Tag: state bank of pakistan

SBP to buy back govt paper

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...

SBP chides banks for issuing demonetised banknotes

The State Bank of Pakistan (SBP) has once again advised all commercial banks and microfinance banks (MFBs) to desist from issuing the demonetised banknotes...

Banks to keep an eye on millers to ensure 5,000...

The central bank Monday asked the commercial banks to maintain record of the sugar exporting mills to ensure that the exporters do not exceed...

Pakistan holds enormous potential for growth: Yaseen

State Bank of Pakistan (SBP) Governor Yaseen Anwar has said Pakistan holds enormous potential for economic growth. ‘I am personally optimistic about the country’s...

SBP warns of panel action for banks not obeying orders of...

The central bank has warned of “penal action” as the commercial banks are not complying with the banking regulations relating to the implementation of...

E-banking transactions jump to Rs6.454tn during July-Sept FY2012: SBP Report

The payment systems infrastructure in Pakistan showed an upward growth trend during the second quarter of the current fiscal year, Oct-Dec FY12, shows the...

SBP Governor’s Cup Cricket from today

The 8th State Bank of Pakistan (SBP) Governor’s Cup Super Series Inter-bank Cricket Tournament will start from today (Saturday) here at three different venues...

IMF holds SBP responsible for high inflation

International Monetary Fund (IMF) holds State Bank of Pakistan (SBP) responsible for the persistence of a double-digit inflation in Pakistan saying the current massive...

SBP renews status of Credit Rating Agencies for CY12

State Bank of Pakistan (SBP) has renewed the status of External Credit Assessment Institutions (ECAIs) of both the country’s two prominent Credit Rating Agencies...

SBP launches new project on SME clusters survey

State Bank of Pakistan (SBP) Monday launched a new project on clusters survey of 10 important Small and Medium Enterprise (SME) Clusters in the...

Moneychangers asked to submit anti-terror financing, money laundering data

State Bank of Pakistan (SBP) has directed all exchange companies to meticulously follow requirements of Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT)...

SBP chides banks over lack of accounts monitoring system

State Bank of Pakistan (SBP) Friday took an exception to some banks which have not yet installed a suitable monitoring system to conduct thorough...

SBP and finance ministry give conflicting estimates of fiscal deficit

State Bank of Pakistan (SBP) and Ministry of Finance gave contradictory estimates to the Senate Standing Committee on Finance about the fiscal deficit, which...

Govt to borrow over Rs777b from banks during 3QFY12

The resource-constrained federal government has set a target of over Rs700 billion to be borrowed from the risk-averse commercial banks during the third quarter...

More on rationing

Pakistan’s unsustainable energy policy Dr Bari’s article "Rationing Issues" (Pakistan Today, Dec 20) omitted some important factors that affect the conclusions that one can draw...

KSE gains 2.5pc WoW outperforming regional markets by 1pc

The week began on a positive note as speculation in domestic politics eased somewhat after the return of President Zardari. Concurrently, further impetus came...

Companies get honoured with Corporate Philanthropy Awards

Governor State Bank of Pakistan, Mr Yaseen Anwar, gave away the 5th PCP Corporate Philanthropy Awards to companies that were actively engaged in contributing...