SBP grants Islamic banking license to Faysal Bank
KARACHI: State Bank of Pakistan (SBP) on Friday granted license of Islamic banking license to Faysal Bank Limited.
KARACHI: State Bank of Pakistan (SBP) on Friday granted license of Islamic banking license to Faysal Bank Limited.
KARACHI: Pakistani Rupee (PKR) plunged by 27 per cent or PKR 48.26 to the dollar during the year 2022.
KARACHI: State Bank of Pakistan (SBP) on Thursday enhanced export financing markup rate by 200 basis points to 13 per cent.
KARACHI: The US dollar rose to Pakistani Rupee (PKR) 226.41 on Thursday as demand jumped for import and corporate payments.
KARACHI: State Bank of Pakistan (SBP) on Wednesday announced that it will issue bank notes with signature of new central bank governor Jameel Ahmad from December 29, 2022.
KARACHI: The field offices of the State Bank of Pakistan (SBP) will remain open on Saturday December 31 for exchange old design and large size banknotes.
KARACHI: Pakistani Rupee (PKR) fell further against the US dollar on Wednesday as the State Bank of Pakistan (SBP) lifted a ban on imports.
KARACHI: State Bank of Pakistan (SBP) has withdrawn prior approval for banks for initiating import transactions. Previously the condition was imposed in May 2022.
KARACHI: The State Bank of Pakistan (SBP) on Tuesday said that the last date to redeem bearer prize bonds has been extended considering the hardship of bond holders.
KARACHI: Free fall in Pakistani Rupee (PKR) continued on Tuesday as the US dollar hit PKR 226.15 in interbank foreign exchange market.