Bank notes stick around for a long time. Old ones take several years and at times even a whole decade… Read More
Banking Transactions Fall in Pakistan, Thanks to Taxes
There has been a marked decline in bank based transactions with out of bank settlements increasing. According to the latest… Read More
FDI Posts 48 Percent Decline This Fiscal Year
State Bank of Pakistan (SBP) on Tuesday revealed that the Foreign Direct Investment (FDI) has posted a 48 percent decline… Read More
Pakistan Tells India and Bangladesh to Return Rs. 15.25 Billion in Debts
The State Bank of Pakistan has decided to call in debts owed by India and Bangladesh. SBP wrote to all… Read More
State Bank Gives Banks Framework to Improve Customer Service
The State Bank of Pakistan (SBP) has taken the initiative of launching a conduct assessment framework (CAF) to promote the… Read More
SBP Revises Transactions Limits for Branchless Banking Accounts
State Bank of Pakistan (SBP) has revised the limit of transactions and maximum balance of the Level 0 and Level… Read More
SBP Directs Banks To Make Arrangements to Meditate Cyber / Hacking Attacks
With the increase in hacking attacks on the banks that cost losses and inconvenience to customers, State Bank of Pakistan has given… Read More
SBP Tells Banks to Stop Misleading Customers
State Bank of Pakistan (SBP) has taken an initiative to stop commercial banks using tactics to befool customers to make… Read More
SBP Asks Banks to Adopt Europay MasterCard Visa (EMV) Standards by 2018
State Bank of Pakistan (SBP) has made it mandatory for commercial banks including microfinance banks and card service providers to… Read More
SBP Sets Rs 200 Million Paid-Up Capital Requirement for Third Party Service Providers
State Bank of Pakistan (SBP) has set up a requirement of Rs 200 million for paid-up capital for Third Party… Read More
Governor SBP Sees Cooperation Among SAARC Countries for Regional Banking Framework
Governor State Bank of Pakistan, Ashraf Mahmood Wathra, has emphasized the importance of enhanced cooperation among the central banks to… Read More
International Remittances Grow By 4 Percent During 2015-16
According to a statement made by State Bank of Pakistan (SBP), the oversea workers’ have remitted $14157.65 million in a… Read More
