Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen… Read More
3 Banks Win Bids for Disbursing Loans Under Kamyab Pakistan Program
The Federal Finance Ministry has chosen three leading commercial banks for the disbursement of soft loans under the landmark Kamyab… Read More
SBP Revises Cash Reserve Requirement for Banks
The State Bank of Pakistan (SBP) has decided to increase the average Cash Reserve Requirement (CRR), to be maintained during… Read More
Banks to Refund Rs. 14 Million to Fraud Victims as President Rejects Appeals
President Dr. Arif Alvi has upheld two different decisions of the Banking Mohtasib (BM) ordering Al Baraka Bank Ltd (ABBL)… Read More
Governor State Bank Demands a Digital Transformation for Islamic Financial Services
Governor State Bank of Pakistan, Dr. Reza Baqir, stated that digital transformation of the global Islamic financial services industry has… Read More
State Bank Rejects Reports of New Designs For Currency Notes
The State Bank of Pakistan (SBP) has categorically rejected social media rumors which claimed that the central bank is planning… Read More
Bank Islami and Elahi Group File Compromise Agreement in Court
Bank Islami Pakistan Limited (BIPL) and Elahi Group of Companies (EGC)/Zafar Agencies (ZA) have filed a compromise agreement in the… Read More
These Banks Will Roll Out Collateral-Free Loan Scheme for SMEs
Governor State Bank of Pakistan, Dr. Reza Baqir, announced that banks have shown an overwhelming response to an innovative financing… Read More
NBP Provides Latest Update on Recovery After Cyberattack
The National Bank of Pakistan (NBP) has reported a continuing successful operational recovery from the cyberattack on its systems that… Read More
SBP Clarifies Rumors of Cyberattack on 9 Banks
The State Bank of Pakistan (SBP) has rejected the news reports, circulating in various sections of media, of cybersecurity attacks… Read More
Salaried Class & Pensioners Suffer As NBP Fails to Restore System After Cyberattack
Millions continue to suffer as the National Bank of Pakistan (NBP) has not yet fully restored its banking system after… Read More
NBP Denies Loss of Data After a Massive Cyberattack Disrupts Its Services
Hackers targeted a section of the computer system at the National Bank of Pakistan (NBP) on Friday and caused disruption… Read More
