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Tag: SBP

state bank of pakistan 03

Government bank borrowing surges 61% in 9MFY26, SBP data shows

April 7, 2026April 7, 2026Shahnawaz Akhter

The federal government’s borrowing from commercial banks surged by 61% during the first nine months of fiscal year 2025-26, highlighting growing reliance on domestic financing, according to data released by the State Bank of Pakistan (SBP).

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SBP launches major reforms to support freelancers and IT exporters

April 6, 2026April 6, 2026Hamza Shahnawaz

Karachi, April 6, 2026 – The State Bank of Pakistan (SBP) has introduced a series of landmark initiatives aimed at facilitating freelancers and IT exporters, marking a significant step toward strengthening Pakistan’s digital economy.

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State Bank of Pakistan Report

SBP Issues Interbank Exchange Rates for April 6, 2026

April 6, 2026April 6, 2026Faisal Shahnawaz

The State Bank of Pakistan (SBP) has released the latest interbank foreign exchange rates for Monday, April 6, 2026, providing guidance to banking customers and businesses engaged in international transactions across Pakistan.

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Pakistan UAE

Ministry clarifies UAE deposit repayment, rejects misleading claims

April 4, 2026April 4, 2026Mrs. Anjum Shahnawaz

Islamabad, April 4, 2026 – The Ministry of Foreign Affairs has firmly rejected recent misleading and unfounded commentary regarding financial deposits from the United Arab Emirates (UAE) held with the State Bank of Pakistan (SBP), clarifying that the repayment process is part of routine financial arrangements between the two countries.

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Pakistan allows teen bank accounts: SBP new framework

April 1, 2026April 1, 2026Faisal Shahnawaz

Karachi, April 1, 2026 – In a major step towards financial inclusion, the State Bank of Pakistan (SBP) has introduced a new framework allowing teenagers aged 13 to 18 years to open and operate bank accounts in their own names. The initiative aims to promote savings habits and provide early exposure to financial services among […]

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SBP warns Middle East conflict may hit Pakistan economy

March 27, 2026March 27, 2026Mrs. Anjum Shahnawaz

Islamabad, March 27, 2026 – The ongoing conflict in the Middle East is expected to put significant pressure on Pakistan’s trade balance and inflation, according to the State Bank of Pakistan. The warning came in the minutes of the Monetary Policy Committee (MPC) meeting, reflecting the central bank’s concerns over rising energy costs and their […]

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Foreign investors pull $1.73bn profits from Pakistan in 8 months

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi, March 25, 2026 – Foreign investors operating in Pakistan repatriated around $1.73 billion in profits and dividends during the first eight months (July–February) of fiscal year 2025–26, according to data released by the State Bank of Pakistan (SBP).

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SBP report on banking sector

SBP unveils major changes to foreign currency accounts

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has issued comprehensive new instructions for banks regarding the opening, operation, and maintenance of foreign currency accounts and non-resident rupee accounts, aiming to boost foreign investment and improve financial access.

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state bank of pakistan 03

SBP expands Roshan Digital Accounts to foreign investors

March 25, 2026March 25, 2026Faisal Shahnawaz

Karachi – The State Bank of Pakistan (SBP) has introduced key regulatory changes to expand the scope of Roshan Digital Accounts (RDA), allowing broader access for non-resident individuals and foreign corporate entities.

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SBP cancels licenses of two exchange companies in crackdown

March 24, 2026March 24, 2026Faisal Shahnawaz

Karachi, March 24, 2026 – The State Bank of Pakistan (SBP) has intensified its crackdown on illegal financial activities by cancelling the licenses of two money exchange companies over serious regulatory violations.

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