The relief schemes introduced by the State Bank of Pakistan in the last few weeks have proven to be popular… Read More
Banks Want Biometric Verification Via Mobile Apps Restored
Banks are looking for regulatory authorities to allow them to use apps for biometric verification of customers for using digital… Read More
SBP Advises Customers to Not to Share Account Info on SMS/Phone Calls
State Bank of Pakistan (SBP) has warned bank customers that fraudsters have become active these days on various sources, mainly… Read More
FBR Requests Shipping Lines to Waive Container Detention Charges
Federal Board of Revenue (FBR) has requested shipping lines and their agents to waive container detention and other charges in… Read More
Pakistan Business Council Demands a Relief Package From The Government
One of the representative bodies of the corporate sector, Pakistan Business Council (PBC), has asked the government for major tax… Read More
Summit Bank Gets an Investment Offer from Dubai-based Investor
Summit Bank has received a notification of interest from a Dubai-based investor HE Nasser Abdulla Hussain Lootah who has expressed… Read More
Banks May Use Scanned Images For Cheque Transactions: SBP
To combat the potential spread of COVID-19 pandemic by limiting person-to-person interaction and to provide ease of services to the… Read More
Here’s How Pakistan’s Banking Industry Performed in 2019
2019 was a unique year for the banking sector which not only provided different opportunities to the commercial banks but… Read More
SBP & Local Banks Announce Relief Package for Households & Businesses
Amid growing concerns about the potential economic impact of the COVID-19 pandemic, State Bank of Pakistan (SBP) with the collaboration… Read More
PSX Launches Exchange Trade Fund To Attract Investments
Pakistan Stock Exchange (PSX) has launched the much-awaited Exchange Traded Fund (ETF), an investment product and a collective investment scheme… Read More
Banks To Operate With Minimum Staff for Limited Hours
Bank branches and offices will remain open throughout the country with bare minimum staff for ensuring the continuity of essential… Read More
SBP Makes Online Payments Free for All Commercial Banks
In order to curtail the risk of the spread of Coronavirus (COVID-19) and limit the physical interaction of citizens at… Read More
Foreign Investment Surges to Nearly $4 Billion in Jul-Feb FY20
The net foreign investment inflows have witnessed massive growth, surging to $3.98 billion during the eight months of the financial… Read More
SBP Forecasts Lower GDP Growth for FY2020 Due to Coronavirus
State Bank of Pakistan (SBP) has lowered its projection of real GDP growth for FY20 to 3.0 percent from 3.5… Read More
Avoid Using Cash for Daily Transactions: State Bank
In the wake of a coronavirus outbreak in the country, State Bank of Pakistan (SBP) has shared precautionary tips for… Read More
