SBP Archives - Page 71 of 372

SBP Modernizes Agriculture Loan Process with New Alternatives

November 15, 2024November 15, 2024Shahnawaz Akhter

Karachi, November 15, 2024 – The State Bank of Pakistan (SBP) has introduced streamlined procedures and documentation requirements for agricultural loans, aiming to simplify the process for farmers and financial institutions alike.

SBP Issues Foreign Exchange Rates for November 15, 2024

November 15, 2024November 15, 2024Faisal Shahnawaz

Today, November 15, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan’s Net Forex Reserves Increase to $15.966 Billion

November 14, 2024November 14, 2024Shahnawaz Akhter

Karachi, November 14, 2024 – Pakistan’s foreign exchange (forex) reserves saw a slight increase, reaching $15.966 billion by the end of the week on November 8, 2024, according to the State Bank of Pakistan (SBP). This marks an increase of $34 million from the previous week’s level of $15.932 billion, signaling a positive but modest […]

SBP Issues Foreign Exchange Rates for November 14, 2024

November 14, 2024November 14, 2024Faisal Shahnawaz

Today, November 14, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

SBP Raises Rs 776 Billion Through T-Bill Auction

November 13, 2024November 13, 2024Shahnawaz Akhter

Karachi, November 13, 2024 – The State Bank of Pakistan (SBP) secured Rs 776 billion through its latest auction of Market Treasury Bills (MTBs) on Wednesday, marginally short of the Rs 800 billion target set for the auction.

SBP Issues Foreign Exchange Rates for November 13, 2024

November 13, 2024November 13, 2024Faisal Shahnawaz

Today, November 13, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Abhi, TPL Corp Secure SBP Approval for FINCA Bank Acquisition

November 12, 2024November 12, 2024Faisal Shahnawaz

Karachi, November 12, 2024 – In a significant development for Pakistan’s financial sector, Abhi Private Limited and TPL Corp Limited have received approval from the State Bank of Pakistan (SBP) to jointly acquire FINCA Microfinance Bank Limited.

SBP Issues Foreign Exchange Rates for November 12, 2024

November 12, 2024November 12, 2024Faisal Shahnawaz

Today, November 12, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

Pakistan’s Total Debt, Liabilities Rise to Rs 85.84 Trillion in 1QFY25

November 12, 2024November 12, 2024Shahnawaz Akhter

Karachi, November 11, 2024 – Pakistan’s fiscal challenges intensified as total debt and liabilities surged to Rs 85.84 trillion by the end of the first quarter of FY2024-25, the State Bank of Pakistan (SBP) reported Monday.

SBP Issues Foreign Exchange Rates for November 11, 2024

November 11, 2024November 11, 2024Faisal Shahnawaz

Today, November 11, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.

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