Tag: state bank of pakistan
SBP, Bank of Korea sign accord to boost cooperation
Governor State Bank of Pakistan (SBP), Yaseen Anwar, and the Governor Bank of Korea (BOK), Choong Soo Kim signed a Memorandum of Understanding (MoU)...
SBP moves to revive SMEs, agri activities in flood-hit areas
The central bank has extended the expiry date of the Refinance Scheme for Revival of SMEs and agricultural activities in the flood-affected areas by...
SBP issues reminder on 5-rupee banknote as Dec 31 nears
State Bank of Pakistan (SBP) Monday reminded the general public to exchange the demonetized Rs 5 banknote from the field offices of SBP Banking...
Let’s explore Islamic finance models
Stressing the need for continued collaboration amongst the D-8 central banks, Governor State Bank of Pakistan (SBP) Yaseen Anwar Wednesday said the member countries...
D-8 countries agree to focus on regional blocs
Central banks of the Developing-8 countries Wednesday agreed on a “sustainable growth strategy” under which the member countries would lessen dependence on their traditional...
Central banks identify four key areas for cooperation
Deputy Governor State Bank of Pakistan Kazi Abdul Muktadir has outlined four key aspects for D-8 central banks’ cooperation for promoting inclusive economic growth...
SBP moves to regulate profit, loss distribution of Islamic banks
The State Bank of Pakistan on Monday issued detailed instructions for profit and loss distribution and pool management in the Islamic Banking Institutions (IBIs)....
MFBs asked to expand access to financial services
Deputy Governor of the State Bank of Pakistan (SBP) Kazi Abdul Muktadir on Monday asked the microfinance banks (MFBs) to take advantage of a...
Pakistan to repay $144.5m
Despite depressive economic situation of the country, the government will repay $144.5 million sixth installment to the International Monetary Fund (IMF) tomorrow (Thursday) from...
SBP to publish bank-wise ECR data
The central bank has decided to publish bank-wise data on the Excess Cash Reserves (ECR) maintained by the banks over and above the minimum...
KSE rewrites history
As the inflation-driven monetary policy stance of the State Bank appears to be more predictable in the months ahead, the market observers foresee a...
SBP sets up centre for smooth functioning of ATMs
The State Bank of Pakistan Banking Services Corporation (SBP BSC) North Nazimabad, Karachi, has set up Customer Facilitation Centre to ensure smooth and uninterrupted...
China opens inter-bank bond market for SBP
Central banks of Pakistan and China have singed an agreement allowing the former to conduct investment activities in the Chinese inter-bank bond market.
The “agency...
SBP conjures stick for sugar daddies
The central bank Friday asked the authorized dealers for sugar exports to comply with the Ministry of Commerce’s public notice in which it set...
Pakistan enhancing mobility and smartness
State Bank of Pakistan (SBP) Deputy Governor Kazi Abdul Muktadir on Tuesday said mobile phone and smart card banking accounts have surged to nearly...
SBP warns about fraudulent prize schemes
The State Bank of Pakistan (SBP) warned the general against fraudulent schemes launched by unscrupulous elements that fool the public into believing that they...
Eidul Azha: SBP to trade fresh paper bills with old
State Bank of Pakistan (SBP) directed all field offices of SBP Banking Services Corporation (BSC) and over 10,000 branches of all commercial banks operating...
