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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 policy rate by 100...

PAKISTAN

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, 2025, to deliberate and...

Business

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 of unauthorized mobile phone...

Business

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 businesses involved in card-based...

Business

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 Transactions. In recent news, the...

Education

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 (Pvt). Knowledge Platform (Private)...

PAKISTAN

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 points to 5 percentage...

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