All
 

 

Just in:  

You are here: Home»Pakistan»Banking & Finance

Banking & Finance

Archive

Higher agricultural credit disbursement during July-April KARACHI: State Bank of Pakistan (SBP) has said that the banks during first 10 months of the current fiscal year (July- April 2014), disbursed Rs 288.4 billion or 76% of their annual agricultural credit target of Rs 380.0 billion.The figures are 11.3% higher than Rs 259.1 billion during the corresponding period last year, said a press release issued by SBP here on Thursday.The outstanding portfolio of agricultural loans increased by Rs 35.3 billion (14.4%) i.e. from Rs 245.4 billion to Rs 280.7 billion at the end of April, 2014 compared to the same period of last year.Five major commercial banks as a group disbursed agricultural loans of Rs 149.6 billion or 80.0% of its annual target, which is higher by 7.6% from Rs 139.1 billion during the corresponding period of last year. Five major banks, MCB, NBP, HBL, UBL and ABL, achieved 84.2%, 84.0%, 80.0%, 78.0% and 65.0% of their ...

Pakistan's liquid foreign reserves position KARACHI: The total liquid foreign reserves held by the country stood at $13,132.8 million on May 16, 2014, says a press release issued by State Bank of Pakistan (SBP) here on Thursday.The break-up of the foreign reserves position is as under: Foreign reserves held by the SBP: $ 8,320.3 million Net foreign reserves held by banks: $ 4,812.5 million Total liquid foreign reserve: $ 13,132.8 million.During the week ending May 16,2014, SBP's liquid FX reserves ...
SBP's new initiatives for accurate, quick information to media KARACHI: State Bank of Pakistan (SBP) will revive its initiative to hold series of workshops and seminars for media persons from July 2014 as a part of its annual business plan to educate and keep them updated on core financial and banking issues.In an interactive session with print and electronic media representatives here at SBP Head Office on Wednesday, SBP's Chief Spokesman Hamza Malik, SBP's Media Coordinator Khubaib Usmani said that State Bank's management has ...
SBP injects Rs128,300mn KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs128,300 million into market during its open market operation.The bids offered for this 07-day injection amounted Rs192,850 million. The rate of return is 10.03 percent, said SBP release. Copyright APP (Associated Press of Pakistan), 2014 ...
Rs40000/-prize bond draw on June 2 FAISALABAD: The 58th balloting of prize bonds worth Rs40000/- each will be held here on June 2.A spokesman of National Savings told here on Thursday that first position holder will be awarded a cash prize of Rs75 million while three prizes of Rs25 million each have been reserved for second position winners. Third prize of Rs0.5 million will be awarded to 1696 lucky winners.Copyright APP (Associated Press of Pakistan), 2014 ...
New FED structures on cigarettes show results ISLAMABAD: The government in the Fiscal budget 2013-14 introduced remarkable changes to the Federal Excise Duty (FED) structure on cigarettes have shown excellent results and is poised to give a growth of over 14% in government revenue, which in absolute rupee terms is the highest growth in any given year for government revenue from the tobacco industry."FBR figures show that the revenue from tobacco industry as of April has already crossed Rs.70 billion and the ...
FBR holds Taxpayers Facilitation Workshop in Haripur ISLAMABAD: Facilitation and Taxpayers Education (FATE) Wing of the Federal Board of Revenue (FBR) organized a day long workshop on e-portal services and role and responsibilities of withholding agents at the Haripur Chamber of Commerce on Thursday.Senior officials of FATE Wing, FBR, and Regional Tax Office (RTO) Abbotabad were present at the workshop attended by a large number of major tax-deducting authorities and withholding agents representing major industries in the Hattar and Haripur region.In his ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
Arrow DAX 9,470.17 0.08
Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln