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SBP mops up Rs 44,400mn in OMO KARACHI: State Bank of Pakistan on Monday mopped up Rs 44,400 million during its open market operation (OMO); with 9.15 percent rate of return. The bids offered for 3-days mop up amounted Rs 44,800 million, said SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...

Pak liquid forex increases to $ 13.45609bn KARACHI: Total liquid foreign reserves held by the country increased to dollars 13.45609 billion, said State Bank of Pakistan.According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on June 6 amounted to dollars 8.61209 billion and the net foreign reserves held by other banks figured as dollars 4.844 billion.During the week, State Bank's liquid foreign exchange reserves decreased by $ 70 million to $ 8.613 million compared to $ ...
Microcredit outreach witnesses healthy 19pc growth ISLAMABAD: The microcredit outreach has reached 2.8 million borrowers during 2013 as compared to 2.3 million active borrowers last year, showing a healthy growth of 19 per cent.The growth rate, being highest in the last five years, was the result of better microfinance policies of the government.An official information issued by Ministry of Finance has revealed that the total Gross Loan Portfolio (GLP) also increased from Rs32 billion in 2012 to Rs52 billion in 2013, ...
EOBI disburses Rs10.985bn to 330,645 beneficiaries ISLAMABAD: Employees Old Age Benefits Institution (EOBI) has disbursed an amount of Rs10.985 billion to 330,645 beneficiaries during first three quarters of this year.The EOBI also plans to accommodate 15,744 more beneficiaries up to June this year as an additional amount of Rs4.876 billion is allocated for Old-Age Pension, Survivors Pension, Invalidity Pension and Old-Age Grants.Sources at EOBI on Thursday said the Constitution makes it obligatory for the state to provide social security by compulsory ...
SBP sells Rs 86,823.895mn MTBs KARACHI: State Bank of Pakistan on Wednesday sold Government of Pakistan Market Treasury Bills of Rs 86,823.895 million, having face value of Rs. 90.039.500 million, through its primary dealers. The total bids received for 3-months, 6-months and 12-months MTBs were of the same amount, said SBP press release.Copyright APP (Associated Press of Pakistan), 2014 ...
Workers remittances rise by 12.37pc at $ 14.33bn in 11 months KARACHI: Overseas Pakistani workers remitted an amount of $ 14.332097 billion in the first eleven months (July- May) of the current fiscal year. This shows a growth of 12.37 percent when compared with $ 12.755037 billion received during the same period of FY13, said SBP press release here on Wednesday. The inflow of remittances in July - May FY14 from Saudi Arabia, UAE,USA, UK, other GCC countries (including Bahrain, Kuwait, Qatar and Oman),and EU countries ...
SBP revises regulations for micro-finance banks KARACHI: State Bank of Pakistan (SBP) has issued revised prudential regulations (PRs) for micro-finance banks (MFBs) to further improve their governance structure, consumer protection practices and anti-money laundering (AML) policies. Presently , ten MFBs are providing basic financial services to the poor and low-income people in the country. These MFBs are well-capitalized and owned by diverse and strong sponsors, said SBP release here on Tuesday.The revised regulations will enable these MFBs to prudently manage their ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln