Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP issues bank timings as per six-day working week
KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued new banking timings after federal government’s announcement of six days working in a week. The SBP in a statement said that as per decision of the Federal Government the State Bank of Pakistan (SBP) will observe six days working week with the following office hours…
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SBP issues KIBOR rates – April 12, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as on April 12, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.22 12.72 2 – Week 12.25 12.75 1 – Month 12.29 12.79 3 – Month 12.37 12.62 6 – Month 12.78 13.03 9 – Month 12.83 13.33…
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FSC reserves judgment in Riba free banking case
ISLAMABAD: The full bench of Federal Shariat Court has reserved judgment in case of Riba free Islamic banking system in Pakistan, according to a statement issued on Tuesday. The full bench of the Court comprising of Justice Muhammad Noor Meskanzai Chief Justice, Justice Dr. Syed Muhammad Anwar and Justice Khadim Hussain M. Shaikh, in exercise…
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SBP’s customer exchange rates – April 12, 2022
KARACHI, April 12, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Tuesday, April 12, 2022.
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SBP issues KIBOR rates – April 11, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on April 11, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.22 12.72 2 – Week 12.25 12.75 1 – Month 12.28 12.78 3 – Month 12.38 12.63 6 – Month 12.80 13.05 9 – Month 12.84 13.34…
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SBP’s customer exchange rates – April 11, 2022
KARACHI, April 11, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Monday, April 11, 2022.
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SBP issues KIBOR rates – April 08, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on April 08, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 12.19 12.69 2 – Week 12.22 12.72 1 – Month 12.24 12.74 3 – Month 12.39 12.64 6 – Month 12.93 13.18 9 – Month 12.96 13.46…
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SBP’s customer exchange rates – April 08, 2022
KARACHI, April 08, 2022 – The State Bank of Pakistan (SBP) has issued the official exchange rates for customers on Friday, April 08, 2022.
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SBP raises mark-up rate for export financing scheme
KARACHI: The State Bank of Pakistan (SBP) on Thursday increased mark-up rate for refinancing under Export Financing Scheme (EFS). The SBP increased the rate of mark-up for export financing scheme following sharp jump in key policy rate by 250 basis points to 12.25 per cent. READ MORE: SBP issues list to impose 100% cash margin…
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SBP issues list to impose 100% cash margin on import
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued a list of 177 items for imposing 100 per cash margin on import with immediate effect. In this regard, it has been decided that banks, with immediate effect, shall obtain 100 percent cash margin on the import of items as listed in the enclosed Annexure-A.…
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