Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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Customers’ exchange rates on March 03, 2022
Karachi, March 03, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for March 03, 2022, providing an overview of currency values against the Pakistani Rupee.
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SBP issues KIBOR rates on March 02, 2022
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as of March 02, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.72 10.22 2 – Week 9.78 10.28 1 – Month 9.88 10.38 3 – Month 10.40 10.65 6 – Month 10.81 11.06 9 – Month 10.85 11.35…
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SBP issues QR standards to accelerate digital payments
KARACHI: The State Bank of Pakistan (SBP) has issued standards for Quick Response (QR) code based payments in the country to accelerate digitization of retail payments, a statement said on Wednesday. These standards are to be met for issuing of QR codes and accepting of payments through the same. This initiative is a part of…
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Customers’ exchange rates on March 02, 2022
Karachi, March 02, 2022: The State Bank of Pakistan (SBP) has released the official exchange rates for March 02, 2022, providing a comprehensive view of currency values against the Pakistani Rupee.
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SBP issues KIBOR rates on March 01, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of March 01, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.73 10.23 2 – Week 9.79 10.29 1 – Month 9.88 10.38 3 – Month 10.37 10.62 6 – Month 10.78 11.03 9 – Month 10.83 11.33…
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Customers’ exchange rates on March 01, 2022
Karachi, March 01, 2022: The State Bank of Pakistan (SBP) has unveiled the official exchange rates for March 01, 2022, providing a comprehensive overview of currency values against the Pakistani Rupee.
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Pakistan’s e-banking registers sharp increase in 1QFY22
KARACHI: Pakistan’s e-banking registered sharp growth in the first quarter of the fiscal year 2021/2022, the central bank said on Monday. E-banking—defined as transactions conducted via electronic channels (including Real-time Online Branches, ATMs, mobile banking, internet banking, call center banking, POS and e-Commerce), continued to thrive in both volume and value during the quarter under…
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SBP issues KIBOR rates on February 28, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of February 28, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.74 10.24 2 – Week 9.79 10.29 1 – Month 9.88 10.38 3 – Month 10.36 10.61 6 – Month 10.78 11.03 9 – Month 10.81 11.31…
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Customers’ exchange rates on February 28, 2022
Karachi, February 28, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 28, 2022, offering a snapshot of currency values against the Pakistani Rupee.
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SBP relaxes financing for under construction houses
KARACHI: The State Bank of Pakistan (SBP) has relaxed financing conditions for housing units in under construction projects. The central bank issued a circular dated February 25, 2022 to ease the conditions for house financing. It said that in order to further facilitate buyers of housing units in under construction projects, requirement of builder/developer to…
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