Tag: Sbp
SBP takes months to notify appointment of Banking Ombudsman
The ever-increasing banking population whereas requires the authorities concerned, specially the regulators, to ensure a strong check upon profit-conscious banks and their day-to-day dealing...
Financial inclusion to remain key policy of SBP: Wathra
Ashraf Mahmood Wathra, deputy governor banking, State Bank of Pakistan said on Thursday assured that financial inclusion to remain a key policy objective of...
SBP pumps billions into money market
The central bank on Friday kick-started injecting billions of rupees into the liquidity-scarce banking system, as economy observers are divided on whether or not...
SBP slashes discount rate by 50 basis points
Slashing the 9.5 percent discount rate by 50 basis points (bps) to be effective from June 24 for the next couple of months, the...
SBP slashes discount rate by 0.5% to 9%
Slashing the 9.5 percent discount rate by 50 basis points (bps) to be effective from June 24 for the next couple of months, the...
Policy rate may dip by 50-100 bps by Dec 2014
With June’s monetary policy announcement due in next few days, the markets in the country are still confused about the State Bank of Pakistan’s...
State Bank of Pakistan to host SAARCFINANCE, ACU Events
The State Bank of Pakistan (SBP) will host the 26th SAARCFINANCE Group Meeting, 9th SAARCFINANCE Governors’ Symposium and 42nd Asian Clearing Union (ACU) Board...
SBP simplifies expansion procedures for money exchangers
The State Bank of Pakistan on Monday amended its rules regulating the expansion of the exchange firms. The new regulations notified by the regulator...
Over 94% bank branches go online, says SBP
Over 94 percent of the country’s bank branches are now offering Real-Time Online Branches (RTOB) services as 50 more branches were added to the...
SBP may keep discount rate intact due to record low inflation
Given the recent record declining trend in inflation, economic observers foresee no change in the central bank’s monetary policy for the next couple of...
SBP extends farm loans tenor to five years
The central bank Friday extended agriculture loans tenor from three to five years for Small and Rural Enterprises (SREs), the regulator reported.
The farm loans...
SBP to auction Yuan as Rs140b CSA with China turns operational
A Currency Swap Arrangement (CSA), the central banks of Pakistan and China had signed some 17 months ago, has come into effect from today...
SBP to receive textile’s markup support claims till 20th
The State Bank of Pakistan (SBP) has extended the deadline for all banks and DFIs to submit claims of textile exporters against the Payment...
SBP seeks public opinion to curb banknotes forgery
The central bank is conducting a public survey to improve management of currency in circulation in the country. The survey intends to obtain public...
SBP governor orders Rs 40m bullet proof car
State Bank of Pakistan (SBP) Governor Anwar Yasin has ordered a Rs.40 million imported bullet proof vehicle for himself, even as the SBP warns...
SBP governor orders Rs 40m bullet proof car
State Bank of Pakistan (SBP) Governor Anwar Yasin has ordered a Rs.40 million imported bullet proof vehicle for himself, even as the SBP warns...
SBP pumps over Rs 379 billion into banking system
The central bank on Friday injected over Rs 379 billion into the banking system which is facing an acute liquidity crunch, thanks to the...
