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SBP injects Rs48.500bn KARACHI: State Bank of Pakistan in its reverse repo open market operation in treasury bills and Pakistan Investment Bonds has injected Rs 48.500 billion in the banking system. According to SBP here Monday, the offered amount was Rs 48.500 billion while the rate of return declined to 10.05 percent per annum. Copyright APP (Associated Press of Pakistan), 2012 ...

Banks asked to issue fresh currency notes KARACHI: The State Bank of Pakistan (SBP) has warned the banks that it will impose on them fines at the rate of Rs one lakh (Rs 1,00,000/-) per wrapped bundle (10 packets) and Rs 50,000/- (Fifty thousand) per five packets (in serial) of fresh currency notes found on sale in the market. SBP has advised the banks not to issue bundles of small denominations (Rs 10 to Rs 100) of fresh currency notes, which were issued ...
SC disposed of NBP Achievement Awards case ISLAMABAD: The Supreme Court on Monday disposed of a human rights case related to disbursement of about Rs 2 billion National Bank of Pakistan Achievement Awards among its 16 executive officers after it was apprised by the Federal Investigation Agency that the challan against the recipients had been completed. A three-Judge bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Nasir ul Mulk and Justice Jawwad S. Khawaja in its order noted that as the inquiry was ...
Summit Bank to install ATM at KPC  RECORDER REPORT KARACHI: Summit Bank Limited will install Automated Teller Machine (ATM) at Karachi Press Club to facilitate journalists. An agreement between Summit Bank and KPC was signed here on Monday. ...
HBL crosses Rs1trn in deposits  KARACHI: Habib Bank Limited HBL, Pakistan's largest banking network, became first Pakistani bank to cross Rs.1 trillion mark in deposits. Bank grew domestic deposits by 18.6pc from year end. HBL Friday announced financial results for half year ended 30 June 2012 in Board of Directors meeting. After tax profit grew by 18.58pc to Rs. 11.86 billion and earning per share stood at Rs. 9.68 as against Rs. 9.00 for corresponding period last year. Bank declared interim cash dividend ...
SBP injects Rs 416.100bn  KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation (7 days) in treasury bills and Pakistan Investment Bonds has injected Rs 416.100 billion in the banking system. According to SBP here Friday, the offered amount was Rs 416.100 billion while the rate of return declined to 11.50 percent per annum. Copyright APP (Associated Press of Pakistan), 2012 ...
SBP to buy govt paper KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks on Friday in a seven-day reverse repo to inject funds into the money market. The State Bank of Pakistan did not say how much money it would inject through the open market operation. Copyright Reuters, 2012 ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln