Tag: state bank
The firefighting government
No time yet for a hundred indecisions
While the ruling coalition fights for its survival, urgent governance issues have taken a backseat. The present government...
ABF president worried over SBP report on banking practices
American Business Forum (ABF) President Salim Ghauri has expressed deep concerns over the latest report by State Bank of Pakistan (SBP) regarding the practice...
Govt borrows 142pc more from banks
The funds-starved government’s budgetary borrowings from the banking system, continued its northward journey, and marked a massive increase of 142 per cent during last...
The year that was
Fiscal 2010-11
Following the suspension of Pakistan’s stand-by agreement with the IMF, says the State Bank in its annual report, one of the biggest challenges...
State Bank rout NBP to take Inter-region Cricket crown
State Bank U-19 completed a 117-run rout of National Bank to lift the Inter-Region/Departments U-19 One day Cricket Tournament 2011-12 Triangular Stage trophy here...
Govt borrowing binge crowding out private sector
Central bank, which announced to keep the interest rate unchanged at 12 per cent for next two months, finds itself in a “dilemma” as...
SBP overstates accounts for financial year 2011
State Bank of Pakistan (SBP) is found to have “overstated” its consolidated financial statements for fiscal year 2010-11 by over Rs25 billion, this was...
Dollar reserves increase to $17.031 billion
The country’s liquid foreign exchange reserves, have nominally increased to $17.031 billion during the week that ended on November 11, Central Bank reported. Last...
State Bank reduces policy rate to 12 percent
The State Bank of Pakistan (SBP) on Saturday announced slashing its key interest rate by 1.5 percent or 150 basis points (bps) to 12...
Kardar advises new generation to take risk
State Bank of Pakistan Governor Shahid H Kardar has advised the new generation of Pakistan to take risk, be an outlier and ‘make your...
