Pakistanis will soon be able to use their own local card payment scheme, namely the PayPak. The State Bank of… Read More
Find Out Which Cities in Pakistan Have the Lowest and Highest Inflation
Islamabad remains one of most the expensive cities of Pakistan with an inflation rate recorded at 5.0 percent, the highest… Read More
NBP Sets Up New Divisions for Digital Banking and Payment Services
In order to materialize its objective and promote State Bank of Pakistan (SBP)’s vision for financial inclusion, the National Bank… Read More
Pakistan’s Banking Sector Increases Its Loan Portfolio By 17%
Pakistan’s banking sector increased its loan portfolio by 17 percent during the last fiscal year. This has resulted in the… Read More
SECP Hosts Session for Agricultural Warehousing Regulations
The Securities and Exchange Commission of Pakistan (SECP) organized a consultative session on agricultural warehousing regulations and commodities based collateral… Read More
FDI Inflow From China Reaches Record High in FY17
The net Foreign Direct Investment (FDI) from China has surged to $1.234 billion, which is more than half of the… Read More
SBP Guidelines Explain How Banks Can Convert Operations to Islamic Mode
State Bank of Pakistan (SBP) has issued detailed guidelines for conversion of a conventional bank into an Islamic bank in… Read More
Tariq Bajwa Appointed As the New SBP Governor
The federal government has announced Tariq Bajwa as the new governor of the State Bank of Pakistan (SBP). Tariq Bajwa,… Read More
Pakistan is Among Countries with the Lowest Fuel Prices
According to the State Bank of Pakistan’s latest report on the ‘State of the Economy’, Pakistan ranks 32 out of… Read More
Government Puts M1 Motorway on Mortgage to Get Rs. 70 Billion Loan
Pakistani government continued its spree of lending money from financial institutions. This time it chose local Islamic banks to generate… Read More
SCB Group Chairman Optimistic About Pakistan’s Economy
Standard Chartered Bank (SCB) Group Chairman, Jose Vinals says that today’s Pakistan is very different from the Pakistan that was… Read More
SECP, SBP Set Up Council of Regulators to Strengthen Financial Stability
The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) signed a letter of Understanding… Read More
