All
 

 

Just in:  

You are here: Home»Pakistan»Banking & Finance

Banking & Finance

Archive

Creation of special unit in State Bank for complaints against banks KARACHI: State Bank of Pakistan (SBP) has been receiving complaints from various quarters regarding discrimination by banks on the basis of high-risk category of customers including their status as politically exposed persons (PEPs).Special Unit in Consumer Protection Department (CPD) of SBP has been created for handling grievances against such discriminatory practices. This Unit will monitor and handle the complaints which remain unresolved by banks' internal procedure, SBP statement said on Thursday.SBP's instructions issued in circular dated August 19, 2008 already prohibit discrimination on the basis of specific occupation, trade, region, gender and other factors while providing financial services in normal course of business.SBP has, therefore, reiterated that banks/DFIs should not discriminate any customer merely on the ground that he/she belongs to a particular category of customers. State Bank has also advised all banks/DFIs to put in place an internal mechanism for speedy handling of such complaints and nominate senior officers ...

SBP injects Rs 133.3bn into market KARACHI: State Bank of Pakistan (SBP) on Thursday injected Rs 133.3 billion into market for eight days through its open market operation (OMO).The rate of return is 6.53 percent per annum, said SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs133.3bn into market KARACHI: State Bank of Pakistan (SBP) on Thursday injected Rs. 133.3 billion into market for eight days through its open market operation (OMO).The rate of return is 6.53 percent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP sells MTBs of Rs187,904.931mn KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted Rs. 187,904.931 million for the sale Government of Pakistan Market Treasury Bills (MTBs) with maturity period of 3, 6 and 12-months.The bids offered were of Rs. 201,990.471 million, said SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs50.05bn into market KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs 50.05 billion into open market for three days through its open market operation (OMO). The rate of return accepted is 6.52 percent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
FBR seeks two-month transaction record from banks ISLAMABAD: Federal Bureau of Revenue has directed all banks to submit details of two-month transaction record till September 15.It sought transaction record of more than Rs 50,000 from all the banks that had been done in the past two months, a private news channel reported Saturday.Names, identity card numbers, quantity of transactions would also be provided by the banksThe record of those who are not paying withholding tax, will be checked and processed in this ...
SBP injects Rs1075bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs 1075 billion into money market for seven days through its open market operation (OMO). The rate of return accepted is 6.51 percent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 16,374.76 0.14
Arrow Nasdaq 4,733.50 0.35
Arrow S&P 1,951.13 0.12
Arrow FTSE 6,194.10 1.82
Arrow DAX 10,317.84 2.68
Arrow CAC-40 4,653.79 2.17
Arrow Nikkei 18,182.39 0.48
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,764.78 1.22





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln