State Bank of Pakistan (SBP) has announced the launch of a portal for Prime Minister Youth Business Loan (PMYBL) Scheme,… Read More
State Bank Suffers 43% Decline in Profits
State Bank of Pakistan has unveiled its annual report for FY16 which shows that the bank has suffered a 43 percent… Read More
Banks Could Meet Only 55% of Public Demand For Fresh Currency Notes
State Bank of Pakistan’s SMS service (8877) for new currency notes has disappointed majority of the Pakistanis as entire banking industry… Read More
SBP Directs Banks To Take Action Against Branchless Banking Agents for Overcharging
State Bank of Pakistan (SBP), through a new policy framework, has directed commercial banks and microfinance banks to take prompt… Read More
SBP Shifts Responsibility of Mobile Banking Fraud to Banks
The Pakistan Telecommunication Authority (PTA) and the State Bank of Pakistan (SBP) have decided to make mobile banking a much… Read More
Branchless Banking Accounts Grew 40% During Q1 2015
Thanks to biometric re-verification of SIMs, cellular mobile operators were able to register branch-less banking mobile accounts with a single… Read More
SBP Rules for Payment System Operators: Red Card Shown to Startups, Entrepreneurs
We recently discussed the need of an online payment gateway in Pakistan. And here we are with news from State Bank… Read More
SBP Allows Waseela Bank to Commence Operations
The State Bank of Pakistan has allowed Waseela Microfinance Bank, a subsidy of Orascom Telecom and sister concern of Mobilink,… Read More
3G Auction Can Attract $ 1 Billion: Governor SBP
The auction of 3G licenses in Pakistan can attract more than one billion dollar as against a minimum target of… Read More
PTA Signs MoU with SBP For Promoting Mobile Banking in Pakistan
Pakistan Telecommunication Authority (PTA) & State Bank of Pakistan have jointly signed a Memorandum of Understanding (MoU) to formalize cooperation… Read More
UBL Deceives Customers to Charge Extra for NetBanking Services
United Bank Limited was long working on its website revamp, which eventually materialized yesterday and customers were greeted with new… Read More
Pakistan’s Imports of IT Services Up 18.5% in Jul-Nov 2011
Pakistan’s imports of Information Technology (IT) and IT enabled service (ITES) have witnessed growth of 18.5 percent in first five… Read More