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SBP injects Rs600.05bn   KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation in treasury bills and Pakistan Investment Bonds has injected Rs. 600.05 billion in the banking system.   According to SBP here Friday, the offered amount was Rs. 619.65 billion while the rate of return for 7-day remained unchanged at 8.78 percent per annum.     Copyright APP (Associated Press of Pakistan), 2013     ...

MCB announces financial results, assets grew by 17pc, NPL reduced by 4pc KARACHI: The Board of Directors of the MCB Bank has declared final cash dividend of Rs. 3 and 10pc bonus shares, in addition to interim cash dividends of Rs. 10 already paid for the year ended December 31, 2012, a statement said on Thursday.   It said that the earnings per share (EPS) for the year came to Rs. 22.77 compared to Rs. 21.12 for December 31, 2011. Return on assets came to 2.95pc, return on equity ...
SBP accepts bids worth Rs223.162bn for T-Bills KARACHI: The State Bank of Pakistan (SBP) has accepted bids with a face value of Rs. 223.162 billion from primary dealers against the tender for sale of Market Treasury Bills (MTBs) for three, six and 12 months for from February 4 to 6, 2013).   According to SBP here Wednesday, the cut-off yield for three months stood to 9.0942pc, 6-month 9.1645pc and 12-month 9.2553pc.   SBP obtained Rs. 69.198 billion for 3-month TBills, Rs. 141.863 billion for 6-month TBills ...
Govt approves funds of Rs7mn KHANPUR: For the construction of road from Mari Allah Bachaya to Baghu Bahar Rupees Seven million have been approved.   This was stated by Federal Paliamentary Secretary and MNA Mian Abdul Sattar here Wednesday while addressing a gathering at Chak 99.   He lauded the policies of PPP which was always meant for the betterment of masses. He claimed that PPP Government has made pro-farmer policy during their tenure.   Copyright APP (Associated Press of Pakistan), 2013 ...
Punjab govt approves Rs 200mn for health sector KASUR: Punjab govt has approved a fund of Rs 200 million for the upgradation of District Headquarters hospital according to which 300 beds would be increased in the hospital.   This was stated by MPA Shagufta Sheikh here Monday.   She said Chief Minister Punjab approved the fund over her request in the Provincial Development Working Committee meeting.   She said govt is committed to upgrade the health sector for the welfare of masses.   Copyright APP (Associated Press of Pakistan), 2013 ...
Bank holiday on Feb. 5 KARACHI: The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the Public Debt Offices, will remain closed on Feb. 5.   Public Holiday declared by the Government of Pakistan on the occasion of Kashmir Day, said an announcement here Friday.     Copyright APP (Associated Press of Pakistan), 2013 ...
SBP injects Rs588.850bn KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation (OMO) in treasury bills and Pakistan Investment Bonds has injected Rs 588.850 billion in the banking system.   According to SBP here Friday, the offered amount was Rs. 624.850 billion while the rate of return for 7-day declined to 8.78 percent per annum.     Copyright APP (Associated Press of Pakistan), 2013 ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln