Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP issues KIBOR rates on February 08, 2022
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued the Karachi Interbank Offered Rates (KIBOR) as of February 08, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.72 10.22 2 – Week 9.77 10.27 1 – Month 9.83 10.33 3 – Month 10.13 10.38 6 – Month 10.49 10.74 9 – Month 10.58 11.08…
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Customers’ exchange rates on February 08, 2022
Karachi, February 08, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 08, 2022, providing valuable information on currency values against the Pakistani Rupee.
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SBP imposes penalty of Rs58 million on five banks
KARACHI: The State Bank of Pakistan (SBP) has imposed penalty of Rs58 million on five commercial banks for violating regulatory provisions during quarter ended December 31, 2021. According to an official note released on Tuesday, the SBP said it had imposed penalty on five commercial banks, included: Bank Alhabib Limited, The Bank of Punjab, Standard…
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UBL gets DD approval to acquire Telenor Microfinance Bank
KARACHI: United Bank Limited (UBL) has been granted regulatory approval to commence due diligence (DD) of Telenor Microfinance Bank Limited. In a communication shared with the Pakistan Stock Exchange (PSX) on Tuesday, UBL said that the State Bank of Pakistan (SBP) had granted in-principle approval to UBL to commence the due diligence of Telenor Microfinance…
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SBP issues KIBOR rates on February 07, 2022
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as of February 07, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.76 10.26 2 – Week 9.80 10.30 1 – Month 9.84 10.34 3 – Month 10.13 10.38 6 – Month 10.49 10.74 9 – Month 10.58 11.08…
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SBP welcomes Pakistanis in KSA for RDA support
KARACHI: The State Bank of Pakistan (SBP) has welcomed the Pakistani diaspora in the Kingdom of Saudi Arabia (KSA) for their support of the SBP’s initiative of Roshan Digital Account (RDA).
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Customers’ exchange rates on February 07, 2022
Karachi, February 07, 2022: The State Bank of Pakistan (SBP) has unveiled the official exchange rates for February 07, 2022, providing essential information on currency values against the Pakistani Rupee.
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Banks directed to aware exchanging old banknotes
KARACHI: The State Bank of Pakistan (SBP) on Friday directed all commercial banks and microfinance banks to display messages to create awareness in general public regarding last date for exchanging old design banknotes. The SBP said that the last date for exchanging the old banknotes of denominations of Rs10, 50, 100 and 1000 is December…
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SBP issues KIBOR rates on February 04, 2022
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as of February 04, 2022. Following are the latest KIBOR rates: Tenor BID OFFER 1 – Week 9.74 10.24 2 – Week 9.78 10.28 1 – Month 9.83 10.33 3 – Month 10.13 10.38 6 – Month 10.48 10.73 9 – Month 10.58 11.08…
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Customers’ exchange rates on February 04, 2022
Karachi, February 04, 2022: The State Bank of Pakistan (SBP) has issued the official exchange rates for February 04, 2022, providing essential information on currency values against the Pakistani Rupee.
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