Tag: state bank of pakistan
Banking for all!
State Bank of Pakistan (SBP) Deputy Governor Kazi Abdul Muktadir has expressed his resolve to provide banking services to all segments of the society....
Not enough ATMs, we’re afraid…
The central bank Tuesday expressed its concern over the availability of Automatic Teller Machines (ATMs) in the country that the regulator said was “quite...
PMN launches Pakistan Microfinance Review
Pakistan Microfinance Network (PMN) has launched the “Pakistan Microfinance Review 2011” for the microfinance industry. The initiative is supported by the Pakistan Poverty Alleviation...
SBP makes comprehensive regulations
The State Bank of Pakistan (SBP) has made anti-money laundering and combating the financing of terrorism (AML/CFT) regulations more comprehensive by revising the existing...
Remittances grow
The overseas Pakistani workers remitted an amount of $2,463.69 million in the first two months (July - August) of the current fiscal year showing...
SBP cuts refinance rate by 1.5pc under financing schemes
The State Bank of Pakistan (SBP) has with immediate effect reduced the refinance rate under the Export Finance Scheme (EFS) and the service charges...
SBP’s two-pronged triumph
State Bank of Pakistan (SBP) Deputy Governor Kazi Abdul Muktadir on Tuesday said the central bank was developing a new five-year (2013-17) strategic plan...
Exchange the old Rs 500 notes!
The State Bank of Pakistan (SBP) has reminded the general public to exchange old design and bigger size banknote of Rs 500 from the...
Bank holiday on August 14
The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on August...
SBP says relax More relaxations for exporters under Export Finance Scheme
The State Bank of Pakistan (SBP) has allowed more relaxations to exporters under Part-II of the Export Finance Scheme (EFS), the central bank said...
ICCI Urges SBP to reduce markup rate in upcoming monetary policy
Islamabad Chamber of Commerce and Industry (ICCI) has urged the State Bank of Pakistan(SBP) to reduce markup rate by 150 to 200 basis points...
SBP receives $1.1 billion under CSF
After signing of Memorandum of Understanding (MoU) by the United States and Pakistan regarding restoration of NATO supplies, the State Bank of Pakistan (SBP)...
SBP starts operations to supply fresh currency notes
The State Bank of Pakistan (SBP) has started the supply of fresh currency notes to the general public from Wednesday which will continue till...
SBP to buy govt paper in reverse repo
State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in a seven-day reverse repo to inject funds...
NBP tops agri financing charts
National Bank of Pakistan (NBP) is leading in agriculture financing among other banks and financial institutions in the country by lending Rs 33.013 billion...
SBP’s double whammy!
The State Bank of Pakistan (SBP) has decided to implement International Bank Account Number (IBAN) standard in the country to bringing about account code...
Frankie says relax… no it’s actually the SBP
The State Bank of Pakistan (SBP) on Monday amended the prudential regulations for commercial banking with an aim to provide flexibility to the banks...
