Business & Finance Issues related to foreign exchange to be addressed soon: SBP governor KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the... Updated 13 Jan, 2023 10:55am
Business & Finance Digital services: SBP issues guidelines for downtime KARACHI: The State Bank of Pakistan (SBP) has issued guidelines for downtime of digital services and directed the... Updated 11 Jan, 2023 08:54am
Print SBP seeks feeder-wise data of power consumers ISLAMABAD: State Bank of Pakistan (SBP) has sought feeder-wise data of electricity consumers to be used to project... Updated 10 Jan, 2023 09:03am
Opinion PTI needs to introspect about its own motives PTI (Pakistan Tehreek-e-Insaf) may be ready for the elections but the real question is whether the party is ready ... Published 09 Jan, 2023 06:01am
Print Pace of domestic debt accumulation accelerates Recent increase in debt burden emanated from higher fiscal and current account deficit Updated 07 Jan, 2023 04:28pm
Print Edible oil: SBP, MoF urged to ask banks to open LCs ISLAMABAD: The edible oil industry has asked the State Bank of Pakistan (SBP) and Ministry of Finance to direct the... Updated 06 Jan, 2023 09:12am
Print Foreign exchange reserves at almost 9-year low level KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level... Updated 06 Jan, 2023 09:04am
Print TT charges against home remittances: Process of reimbursement streamlined KARACHI: The State Bank of Pakistan (SBP) has further streamline the process of reimbursement of TT charges against... Updated 06 Jan, 2023 09:03am
Business & Finance RDA: Number reaches the half million mark KARACHI: The number of Roshan Digital Accounts (RDA) reached half million mark by end of December 2022. According to... Published 06 Jan, 2023 05:58am
Business & Finance Carpet industry’s issues to be resolved: SBP LAHORE: State Bank of Pakistan (SBP) has assured that carpet industry’s issues will be resolved at the earliest. A... Published 02 Jan, 2023 05:54am
Print World Bank urged to help restructure FIIP Official documents revealed the Financial Inclusion and Infrastructure Project (FIIP) was conceptualized to support the implementation of Pakistan’s National Financial Inclusion Strategy (NFIS) of the State Bank of Pakistan (SBP) Updated 02 Jan, 2023 08:47am
Opinion To many it sounds like PDM wants to have its cake and eat it The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a... Published 02 Jan, 2023 05:54am
Business & Finance Faysal Bank becomes full-fledged Islamic bank KARACHI: The State Bank of Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making... Published 31 Dec, 2022 07:53am
Business & Finance Bank holiday KARACHI: The State Bank of Pakistan will remain closed for public dealing on Monday [January 2, 2023], which will be... Published 31 Dec, 2022 06:58am
Print Import of 177 items: SBP to maintain cash margin requirements for another 3 months KARACHI: The State Bank of Pakistan (SBP) Friday announced that it will maintain the cash margin requirements on the... Updated 31 Dec, 2022 08:49am
Print APTMA resents hike in EFS & LTFF ISLAMABAD: The country’s export sector has termed the increase in Export Finance Scheme (EFS) and Long-Term... Updated 31 Dec, 2022 01:37pm
Business & Finance SBP raises EFS & LTFF rates by 2pc to 13pc KARACHI: The State Bank of Pakistan (SBP) Thursday announced increase in the Export Finance Scheme (EFS) and... Published 30 Dec, 2022 05:50am
Business & Finance SBP’s foreign exchange reserves decline $294m to $5.822bn KARACHI: The State Bank of Pakistan’s foreign exchange reserves reached below $6 billion at the end of last week.... Published 30 Dec, 2022 05:50am
Business & Finance Markup rates increased: SBP notifies hike from 11% to 13% under EFS and LTFF schemes SBP says gap between policy rate and Export Finance Scheme/Long Term Financing Facility rates reduced from existing 5% to 3% Published 29 Dec, 2022 07:27pm
Business & Finance Market share of Islamic banking sector tops 20pc by Sept-end KARACHI: The market Share of Islamic Banking Industry (IBI) in the banking sector continued to post healthy growth... Published 29 Dec, 2022 05:59am
Business & Finance No exchange of old banknotes after 31st: SBP KARACHI: The State Bank of Pakistan (SBP) has said that old-design and large-size banknotes would not be exchanged... Published 27 Dec, 2022 06:52am
Business & Finance Cabinet may approve appointment of Wathra as chief of NBP board ISLAMABAD: The federal cabinet is likely to approve the appointment of former State Bank of Pakistan (SBP) Governor... Updated 27 Dec, 2022 09:42am
Editorials SBP’s annual report EDITORIAL: The State of the Economy Report published by the State Bank of Pakistan acknowledged the growth rate for... Published 26 Dec, 2022 05:48am
Print FY21-22: digital payments take a rising trajectory KARACHI, The digital payment ecosystem of Pakistan continued to grow as the overall e-banking transactions witnessed... Updated 24 Dec, 2022 10:06am
Business & Finance Country’s first agri-Fintech app: SBP grants approval to pilot launch of ‘Digitt+’ KARACHI: The State Bank of Pakistan has formally granted approval to pilot launch of Pakistan’s first... Updated 24 Dec, 2022 10:07am
Print DPC unveils 2nd annual report: 98pc of bank depositors eligible for deposit protection KARACHI: Some 98 percent of total depositors of banking sector are eligible for their deposit’s protection in case... Updated 24 Dec, 2022 10:09am
Print Rain- and flood-hit farmers: Three markup waiver and financing schemes announced KARACHI: The federal government has announced three markup waiver and financing schemes for farmers in rain and... Updated 23 Dec, 2022 08:40am
Business & Finance Farm mechanisation: Markup subsidy, risk sharing scheme announced KARACHI: The State Bank of Pakistan (SBP) has announced mechanism for “Markup Subsidy and Risk Sharing Scheme for... Updated 23 Dec, 2022 08:43am
Print SBP warns of higher risks to food security KARACHI: The State Bank of Pakistan (SBP) has warned that the country may face higher risks to food security in the... Updated 22 Dec, 2022 09:43am
Print Key phrase: ‘structural reforms’ State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy Updated 22 Dec, 2022 09:52am