Business & Finance Climate programme: SBP receives $500m loan from ADB KARACHI: Pakistan on Thursday received inflows amounting to $500 million as loan from the Asian Development Bank... Published 29 Nov, 2024 05:50am
Print Jul 1 to Nov 15: Record Rs880bn credit disbursed to private sector KARACHI: Banks are aggressively ramping up credit disbursement to the private sector, driven by a pressing need to... Updated 28 Nov, 2024 02:30pm
Business & Finance PKR saving deposits: IBIs required to pay profit equivalent to 75pc of WAGY of all pools KARACHI: In a significant move aimed at boosting returns for savers, the State Bank of Pakistan (SBP) has asked the... Published 27 Nov, 2024 06:44am
Print Key requirement for conventional banks removed Banks will now pay negotiated rates to corporate sector Updated 27 Nov, 2024 04:00pm
Print Banks start scrapping monthly fee on large deposits KARACHI: Banks have begun reversing their arbitrarily imposed five percent monthly charges on all accounts with... Updated 27 Nov, 2024 09:35pm
Business & Finance Jul-Oct: C/A posts $218m surplus on foreign inflows KARACHI: The country’s current account balance posted a surplus of $218 million in the first four months of FY25,... Published 19 Nov, 2024 06:34am
Print MoM basis: Sept debt stocks drop Rs792bn on SBP profit KARACHI: The federal government’s total debt stock fell sharply by Rs 792 billion in September 2024, following the... Updated 12 Nov, 2024 02:35pm
Business & Finance $3bn remittances in Oct: highest monthly inflow in FY25 so far KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ... Published 09 Nov, 2024 06:36am
Business & Finance Euro, Panda bonds: Issuance depends on improved credit ratings: Aurangzeb KARACHI: Federal Minister for Finance and Revenue, Muhammad Aurangzeb has said that the issuance of Euro Bonds and... Published 06 Nov, 2024 08:13am
Business & Finance Interest expenses to drop by Rs1.3trn KARACHI: In an encouraging development for Pakistan’s fiscal landscape, the country’s total interest expenses ... Published 05 Nov, 2024 03:30am
Business & Finance Policy rate cut by 250bps to 15pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a historic policy rate ... Published 05 Nov, 2024 03:30am
Print IBIs: SBP adopts two AAOIFI Shariah standards KARACHI: With a view to further strengthening Shariah compliance framework and harmonize the Shariah practices in... Updated 30 Oct, 2024 09:06am
Print Q1 profits, dividends’ repatriation surges 85pc KARACHI: The repatriation of profits and dividends from foreign investments in Pakistan experienced a remarkable... Updated 29 Oct, 2024 12:15pm
Business & Finance Bank Alfalah launching revamped Alfa App today KARACHI: Pakistani banks are significantly investing in digitalization to transform banking accessibility and ... Published 29 Oct, 2024 03:27am
Print Textile sector demands a long-term policy KARACHI: The textile sector has called on the government to establish a long-term textile policy, developed in... Updated 28 Oct, 2024 02:44pm
Business & Finance Sept CA posts $119m surplus KARACHI: Pakistan’s external account continues to show positive momentum, recording a second consecutive current... Published 22 Oct, 2024 06:33am
Print Between FY16 and FY23: fiscal support to SOEs escalates to Rs5.7trn, says SBP KARACHI: State-owned Enterprises (SOEs) in Pakistan are posing a significant challenge to the economy, having... Updated 22 Oct, 2024 04:41pm
Print Sugar export to Tajikistan: SBP asks banks to process transactions KARACHI: Pakistan is set to export 40,000 tons of sugar to Tajikistan under bilateral trade arrangements on a... Updated 19 Oct, 2024 02:55pm
Print Global energy price variations pose risks: SBP projects 2.5-3.5pc growth KARACHI: The State Bank of Pakistan (SBP) has said that uncertainty on the economic front has reduced and... Updated 18 Oct, 2024 09:38am
Print Macroeconomy: Structural challenges persist: SBP KARACHI: The State Bank of Pakistan (SBP) has said that a host of structural impediments continue to pose challenges... Updated 18 Oct, 2024 09:24am