Islamabad, March 19 2025: The State Bank of Pakistan (SBP) has distributed fresh currency notes worth Rs. 27 billion in various denominations to 17,000 branches of commercial banks across the …
SBP
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Investment
Govt Borrowings Crowds Out Private Investments with Banks Huge Income
by Umar Sohailby Umar SohailISLAMABAD, March 17: In 2024, the 20 listed banks recorded both gross and net markup incomes to Rs7 trillion and Rs1.9 trillion, respectively. This growth can largely be attributed to …
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Islamabad, Mar 12, 2025: Prime Minister Shehbaz Sharif’s government remains entangled in critical policy dilemmas, further delaying decisions on appointing dual nationals to key positions within the State Bank of …
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Business
Bank of AJK to Sign Rs 1.7 Bln Project Amid Allegations of Irregularities
by Hamza Irshadby Hamza IrshadIslamabad, Mar 10 2025: The Bank of Azad Jammu & Kashmir (BAJK) is moving forward with a Rs. 1.7 billion Core Banking System contract, despite mounting concerns over alleged procedural …
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Business
SBP to Announce Monetary Policy Today, Likely Drop in Mark Up Rate
by Umar Sohailby Umar SohailKarachi, March 10: The Money Policy Committee (MPC) of the State Bank of Pakistan (SBP) would meet in no time for its moment session of the year with most investigators …
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ISLAMABAD, March 08: With real interest rates already above 10%, a rate cut isn’t just expected—it’s almost inevitable. Looking ahead, inflation is projected to average 3.75% by June 2025 and …
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Islamabad, Mar 6, 2025: The State Bank of Pakistan (SBP) has made it obligatory for Islamic Banking Institutions (IBIs) to provide collateral when accessing the Sharia-compliant Mudarabah-based Standing Ceiling Facility …
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Islamabad, Oct 8: SBP Raises Retail Portfolio Limit to Rs. 300 Million The State Bank of Pakistan (SBP) announced on Monday that the regulatory retail portfolio limit will be increased …
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Business
SBP Eases Rules for Conventional Banks to Convert to Islamic Banking
by Hamza Irshadby Hamza IrshadIslamabad, Oct 2: SBP Eases Rules for Conventional Banks to Convert to Islamic Banking To better assist banks in converting their branches, the State Bank of Pakistan has updated the …
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Pakistan’s economic landscape has undergone a striking transformation, as indicated by the latest report from the State Bank of Pakistan (SBP) revealing a shift in the country’s current account from …