SBP Revises Paid-up Capital Requirement for Microfinance Bank
The State Bank of Pakistan (SBP) has taken a landmark decision to revise the Minimum Capital Requirement (MCR) or paid-up…
Tag: state Bank of Pakistan
Banks to Remain Closed on Thursday
The State Bank of Pakistan (SBP) has officially announced that it will remain closed on Thursday, May 1, 2025, in…
Rupee Extends Losing Streak Against US Dollar to Fourth Day
The Pakistani Rupee (PKR) witnessed a slight depreciation against the US Dollar (USD) on Tuesday, declining by 06 paisa in…
IMF Mission to Arrive in Pakistan Tomorrow For First Review
This review is critical for the approval and disbursement of the next $1 billion loan tranche. Sources from the Ministry…
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…
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…
PM Shehbaz Sharif Praises Policy Rate Reduction
The Prime Minister of Pakistan, Shehbaz Sharif, recently commended the State Bank of Pakistan (SBP) for its decision to reduce…
State Bank of Pakistan Slashes Policy Rate to 12% Sixth Reduction
In a pivotal move, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has reduced the key…
State Bank of Pakistan to Decide Key Interest Rate on January 27
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to convene on Monday, January 27,…
The State Bank of Pakistan’s Stand Against Unauthorised Banking Apps
In the ever-evolving landscape of digital banking, the State Bank of Pakistan (SBP) has recently raised concerns regarding the usage…
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…
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…
Pompak Learn to Earn financial Game launched by SBP
POMPAK Learn to Earn a digital financial game launched by the collaboration of State Bank of Pakistan and Knowledge Platform…
State bank cuts the mark-up rates for TERF and LTEF
State Bank of Pakistan (SBP) has cut premium rates for two of its refinancing programs from 7 to 6 percentage…
State Bank Extended the Rozgar Scheme & Risk Sharing Facility
The Pakistani state bank has extended the Rozgar program scheme by another three months amid Covid 19 pandemic and has…