Tag: SBP
Stay informed with SBP announcements, interest rates, banking policies, exchange rates, financial regulations, and economic updates.
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SBP issues procedure for investment in PBC
KARACHI, November 28, 2023 – The State Bank of Pakistan (SBP) has released a comprehensive procedure for expatriate Pakistanis interested in investing in ‘Pakistan Banao Certificates’ (PBC).
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State Bank of Pakistan and Commercial Banks to Close on Kashmir Solidarity Day
Karachi, January 31, 2019 – The State Bank of Pakistan (SBP) declared on Thursday that its offices across the country will remain closed on February 5, 2019, in observance of Kashmir Solidarity Day.
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Pakistan’s foreign exchange reserves increase to $14.8 billion on inflows
KARACHI – Pakistan’s foreign exchange reserves witnessed a robust increase of $1.545 billion for the week ending January 25, 2019, primarily propelled by substantial inflows from Saudi Arabia and the United Arab Emirates (UAE), as reported by the State Bank of Pakistan (SBP) on Thursday.
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SBP raises key policy rate by 25bps to 10.25pc on inflationary concerns
KARACHI: State Bank of Pakistan (SBP) on Thursday decided to further increase key policy rate by 25 basis points to 10.25 percent for next two months effective from February 01, 2019 on concerns over increase in inflation.
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Car loans shrink by 55.3pc on non-filers restriction: State Bank
KARACHI: Car loans in Pakistan witnessed a significant decline of 55.3 percent during the first quarter of the current fiscal year, primarily attributed to government restrictions on non-filers purchasing cars.
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State Bank sells T-Bills worth Rs103.9 billion
KARACHI: The State Bank of Pakistan (SBP) successfully raised Rs103.9 billion through the sale of Market Treasury Bills (MTBs) in an auction held on Wednesday.
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US-China trade tensions: Opportunities, challenges for Pakistan
KARACHI: The State Bank of Pakistan (SBP) in its report on Tuesday highlighted opportunities and challenges for Pakistan in ongoing tensions between the US and China, which have contributed to big swings in key commodity prices and has added uncertainty to the global trade dynamics.
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Unreported gains find way to country’s property market: State Bank
KARACHI: A significant share of the unreported gains finds its way to the country’s property market, which is characterized by low regulatory oversight and absence of concrete know-your-customer requirements, State Bank of Pakistan (SBP) said on Tuesday in a report.
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SBP stresses urgent need to initiate structural reform in economy
KARACHI: The State Bank of Pakistan (SBP) highlighted the critical need for immediate structural reforms in the country’s economy in its report on the State of Pakistan’s Economy for the first quarter of Fiscal Year 2018/2019, released on Tuesday.
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Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent
The State Bank of Pakistan (SBP) has reported a substantial increase of 58 percent in the repatriation of profits and dividends by foreign companies operating in Pakistan during the first half of the current fiscal year.
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