State Bank of Pakistan has temporarily waived off the One Time Password (OTP)/Call Back Confirmation (CBC) requirement till 10 May… Read More
SBP and NBP Branches to Remain Open on December 31st
In order to facilitate the collection of Government receipts/duties/taxes, it has been decided that the field offices of SBP Banking… Read More
Govt Notifies 13-Member Committee to End Interest-Based Banking in Pakistan
To fulfill the government’s commitment to integrate Islamic banking into the economic fabric of the country by eliminating the interest-based… Read More
Govt Launches Markup Subsidy and Risk-Sharing Financing Scheme for Farmers
In order to enhance agriculture productivity and food security in the country, the Government of Pakistan (GoP) has introduced a… Read More
Govt Rejects All Bids for Fixed Rate PIBs in Auction
The government rejected all the bids for fixed-rate Pakistan Investment Bonds (PIBs) against a target of Rs. 175 billion at… Read More
Pakistan’s Savings and Investment GDP Rate Lowest in Region
Pakistan saving to GDP rate stands around 12 percent which is the lowest in the region and peer economies, according… Read More
Pakistan’s Real GDP Growth to Remain Below 3% in FY23: SBP
Pakistan’s economic growth is expected to moderate considerably during the financial year 2022-23 (FY23), said the State Bank of Pakistan… Read More
From Pioneers to Leaders: HBL Microfinance Bank Recognized as the Best Microfinance Bank in Pakistan
HBL Microfinance Bank (HBL MfB), the pioneer of microfinance in Pakistan, has been recognized as the Best Microfinance Bank by… Read More
NBP Suspends Thousands of Pensioner Accounts Temporarily
The National Bank of Pakistan (NBP) has temporarily closed the accounts of thousands of pensioners to biometrically verify all account… Read More
Bookme.pk and MCB Bank Team Up to Evolve The Traveling Experience
Bookme.pk has teamed up with the MCB bank to bring a transformation in the travel industry of Pakistan. This is… Read More
Pending LCs to be Cleared after Consultation with Commerce Ministry: SBP Governor
The State Bank of Pakistan (SBP) has cleared 30,000 pending cases of letters of credit (LCs) and others will be… Read More
UAE Investor to Acquire 3.98 Billion Shares of Summit Bank
Prominent UAE investor Nasser Abdulla Hussain Lootah, the Chairman of Nasser Abdulla Lootah Group and a major shareholder of Summit… Read More
