State Bank of Pakistan

After receiving IMF loan, the reserves with the State Bank of Pakistan have improved to around $9 billion.

ISLAMABAD: The federal Cabinet has approved the appointment of new directors on the Board of Directors of the State Bank of Pakistan. The cabinet approved the following eminent professionals as …

The federal government presented the budget for fiscal year 2022–23 last month, and the State Bank of Pakistan (SBP) will announce the new rates on Thursday. The SBP is anticipating …

The contribution of overseas Pakistanis to the economy is much bigger than the entire exports of the country while they are protecting the country from default by remitting record remittances …

ISLAMABAD: The State Bank of Pakistan has pointed out that only 7.6 million Pakistanis are using the method of mobile phone-banking. The State Bank of Pakistan released its third quarterly …

The return on saving accounts and certificates are linked with the central bank’s policy rates and are normally kept slightly higher to attract savings small savers without drastically affecting the …

SBP had written a letter to the Oil and Gas Regulatory Authority (OGRA), stating that the local banks are willing to support the OMCs’ credit requirements, subject to their positive …

The application process registered an overwhelming response whereby SBP received twenty (20) applications from a diverse range of applicants, including domestic commercial banks, microfinance banks, electronic money institutions and FinTech …

Assets of IBI grew by 30.6 percent in CY21, while deposits increased by 24.2 percent during the same period. As a result of this strong growth, the market share of …

Cumulatively, at $15.8 billion, remittances grew by 11.3% during the first half of FY22 over the same period last year.