Brokerage House Sees Further Cut in Policy Rate
The State Bank of Pakistan (SBP) is expected to extend its rate-cutting cycle with another 50 basis points (bps) reduction…
Tag: sbp
SBP Reserves Decline by Over $250 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have witnessed a notable decline, as per the…
SBP Seeks Public Consultation on Pakistan Green Taxonomy
The State Bank of Pakistan (SBP) has recently unveiled the draft National Green Taxonomy, a crucial initiative aimed at promoting…
Impact of Inflation, Currency, and Oil Prices on Global Markets
The Pakistani rupee closed at 278.86 on Wednesday, experiencing a slight depreciation of Re0.09 against the US dollar, according to…
State Bank of Pakistan Allows Purchase of US Dollars for Cross-Border Transactions
The State Bank of Pakistan (SBP) recently announced a significant development that will have a positive impact on customers and…
State Bank Enhances Control Measures to Protect Customers from Digital Banking Frauds
Digital banking has gained significant popularity in Pakistan, offering convenience and accessibility to a large number of financial services users.…
SBP Clarifies That Rs.75 Commemorative Banknote Is a Legal Tender
SBP Clarifies That Rs.75 Commemorative Banknote Is a Legal Tender & Can Be Used as Medium of Exchange in All…
SBP reports use of e-banking in Pakistan growing
The use of e-banking in Pakistan continues to evolve in all key sectors, especially with the introduction of digital banking…
Commercial banks approved 180 billion for Mera Pakistan Mera Ghar scheme
The domestic commercial Banks have approved loans worth rupees 180 billion under the Mera Pakistan Mera Ghar scheme and have…
SBP launched digital portal for FX regulatory approval requests
State Bank of Pakistan has launched a newly digital Foreign exchange portal for the end to end digitalization of exchange…
SBP now offers new Islamic Naya Pakistan Certificates for Overseas pakistani
Naya Pakistan Certificates (NPCs) are USD and PKR public instruments issued by the Government of Pakistan from the state bank…
State Bank Permits SadaPay first Pilot Project in 2021
The state bank of Pakistan has given the fintech startup SadaPay permission to start a pilot next year. The startup…
SBP extended real state finance and micro business loan limits
The State Bank of Pakistan (SBP) announced on Monday that it would increase the limits for real estate financing and…
Pakistan received $1.3 billion loan from china for currency reserve
Pakistan received the $ 1.3 billion USD trade loan from China and helped Islamabad achieve its currency reserve target of…
SBP made visible reduction in interest rate in very short period
Worldwide, interest rates have been cut by central banks in several countries due to the economic downturn due to the…