Karachi, December 29, 2023 – The State Bank of Pakistan (SBP) took a significant step towards enhancing customer satisfaction on Friday by launching a dedicated portal, ‘Sunwai,’ aimed at streamlining the process of lodging complaints against banks, microfinance banks (MFBs), and development financial institutions (DFIs).
(more…)Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
-

SBP Releases Foreign Exchange Rates for December 29, 2023
KARACHI, December 29, 2023 – Today, the State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers, setting the tone for cross-border transactions on December 29, 2023.
(more…) -

Bank Holiday Declared on January 1, 2024 by SBP
Karachi, December 29, 2023 – In an official announcement, the State Bank of Pakistan (SBP) declared a bank holiday on January 1, 2024.
(more…) -

SBP Records $852 Million Surge in Foreign Exchange Reserves
Karachi, December 28, 2023 – The State Bank of Pakistan (SBP) reported a significant uptick in its official foreign exchange reserves, recording a noteworthy increase of $852 million for the week ending December 22, 2023.
(more…) -

SBP Releases Foreign Exchange Rates for December 28, 2023
KARACHI, December 28, 2023 – Today, the State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers, setting the tone for cross-border transactions on December 28, 2023.
(more…) -

Foreign Investors Withdraw $532 Million from Pakistan in 5MFY24
Karachi, December 28, 2023 – In the first five months (July – November) of fiscal year 2023-24, foreign investors have withdrawn $532 million from Pakistan under the category of profit and dividends, according to data released by the State Bank of Pakistan (SBP).
(more…) -

SBP Issues Instructions to Banks for ITM Export Facilitation
Karachi, December 27, 2023 – The State Bank of Pakistan (SBP) has issued crucial instructions to banks regarding International Toll Manufacturing (ITM) under the Export Facilitation Scheme (EFS).
(more…) -

SBP Releases Foreign Exchange Rates for December 27, 2023
KARACHI, December 27, 2023 – Today, the State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers, setting the tone for cross-border transactions on December 27, 2023.
(more…) -

SBP Releases Foreign Exchange Rates for December 26, 2023
KARACHI, December 26, 2023 – Today, the State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers, setting the tone for cross-border transactions on December 26, 2023.
(more…) -

SBP Releases Foreign Exchange Rates for December 22, 2023
KARACHI, December 22, 2023 – Today, the State Bank of Pakistan (SBP) has disclosed the foreign exchange rates for customers, setting the tone for cross-border transactions on December 22, 2023.
(more…)