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Tag: SBP

SBP issues banking schedule for fiscal year-end tax collection

June 27, 2025June 27, 2025Shahnawaz Akhter

Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.

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state bank of pakistan 03

SBP declares bank holiday on July 1, 2025

June 27, 2025June 27, 2025Faisal Shahnawaz

Karachi, June 27, 2025 – The State Bank of Pakistan (SBP) has officially declared a bank holiday for Tuesday, July 1, 2025. This annual closure is part of the central bank’s traditional year-end financial closing operations.

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foreign exchange

Pakistan’s weekly forex reserves fall $2.61 billion before fiscal close

June 26, 2025June 26, 2025Shahnawaz Akhter

Karachi, June 26, 2025 — Pakistan’s foreign exchange (forex) reserves have witnessed a dramatic plunge of $2.61 billion in just one week, raising fresh concerns over the country’s external financial stability ahead of the fiscal year-end.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 26, 2025

June 26, 2025June 26, 2025Faisal Shahnawaz

On June 26, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.

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SBP data reveals strong growth in digital transactions

June 25, 2025June 25, 2025Shahnawaz Akhter

Karachi, June 25, 2025 — The State Bank of Pakistan (SBP) has reported a remarkable transformation in Pakistan’s digital payments ecosystem, highlighting robust growth in transaction volumes and user adoption during the third quarter of FY2024–25.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 25, 2025

June 25, 2025June 25, 2025Faisal Shahnawaz

On June 25, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 24, 2025

June 24, 2025May 3, 2026Faisal Shahnawaz

On June 24, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.

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state bank of pakistan 03

SBP publishes latest details of unclaimed bank deposits

June 24, 2025June 24, 2025Shahnawaz Akhter

KARACHI, June 24, 2025 — The State Bank of Pakistan (SBP) has officially released the details of unclaimed bank deposits surrendered by various banks and Development Financial Institutions (DFIs) up to December 31, 2023. In a public notice issued on Tuesday, the SBP informed the general public that these deposits had remained inactive for over […]

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State Bank of Pakistan Report

SBP releases foreign currency rates for June 23, 2025

June 23, 2025June 23, 2025Faisal Shahnawaz

On June 23, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.

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Banking deposits reach historic high of Rs32.72 trillion in Pakistan

June 23, 2025June 23, 2025Shahnawaz Akhter

Karachi, June 23, 2025 — Pakistan’s banking sector has reached a historic benchmark, with total deposits climbing to an all-time high of Rs32.72 trillion by the end of May 2025, as per the latest data released by the State Bank of Pakistan (SBP). This milestone reflects continued public trust in the banking system, even amid […]

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  • Swiatek, Rybakina storm into French Open second round as Wawrinka, Monfils bid farewell
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