The State Bank of Pakistan (SBP) will observe 1st January 2018 as a bank holiday and it will remain shut… Read More
Branchless Banks Asked to Give Rs. 100 of Mobile Balance on Remittances
State Bank of Pakistan (SBP) has asked branchless banking (BB) players to give free airtime of Rs. 100 to their… Read More
State Bank Completely Misses Targets for Treasury Bills Auction
Banks are reluctant to lend the government for the long term. They are anticipating a higher interest rate as after… Read More
Pakistan’s Current Account Deficit Crosses $6 Billion in 5 Months
Pakistan’s current account deficit (CAD) has reached a record high level, by crossing $6 billion in a short span of… Read More
SBP Announces Time Saving Incentive For Exporters
In the wake of successful implementation of Electronic Form-E (EFE) module in WeBOC, the central bank allowed exporters to directly… Read More
SECP Approves Shariah Advisors Regulations 2017
In order to enhance the credibility of Islamic financial services sector, the Securities and Exchange Commission of Pakistan (SECP) has… Read More
The State Bank Is Underestimating the Threat To Pakistan’s Economy: Brokerage House
This Monday, a local brokerage house pointed out that the State Bank of Pakistan (SBP) underestimates the threats faced by… Read More
SBP Targets 4.27 Million Farmers with its Agri Credit Outreach Program
The State Bank of Pakistan (SBP) has enhanced the credit outreach target to farmers by one million to 4.27 million… Read More
Current Account Deficit Maintains Huge Gap of 210% in July
The growing expense of the imports and the low receipts of foreign exchange continued to show a huge deficit 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
Standing Committee on Finance to Simplify SECP Rules for Social Enterprises
Social Entrepreneurship has immense potential to contribute and to give boost to overall economy of Pakistan. Hence, the government has… Read More
PPP Senator Calls for Ban on Rs. 1,000 and Rs. 5,000 Currency Notes in Pakistan
After Indian Prime Minister Narendra Modi’s announcement of demonetisation of Rs1,000 and Rs500 banknotes a few days back, Osman Saifullah Khan,… Read More