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Rizwan Bhatti

Mutual Funds' investment in money market proliferates
Markets

Mutual Funds' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am
SBP establishes branch network database on DAP
Print

SBP establishes branch network database on DAP

In order to streamline reporting of banks' branch network data, the State Bank of Pakistan (SBP) has established a branch network database on its Data Acquisition Portal (DAP). This database has been developed through information available on branch licen
Published 23 Jul, 2019 12:00am
SBP establishes branch network database on DAP
Print

SBP establishes branch network database on DAP

In order to streamline reporting of banks' branch network data, the State Bank of Pakistan (SBP) has established a branch network database on its Data Acquisition Portal (DAP). This database has been developed through information available on branch licen
Published 23 Jul, 2019 12:00am
SBP establishes branch network database on DAP
Print

SBP establishes branch network database on DAP

In order to streamline reporting of banks'' branch network data, the State Bank of Pakistan (SBP) has established a branch network database on its Data Acquisition Portal (DAP). This database has been developed through information available on branch lice
Published 23 Jul, 2019 12:00am
Renewable energy: SBP updates Islamic financing facility
Print

Renewable energy: SBP updates Islamic financing facility

The State Bank of Pakistan (SBP) has launched updated Islamic Financing Facility for Renewable Energy (IFRE) for Islamic Banking Institutions (IBIs) and DFIs having authorized Islamic financing operations. The financing under this facility will be availab
Published 22 Jul, 2019 12:00am
Renewable energy: SBP updates Islamic financing facility
Print

Renewable energy: SBP updates Islamic financing facility

The State Bank of Pakistan (SBP) has launched updated Islamic Financing Facility for Renewable Energy (IFRE) for Islamic Banking Institutions (IBIs) and DFIs having authorized Islamic financing operations. The financing under this facility will be availab
Published 22 Jul, 2019 12:00am
Renewable energy: SBP updates Islamic financing facility
Print

Renewable energy: SBP updates Islamic financing facility

The State Bank of Pakistan (SBP) has launched updated Islamic Financing Facility for Renewable Energy (IFRE) for Islamic Banking Institutions (IBIs) and DFIs having authorized Islamic financing operations. The financing under this facility will be availab
Published 22 Jul, 2019 12:00am
Wheat stocks sufficient to meet domestic needs: SBP
Print

Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di
Published 21 Jul, 2019 12:00am
Wheat stocks sufficient to meet domestic needs: SBP
Print

Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di
Published 21 Jul, 2019 12:00am
Wheat stocks sufficient to meet domestic needs: SBP
Print

Wheat stocks sufficient to meet domestic needs: SBP

The State Bank of Pakistan (SBP) has said that despite lower than the target wheat crop output in FY19, carryover stocks are sufficient to cover the domestic consumptive requirements of 25.8 million tons. According to a recent SBP report, there is some di
Published 21 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs
Print

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs
Print

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs
Print

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
Stabilization agenda needs to be reinforced: SBP
Print

Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf
Published 16 Jul, 2019 12:00am
Stabilization agenda needs to be reinforced: SBP
Print

Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf
Published 16 Jul, 2019 12:00am
Stabilization agenda needs to be reinforced: SBP
Print

Stabilization agenda needs to be reinforced: SBP

The State Bank of Pakistan (SBP) on Monday said that despite stabilization phase led by demand management policies, vulnerabilities in the inflation, external and fiscal sectors persisted, which suggests that current stabilization agenda needs to be reinf
Published 16 Jul, 2019 12:00am
Steel merchants demand uniform import policy
Print

Steel merchants demand uniform import policy

Demanding a uniform steel import policy, steel merchants have urged the federal government to immediately withdraw 5 percent additional custom duty and regulatory duty imposed on secondary steel imports in the FY20 Budget. During the meeting with Prime Mi
Published 14 Jul, 2019 12:00am