Pakistan receives $3.5 billion remittances in April 2026
State Bank of Pakistan on Monday announced that Pakistan received $3.5 billion in workers’ remittances during April 2026.
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Tag: SBP
SBP extends CIF oil import relaxation till July 10, 2026
KARACHI, May 7, 2026 — The State Bank of Pakistan (SBP) has extended the deadline for allowing crude oil and petroleum imports on cost, insurance and freight (CIF) basis until July 10, 2026, according to a notification issued on Thursday.
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Pakistan weekly forex reserves inch up by $25 million
KARACHI, May 7, 2026 – Pakistan’s foreign exchange reserves posted a modest increase of $25 million during the week ended April 30, the central bank said on Thursday, supported by stable inflows and improving external sector expectations.
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SBP Updates on Riba-Free Banking Conversion in Pakistan
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has shared progress on Pakistan’s transition toward a Riba-free banking system in line with the landmark judgment of the Federal Shariat Court (FSC).
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Banks Flourish on Back of Government Securities: SBP
KARACHI, May 5, 2026 – Pakistan’s banking sector posted strong growth in 2025, largely driven by increased investments in government securities, according to the latest report by the State Bank of Pakistan (SBP).
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SBP Ready to Take Measures to Address Risks Amid Middle East Conflict
KARACHI, May 5, 2026 – Governor Jameel Ahmad said the State Bank of Pakistan (SBP) is fully prepared to take necessary measures to safeguard financial stability amid risks arising from the ongoing Middle East conflict.
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SBP Imposes Rs265,000 Monetary Penalty on Bank Makramah
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.
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SBP sets 15-day deadline for housing loan approvals under Apna Ghar scheme
KARACHI, April 28, 2026 — The State Bank of Pakistan (SBP) has introduced new guidelines to accelerate housing loan approvals, directing banks and financial institutions to process applications within a maximum of 15 working days under the government-backed Apna Ghar housing initiative.
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Banks, PSX to remain closed on May 1 for Labour Day
KARACHI, April 28, 2026 – Pakistan’s central bank said on Tuesday that all commercial banks and financial institutions will remain closed on Friday, May 1, in observance of Labour Day, a public holiday marked across the country.
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SBP hikes policy rate to 11.5% as Middle East crisis fuels inflation shock
KARACHI, April 27 – The State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 11.50% on Monday, warning that intensifying geopolitical tensions in the Middle East have significantly heightened risks to inflation, external stability and overall macroeconomic conditions.
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