP, banks to provide new currency notes without long queues

People across the country have appreciated the easy availability of new currency notes from State Bank of Pakistan and branches of commercial banks on...

Rs 48b in fresh currency notes issued by SBP to cope...

In light of the forthcoming three day annual Eid festival the State Bank of Pakistan (SBP) has so far issued fresh currency notes worth...

SBP’s strategy causes risk-averse banks to exceed Rs 315b...

Pakistani banks surpassed the agricultural credit disbursement target of Rs 315 billion set by the State Bank of Pakistan (SBP) for the previous fiscal...

Rs 48b in fresh currency notes issued by SBP to cope...

In light of the forthcoming three day annual Eid festival the State Bank of Pakistan (SBP) has so far issued fresh currency notes worth...

SBP’s strategy causes risk-averse banks to exceed Rs 315b farm loan...

Pakistani banks surpassed the agricultural credit disbursement target of Rs 315 billion set by the State Bank of Pakistan (SBP) for the previous fiscal...

SBP launches mass media campaign to promote Islamic Banking

State Bank of Pakistan (SBP) Governor Yaseen Anwar on Thursday said that rigorous efforts were required to enhance the depth and scope of the...

SBP adopts new standard on ‘Investment Sukuk’

The central bank on Monday said to have adopted the AAOIFI Shariah Standard No 17 on ‘Investment Sukuk’ to strengthen Shariah compliance framework and...