Karachi, November 8, 2023 – In response to the Punjab government’s public holiday declaration on Friday, November 10, 2023, due to the severe smog situation, the State Bank of Pakistan (SBP) has directed all commercial banks and microfinance institutions (MFIs) to close their branches in affected areas of the province.
(more…)Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
