Forex reserves drop by $217m KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $... Published 24 Nov, 2023 05:29am
Business & Finance Forex reserves down $79m KARACHI: The country’s liquid foreign exchange reserves declined by $79 million to stand at $ 12.576 billion by ... Published 03 Nov, 2023 06:11am
Opinion Capacity payments conundrum The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these... Updated 19 Oct, 2023 05:34am
Business & Finance Both banknotes of Rs75 legal tender: SBP KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,... Published 13 Oct, 2023 05:50am
Business & Finance Forex reserves down $25m KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of... Published 29 Sep, 2023 06:24am
Markets Bank AL Habib says will establish wholly-owned Exchange Company Becomes fourth bank in recent weeks to make this announcement Updated 22 Sep, 2023 10:40pm
Business & Finance Forex reserves rise KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of... Published 22 Sep, 2023 03:33am
Business & Finance SBP extends deadline for encashment of prize bonds KARACHI: The State Bank of Pakistan (SBP) has announced the extension in last date for... Published 07 Sep, 2023 06:21am
Print Effective today: No Raast services for 2 days due to system upgradation: SBP KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due... Updated 03 Sep, 2023 09:37am
Business & Finance Pakistan Remittance Summit to be held in Dubai KARACHI: Dellsons Associates in collaboration with leading commercial banks will organize an international... Published 29 Aug, 2023 06:01am
Print Banking institutions asked to strengthen financial inclusion, gender equality KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening... Updated 29 Aug, 2023 08:40am
Business & Finance Forex reserves fall $131m KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to... Published 25 Aug, 2023 06:34am
Business & Finance SBP’s reserves up by $12m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12 ... Published 18 Aug, 2023 05:42am
Business & Finance $3bn bank loans given during PTI govt’s tenure: PAC again demands list of 628 beneficiaries ISLAMABAD: Members of the Public Accounts Committee (PAC) again demanded a list of the 628... Published 09 Aug, 2023 05:33am
Business & Finance FPCCI disappointed over 21pc key policy rate KARACHI: President FPCCI, Irfan Iqbal Sheikh has expressed his profound disappointment over maintaining status quo ... Published 15 Jun, 2023 06:03am
Print SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks... Updated 09 Jun, 2023 09:00am
Print Debit, credit cards: ECAP suggests 10pc tax on shopping abroad KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of... Updated 02 Jun, 2023 12:07pm
Print Bringing energy efficiency to industrial sector: World Bank advocates establishing credit line WB in consultation with the National Energy Efficiency & Conservation Authority is implementing two substantial technical assistance activities to the scoping and implementation of EE&C measures in Pakistan Updated 26 May, 2023 09:00am
Print Letters of credit: Banks asked to facilitate: Export-oriented sectors find favour with Dar Finance minister reiterates government’s resolve to overcome challenges and set the economy towards growth Updated 22 May, 2023 05:34pm
Print ECC approves Rs13.2bn TSG for PMRCL ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical... Updated 09 May, 2023 09:12am
Business & Finance FPCCI chief urges SBP to remove lien marking immediately KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3... Published 09 May, 2023 05:37am
Editorials Banks, not savers, get paydays from deposits? EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the... Published 08 May, 2023 06:40am
Business & Finance Deadline for prize bonds encashment extended KARACHI: The federal government has announced to extend the last date for encashment of withdrawn prize bonds.... Published 18 Apr, 2023 06:21am
Pakistan Banking customers cautioned against fraudsters KARACHI: The Banking Mohtasib Pakistan, Muhammad Kamran Shehzad has cautioned the banking customers to be aware of... Published 15 Apr, 2023 06:19am
Print $3bn loan at zero interest rate: NA panel asks SBP to submit list of 600 borrowers ISLAMABAD: The National Assembly Standing Committee on Finance, Thursday, directed the State Bank of Pakistan (SBP)... Updated 07 Apr, 2023 08:49am
Opinion Deep reluctance now profoundly evident The lenders, commercial banks or bilateral lenders, while processing the loan application assess the borrower’s... Updated 01 Apr, 2023 07:03am
Print Jul-Jan: $6.134bn borrowed from multiple sources ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from... Updated 03 Mar, 2023 08:52am
Business & Finance Forex reserves move up by $162m KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ... Updated 17 Feb, 2023 06:38am
Business & Finance PIMEC 2023 at Expo Centre: NBP’s message of inclusivity, diversity lauded KARACHI: The National Bank of Pakistan actively participated in the Pakistan International Maritime Exhibition and... Published 13 Feb, 2023 06:51am
Print ‘Rules’ allow banks to seek asset details of civil servants ISLAMABAD: The “Sharing of Declaration of Assets of Civil Servants Rules, 2023” allows commercial banks to seek... Updated 04 Feb, 2023 09:28am