Pakistan Customs, Tax, Shipping & Business News Resource
The annual meeting of Agricultural Credit Advisory Committee (ACAC) was held on December 14, 2023 in Lahore, under the chairmanship of the Governor, State Bank of Pakistan (SBP), Mr. Jameel…
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, while chairing the annual meeting of Agricultural Credit Advisory Committee (ACAC) in Hyderabad referred to the devastation caused by recent floods…
It has been noticed that a few complaints have been circulating on social media platforms regarding non-acceptance of donations from general public in “CM Flood Relief Fund” of KP and…
State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs1,800 billion to the financial institutions for FY23 to cater to the agriculture credit demand in the…
In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification of refinance claims under the Export Finance Scheme (EFS). Automated verification…
Deputy Governor – State Bank of Pakistan (SBP), Ms. Sima Kamil, chaired the Quarterly Follow-up Meeting of Agricultural Credit Advisory Committee (ACAC) today in Karachi. The meeting reviewed progress on…
The Government of Pakistan and the State Bank of Pakistan assure all account holders maintaining Foreign Currency Accounts (FCA), Roshan Digital Accounts (RDA) and Safety Deposit Lockers in banks in…
In an overwhelming response to the first ever Mera Pakistan Mera Ghar (MPMG) Mela organized by State Bank in Faisalabad, banks logged in applications of Rs18 billion from applicants. In…
State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad today to increase awareness about the affordable housing financing scheme introduced jointly by the SBP and the…
Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen and coordinate efforts of SBP, banks and Federal Investigation Agency…
New Mastercard feature enables banks to equip people with carbon footprint data and insights about environmental impact Recent research by Mastercard revealed 90% of adults in are willing to take…
KARACHI: State Bank has notified that banks shall open 50% of their total authorized branches dealing in foreign exchange & trade activities on 10th May, 2021 (Monday) while the remaining…
Prime Minister Mr. Imran Khan paid rich tribute to Overseas Pakistanis for their overwhelming response to the Roshan Digital Account (RDA). He said their support and vote of confidence have…
Call centers are rapidly becoming customers’ top choice to communicate with their Banks. Over time, the use of call centers by customers to seek information, guidance and redressal of complaints…
KARACHI: Managing Director of State Bank of Pakistan’s Banking Services Corporation Muhammad Ashraf Khan has said that digitalization of foreign exchange, which started in March 2020, has been expanded from…
State Bank of Pakistan (SBP) has conducted a four year (2016-2019) review of complaints against Banks/MFBs/DFIs. The objective of the review was to gain insights on effectiveness of complaint management…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has stressed that the rate of GST should be reduced by 3 percent to 14 percent from…
KARACHI: Two core departments of State Bank of Pakistan (SBP) related to forex operations i.e. Exchange Policy Department (EPD) & Foreign Exchange Operations Department (FEOD) have recently arranged series of…
LONDON: Banks in Lebanon, including Byblos Bank S.A.L., which have been closed since 18 October 2019 and are set to reopen on 1 November 2019, a press release issued to…
SYDNEY: National Australia Bank Limited (NAB) notes that S&P Global Ratings (S&P) has revised its view of the economic risks facing banks operating in Australia, reflecting the orderly decline in…