All
 

 

Just in:  

You are here: Home»Pakistan»Banking & Finance

Banking & Finance

Archive

Islamic banking industry: SBP developing 5-year strategic plan: Kazi  RECORDER REPORT KARACHI: Kazi Abdul Muktadir, Deputy Governor, State Bank of Pakistan (SBP) has said the central bank is developing a new five-year (2013-17) strategic plan for Islamic banking industry. ‘The new plan will set the strategic direction for the Islamic banking industry. This would define the strategies and action plans to move the industry to the next level of growth and SBP would expect active and meaningful involvement of the industry in development of the plan,’ Muktadir said while delivering his keynote address on ‘Islamic Finance in Pakistan – Where We Stand and The Way Forward’ at the Islamic Finance News (IFN) Roadshow – 2012 at SBP Learning Resource Centre (LRC), on Tuesday. He said the Islamic finance industry is likely to increase its share in the banking system to 15 percent during next five years. Growing from scratch in 2002, he said that Islamic banking now constitutes over 8 percent of ...

Currency Swap arrangements with Turkey being implemented from today: SBP  ISLAMABAD: The three-year bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the Central Bank of Republic of Turkey (CBRT) amounting to US$ 1 billion in equivalent local currencies is being implemented from Tuesday (today). SBP has issued necessary instructions to banks for its implementation after due consultations with various stakeholders and completion of operational formalities with CBRT, says a statement issued by the bank today. According to the bank, a bilateral CSA ...
SBP enhances coverage, quality of external debt statistics  RECORDER REPORT KARACHI: The State Bank of Pakistan (SBP) has enhanced the coverage and quality of external debt statistics by adopting guidelines on Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF). The compilation of existing country specific table of external debt stock available at SBP website has accordingly been revisited and aligned with the International Investment Position (IIP) statement and international guidelines. It may be mentioned here that these debt instruments are already being reported ...
SBP adopts Special Data Dissemination Standard  KARACHI: The State Bank of Pakistan (SBP) has enhanced the coverage and quality of external debt statistics by adopting guidelines on Special Data Dissemination Standard (SDDS) of the International Monetary Fund (IMF).  According to SBP here Monday, the compilation of existing country specific table of external debt stock available at SBP website has accordingly been revisited and aligned with the International Investment Position (IIP) statement and international guidelines.  It may be mentioned here that these debt instruments ...
BoK earns Rs705mn profit before tax  RECORDER REPORT PESHAWAR: The Bank of Khyber (BoK) earned Rs. 705 million profit before tax for the period ended June 30, 2012, stated by Bilal Mustafa, Managing Director BoK in his key note address at BoK Raast Islamic Banking Branches operational Performance Review Manager’s Conference held on Saturday in Saidu Sharif Swat. The conference attended by Mir Javed Hashmat, Executive Director BoK, Imran Samad Group Head Credits, Kamran Masood Khan, Group Head Islamic Banking, Muhammad Tariq Nasim, ...
NBP leads in agri financing  KARACHI: National Bank of Pakistan (NBP) is leading in agriculture credit financing compared to other banks and financial institutions in the country by lending Rs 45.79 billion (106% of achievement) during the year ending June 30, 2012 among nearly 241,296 farmers against a target of Rs 43,200 million. According to NBP sources here Saturday, the total outstanding of the bank stands at Rs,41527.657 million (108% of achievement) during one year exceeded by Rs 3,027.657 million as ...
BoK earns Rs.705mn pre tax profit in six months: MD PESHAWAR: The Bank of Khyber (BOK) earned Rs705 million profit before tax for the period ended 30th June 2012, this was stated by Bilal Mustafa Managing Director BOK in his key note address at BOK Raast Islamic Banking Branches Operational Performance Review Manager's Conference held this morning in Saidu Sharif Swat.   The Conference was attended by Mir Javed Hashmat Executive Director BOK, Mr. Imran Samad Group Head Credits, Mr. Kamran Masood Khan Group Head Islamic Banking ...

 



 
Index Closing Chg%
Arrow DJIA 18,041.54 1.04
Arrow Nasdaq 5,032.75 1.11
Arrow S&P 2,104.20 1.03
Arrow FTSE 6,948.99 1.18
Arrow DAX 11,625.13 1.61
Arrow CAC-40 5,083.54 0.66
Arrow Nikkei 20,437.48 0.12
Arrow H.Seng 28,249.86 0.92
Arrow Sensex 27,531.41 0.41





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln