Print SBP to launch ‘Challenge Fund for SMEs’ KARACHI: The State Bank of Pakistan (SBP) has announced that it will launch a Challenge Fund for SMEs (CFS) to... Published 23 Mar, 2022 04:58am
Print Feb C/A deficit dips 78pc MoM KARACHI: The country’s current account (C/A) deficit sharply declined by 78 percent during February 2022 compared... Updated 20 Mar, 2022 08:59am
Print SBP suggests steps aimed at reducing import bill KARACHI: The State Bank of Pakistan (SBP) has suggested customs duty on imported seed and oil and taxes on ghee to... Updated 19 Mar, 2022 01:04pm
Business & Finance Raast P2P service: SBP relaxes transactional limits KARACHI: In order to further facilitate users of Raast services, the State Bank of Pakistan (SBP) has relaxed... Updated 17 Mar, 2022 09:47am
Print Microfinance: Accountholders can invest in govt securities, says SBP KARACHI: The State Bank of Pakistan (SBP) has allowed microfinance accountholders to invest in government ... Updated 17 Mar, 2022 12:36pm
Print Workers’ remittances cross $20bn mark KARACHI: Inflows of home remittances crossed $ 20 billion mark in the first eight months of this fiscal year ... Published 11 Mar, 2022 05:12am
Business & Finance Acquisition of shares, investment: SBP amends R-6 of PRs for commercial banking KARACHI: The State Bank of Pakistan (SBP) has made some amendments to the Regulation R-6 of Prudential Regulations... Updated 10 Mar, 2022 09:35am
Print SBP keeps policy rate unchanged at 9.75pc KARACHI: The Monetary Policy Committee (MPC), maintaining the policy rate at 9.75 percent, Tuesday hinted necessary... Updated 09 Mar, 2022 09:53am
Print Steel prices soar on rising raw material cost KARACHI: The domestic prices of steel rebars for the first time in the history crossed Rs 200,000 per metric ton ... Updated 08 Mar, 2022 10:09am
Business & Finance Monetary Policy Statement on 8th KARACHI: The State Bank of Pakistan (SBP) will issue the Monetary Policy Statement on March 8, 2022. The Monetary... Updated 05 Mar, 2022 11:59am
Business & Finance Digital payments maintain growth: PRISM posts 1.1m transactions in 1QFY22 KARACHI: Digital payments continue brisk growth as Pakistan Real-time Interbank Settlement Mechanism (PRISM) ... Updated 01 Mar, 2022 09:16am
Print Under-construction projects: Purchasers of units may avail housing finance, says SBP KARACHI: The State Bank of Pakistan (SBP) on Friday announced that purchasers of housing units in under construction... Updated 26 Feb, 2022 10:09am
Print Jul-Jan CAD exceeds $11bn on higher import bill KARACHI: The country’ current account deficit crossed the $11 billion mark in the first seven months of this ... Updated 25 Feb, 2022 09:45am
Print Jul-Jan FDI posts 11pc growth YoY KARACHI: Foreign Direct Investment (FDI) posted 11 percent growth during the first seven months of this fiscal year... Updated 18 Feb, 2022 09:29am
Print Subsidy scheme for Tier-1 housing finance: Markup rates revised downwards Updated 15 Feb, 2022 09:52am
Print Jul-Jan FY22L: Record $18bn remittance inflows received by country KARACHI: Pakistan received record $18 billion inflows of home remittances during the first seven months of this... Updated 12 Feb, 2022 10:16am
Print Foreign embassies: ADs can remit visa, document attestation fees: SBP KARACHI: The State Bank of Pakistan (SBP) has allowed Authorized Dealers to remit visa and document attestation fees... Updated 10 Feb, 2022 09:13am
Print Re1 for each USD surrender: SBP’s incentive scheme for ECs goes into effect KARACHI: The State Bank of Pakistan (SBP) has introduced new incentive scheme for the Exchange Companies, under ... Updated 05 Feb, 2022 09:35am
Print Export proceeds’ realization: SBP grants relaxation KARACHI: The State Bank of Pakistan (SBP) on Tuesday granted some relaxations, for bringing export payments in 120... Updated 02 Feb, 2022 09:32am
Business & Finance Forex reserves fall sharply in three weeks KARACHI: The country’s foreign exchange reserves fell sharply over $1.5 billion in the first three weeks of ... Published 28 Jan, 2022 04:44am