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.
KARACHI: State Bank of Pakistan (SBP) on Friday said it will issue commemorative coin of Rs50 to celebrate Golden Jubilee of Pakistan Senate.
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KARACHI: The federal government has borrowed an amount of Rs1.96 trillion from commercial banks during first eight months (July – March) 2022-2023 for budgetary support, State Bank of Pakistan (SBP) said on Thursday.
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KARACHI: Pakistani Rupee (PKR) on Thursday inched up against the dollar in the interbank foreign exchange market.
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KARACHI: Meezan Bank, Pakistan’s leading Islamic Bank, has signed a Memorandum of Understanding (MoU) for providing Shariah advisory services globally, said a statement on Wednesday.
(more…)KARACHI: State Bank of Pakistan (SBP) on Wednesday made important announcement related to withdrawn prize bonds.
(more…)KARACHI: Pakistani Rupee (PKR) on Wednesday lost 56 paisas against the dollar in the interbank foreign exchange market.
(more…)KARACHI: Banking deposits have grown to historic high level of Rs 22.92 trillion by February 2023, according to data released by State Bank of Pakistan (SBP) a day earlier.
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KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) partnered with the British Deputy High Commission (BDHC), Karachi to organize an event to celebrate International Women’s Day.
(more…)KARACHI: Pakistani Rupee (PKR) registered another day of erosion against the US dollar on Tuesday and ended at PKR 282.29 in interbank foreign exchange market.
(more…)KARACHI: Pakistani Rupee (PKR) on Monday weakened against the dollar by 84 paisas to end at PKR 281.61 in the interbank foreign exchange market.
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