The State Bank of Pakistan (SBP) has instructed all issuing and acquiring banks, payment schemes and microfinance banks to refrain… Read More
Pakistani Owned Properties Worth Rs. 4.2 Trillion Traced to Dubai
Ever since Imran Khan has come into power, the austerity drive and the task of bringing back looted money which… Read More
Woman From Karachi Declares Rs 165 Billion Under Tax Amnesty Scheme
Karachi’s citizen pays the highest tax under the government’s tax amnesty scheme.… Read More
Banks and Their Employees to Donate to Diamer Basha and Mohmand Dam Fund
State Bank of Pakistan (SBP) and commercial banks have pledged employees salary as well as organizational donations for the Supreme Court… Read More
SBP Raises No Objections Against KASB Bank-BankIslami Merger
The State Bank of Pakistan on Thursday released a “no objection” statement on the valuation of the now-defunct KASB Bank… Read More
Foreign Exchange Reserves Fall by $602 Million: SBP
The State Bank has used $602 million in just one week for debt servicing and other payments.… Read More
SBP Received 2.3 Million Requests for Fresh Currency Notes Via SMS
The State Bank of Pakistan (SBP) has received an overwhelming response from the public against the SMS service (8877) launched… Read More
JazzCash to Assist NBP in its Service of Excise and Taxation Dept.
A signing ceremony between JazzCash, National Bank of Pakistan and Excise & Taxation Department, Government of Balochistan took place in… Read More
SBP Issues Credit Ratings of Banks, Microfinance Banks and DFIs
State Bank of Pakistan (SBP) has updated the credit ratings of 50 commercial banks, microfinance banks, and Development Finance Institutions… Read More
SBP Approves Local Lender Funding for edotco’s Takeover of 13000 Jazz Towers
edotco Pakistan Private Limited (edotco PK) has successfully obtained an approval from the State Bank of Pakistan (SBP) allowing local… Read More
SBP Sets Paid-up Capital Limit of Rs. 225 Million for Private Credit Bureaus
In light of the verdict issued by High Court of Sindh (SHC), State Bank of Pakistan (SBP) has notified that… Read More
Banking Sector Key Contributor to Country’s Development: Miftah Ismail
Adviser to Prime Minister on Finance, Miftah Ismail, said that banking was a vibrant sector and a key contributor to… Read More