Governor Jameel Ahmad of the State Bank of Pakistan (SBP) emphasized the importance of collaboration between regulators, financial institutions, industry players, and Shariah scholars to achieve standardization of Islamic financial contracts and streamline processes.
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SBP’s weighted average customer exchange rates on May 29, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for May 29, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Karachi Interbank Offered Rates KIBOR – May 26, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on May 26, 2023.
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SBP’s weighted average customer exchange rates on May 26, 2023
KARACHI: The State Bank of Pakistan (SBP) on Friday issued foreign exchange rates for May 26, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Karachi Interbank Offered Rates KIBOR – May 25, 2023
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on May 25, 2023.
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Pakistan’s foreign exchange reserves drop by $206 million to $9.73 billion
Karachi, May 25, 2023: Pakistan’s foreign exchange reserves witnessed a decline of $206 million, reaching $9.731 billion by the week ended May 19, 2023, according to the State Bank of Pakistan (SBP).
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SBP’s weighted average customer exchange rates on May 25, 2023
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued foreign exchange rates for May 25, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Banking Loans to Private Sector Plummet by 94% in 10 ½ Months
Banking loans extended to the private sector in Pakistan have experienced a significant decline of 94% during the first 10 and a half months of the current fiscal year, as per the latest data released by the State Bank of Pakistan (SBP).
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SBP penalizes five banks with Rs224 million for regulatory violations
Karachi, May 24, 2023 – The State Bank of Pakistan (SBP) has taken strict action against five commercial banks for violating regulatory provisions, including anti-money laundering (AML) laws.
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SBP’s weighted average customer exchange rates on May 24, 2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued foreign exchange rates for May 24, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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