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SBP injects Rs1075bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs 1075 billion into money market for seven days through its open market operation (OMO). The rate of return accepted is 6.51 percent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...

Pak forex figure $ 18.50807bn KARACHI: Pakistan's total liquid foreign exchange reserves stand at $18.50807 billion, said State Bank of Pakistan (SBP).SBP weekly statement here on Thursday said the foreign reserves held by State Bank of Pakistan on August 21, were $ 13.45804 billion and the net foreign reserves with other banks amounted $ 5.05003 billion. During the week ending August 21, SBP's liquid foreign reserves decreased by $ 157 million to $13.458 billion compared to $ 13.615 billion in ...
SBP mulls indicative targets for banks: Deputy Governor LAHORE: State Bank of Pakistan (SBP) is considering indicative targets for banks, review their performance against these targets after a certain period, and may consider formulation of regulation to impose mandatory targets if it does not receive favorable results. SBP Deputy Governor Dr. Saeed Ahmad stated this, while addressing the inaugural session of 9th Pakistan SME Forum 2015 organized by SHAMROCK Conferences International at a local hotel on Tuesday.This year's theme was 'Fostering SME Access ...
NBP installs over 1000 ATMs in Pindi-Islamabad Region RAWALPINDI: In the National Bank of Pakistan's Rawalpindi/Islamabad region over 1,000 Automated Teller Machines (ATM) have been installed for the convenience of its customers, said a senior official of the bank here on Tuesday."The bank has been striving hard to offer maximum facilities to its customers so, we have installed about 1,000 ATMs all across the region," said Manager NBP Tramari branch Majid Javed while inaugurating ATM at his branch.He said the ATM is a ...
NBP declares profit of Rs22.3bn for 6 months KARACHI: National Bank of Pakistan (NBP) on Friday declared pre-provision profit of Rs 22.3 billion for six months period January to June 2015; showing increase of Rs 6.7 billion or 43 percent. Over the same period of last year, this profit was Rs 15.6 billion.Pre-tax profit amounted to Rs 15 billion which is higher by 23% from the corresponding period last year, NBP statement said. NBP's Board of Directors, in their meeting, approved the financial ...
No move to issue Rs 10,000 or other higher denomination Banknote: SBP KARACHI: State Bank of Pakistan (SBP) categorically on Tuesday denied the news item reported in a section of local media including social media regarding SBP plan to issue new banknote of Rs 10,000. The SBP had no plan whatsoever for issuance of any higher denomination banknote as seven denominations of existing banknotes are adequately meeting the business/transactional needs of the economy, SBP clarification here on Tuesday said. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs 1141.8bn into market KARACHI: State Bank of Pakistan (SBP) on Monday injected Rs 1141.8 billion into financial market for four days through its open market operation (OMO).The rate of return accepted is 6.50 per cent per annum, said SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln