Pakistan Customs, Tax, Shipping & Business News Resource
In line with State Bank’s strategic plan to improve Liquidity Management Framework for Islamic Banking Industry and enhance the effectiveness of monetary policy implementation, SBP has introduced Shariah Compliant Standing…
In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches…
Karachi: Meezan Bank, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for Small and Medium Enterprises (SMEs) under…
During the visit of Multan Chamber of Commerce and Industry (MCCI) today, Governor State Bank of Pakistan, Dr. Reza Baqir, witnessed a check distribution ceremony held to mark the disbursement…
Dr. Reza Baqir, Governor State Bank of Pakistan, chaired the annual meeting of Agricultural Credit Advisory Committee (ACAC) today in Multan. He lauded banks performance in achieving the unprecedented level…
بینک دولت پاکستان نے دستاویزیت اور شفافیت بڑھانے اور زرمبادلہ کے نظام کو مزید بہتر بنانے کی غرض سے ایکس چینج کمپنیوں کی جانب سے افراد کو زرمبادلہ کی فروخت…
The total liquid foreign reserves held by the country stood at US$ 22,498.8 million on 26-November-2021. The break-up of the foreign reserves position is as under:- Foreign reserves held by…
Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the actions of the State Bank of Pakistan, particularly with regard to monetary policy…
A deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the Government of the Islamic Republic of Pakistan, represented by the State…
The State Bank of Pakistan (SBP) today issued the revised ‘Corporate Governance Regulatory Framework’ with the objective to further strengthen the corporate governance regime of banks and DFIs and to…
In some sections of the media, SBP’s average inflation forecast of 7-9% in FY22 is being interpreted as the “inflation target” and being compared to the inflation targets of other…
The total liquid foreign reserves held by the country stood at US$ 23,550.6 million on 12-November-2021. The break-up of the foreign reserves position is as under:- i) Foreign reserves held…
Building upon its initiative of end-to-end digitization of regulatory approval process, known as Regulatory Approval System (RAS), State Bank of Pakistan (SBP) has now achieved another milestone by launching a…
Governor State Bank of Pakistan, Dr. Reza Baqir announced that banks have shown overwhelming response to an innovative financing scheme for collateral free lending to SMEs introduced by the State…
The Board of Directors of the State Bank of Pakistan on October 26, 2021 approved the Annual Performance Review on the working of the Bank and its subsidiaries and the…
بینک دولت پاکستان کے گورنر ڈاکٹر رضا باقر نے’میرا پاکستان میرا گھر‘ اسکیم کے تحت پہلی بار گھر کے مالک بننے والوں کے لیے کم لاگت مکانات کے قرضوں کو…
The State Bank of Pakistan (SBP) released its Annual Payment Systems Review (PSR) for the fiscal year 2020-21 today, which shows strong growth in the space of digital financial transactions…
Towards digitization of payments and receipts in the corporate sector, SBP has now made it mandatory for its regulated entities (REs) including banks, microfinance banks, payment system operators and payment…
The State Bank of Pakistan will remain closed on Tuesday, October 19, 2021 (i.e. 12th Rabi-ul-Awal, 1443 A.H.) on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam).
To mark the occasion of 70th anniversary of Pakistan-Germany Diplomatic relations, the Government of Pakistan has decided to issue a commemorative coin of even denomination, i.e. Rs.70. This coin will…