SBP receives 20 applications for digital bank licences The State Bank of Pakistan (SBP) said on Wednesday that it has received 20 applications for digital bank licences,... Updated 06 Apr, 2022 03:20pm
Editorials The Fund’s seventh review EDITORIAL: Resident Representative of the International Monetary Fund (IMF) in Islamabad, Esther Perez Ruiz, ... Published 06 Apr, 2022 05:53am
Print Debt stocks jump 10pc to Rs42.76trn in 8 months KARACHI: The federal government’s total debt (domestic and external) stocks rose by 10 percent during the first... Updated 06 Apr, 2022 09:46am
Business & Finance KCCI concerned over PKR devaluation KARACHI: Karachi Chamber of Commerce & Industry (KCCI) president Muhammad Idrees, while... Published 06 Apr, 2022 05:53am
Markets Record weakness: Rupee crosses 185 level amid political upheaval Widening trade deficit, falling foreign exchange reserves add to negative market sentiment Updated 05 Apr, 2022 04:40pm
Pakistan Roshan Digital Account: inflows cross $3.9bn, NPCs attract over two-thirds of total Roshan Digital Account (RDA), a banking solution for Non-Resident Pakistanis (NRPs), has fetched inflows amounting ... Published 05 Apr, 2022 02:02pm
Opinion More and more bad news Pakistan finds itself increasingly in a quagmire. The economy was hit severely first after March 2020 by the... Published 05 Apr, 2022 05:38am
Business & Finance Afghan transit trade: SBP defers certain requirements till Dec 31st KARACHI: The State Bank of Pakistan (SBP) has deferred some requirements for the Afghan Transit Trade (ATT) until... Updated 05 Apr, 2022 10:10am
Editorials PTI govt: legacy and lessons learned EDITORIAL: Three years and seven months in government is equivalent to 71.1 percent of tenure completion, a time... Published 05 Apr, 2022 05:38am
Markets Spot rate unchanged as dullness persists on cotton market LAHORE: The local cotton market on Monday remained dull while the trading volume remained low. Cotton Analyst... Published 05 Apr, 2022 05:38am
Business & Finance SBP seeks quarterly green banking data KARACHI: The State Bank of Pakistan (SBP) has issued fresh directives for the quarterly reporting of Green Banking... Published 05 Apr, 2022 05:38am
Opinion Economy: ‘begging’ for attention The worst possible time for political chaos is when economic conditions are deteriorating, and the singular focus... Published 04 Apr, 2022 05:38am
Editorials Expenditure galore EDITORIAL: The Pakistan Tehreek-e-Insaf (PTI) administration meticulously adhered to the politically challenging... Published 04 Apr, 2022 05:38am
Business & Finance PYMA exhorts SBP to help arrest rupee’s slide KARACHI: Expressing deep concern over the sharp rise in the value of dollar, chairman of the Pakistan Yarn Merchants... Published 03 Apr, 2022 05:34am
Business & Finance SBP announces office hours for Ramazan KARACHI: The State Bank of Pakistan (SBP) has announced office and business hours for the month of... Published 02 Apr, 2022 04:14am
Business & Finance Meta, NIBAF collaborate to upskill women entrepreneurs KARACHI: Meta with collaboration of the National Institute of Banking and Finance (NIBAF), a subsidiary of the State... Published 02 Apr, 2022 04:14am
Business & Finance IBI assets post record growth of Rs1.3trn in CY21 KARACHI: Assets of the Islamic Banking Industry (IBI) recorded highest-ever growth of Rs 1.3 trillion reaching Rs ... Published 02 Apr, 2022 04:14am
Markets Historic weakness: Rupee closes at over 184 against US dollar for the first time Currency is feeling pressure of falling foreign exchange reserves, oil prices, and ongoing political uncertainty Updated 01 Apr, 2022 09:15pm
Business & Finance Price stability, inflation: official speaks about SBP’s primary responsibilities ISLAMABAD: The State Bank of Pakistan’s primary goal, after the recent amendment in Section 4B of SBP Act 1956, is... Published 01 Apr, 2022 05:41am
Pakistan Kamyab Pakistan Programme: Over Rs7.5bn loans disbursed to 48,000 beneficiaries, Tarin told ISLAMABAD: A meeting of the Steering Committee of Kamyab Pakistan Programme (KPP) was informed that the government... Published 01 Apr, 2022 05:41am
Print Forex reserves down $3bn KARACHI: The country’s foreign exchange reserves fell drastically by some $3 billion in a week mainly due to... Updated 01 Apr, 2022 10:17am
Business & Finance HBL & MCB Bank launch RDA drive ‘Roshan Raho’ in Riyadh, Jeddah KARACHI: Leading Pakistani banks HBL & MCB Bank partnered with the Pakistani Consulate (Riyadh, KSA) to launch... Published 01 Apr, 2022 05:41am
Markets Repayment of syndicated loan facility from China: SBP reserves fall massive $2.915 billion SBP says rollover of this syndicated facility is being processed and expected shortly Published 31 Mar, 2022 07:50pm
Markets Rupee hits record low again as market sentiment rattled Currency closes at 183.48 against US dollar in inter-bank market on Thursday Updated 01 Apr, 2022 10:08am
Business & Finance National prize bonds: Encashment deadline extended KARACHI: The federal government has granted three-month extension on the last date for Encashment, Conversion or... Published 31 Mar, 2022 05:11am
Business & Finance SBP grants Careem Pay IPA for EMI licence Karachi: The State Bank of Pakistan (SBP) has granted Careem Pay with an In-Principle-Approval (IPA) for an... Published 31 Mar, 2022 05:11am
Markets Rupee continues its losing streak, falls another 0.16% Hits new record low of 182.64 against US dollar in inter-bank market on Wednesday Updated 30 Mar, 2022 07:58pm
Technology Careem Pay gets SBP’s In-Principle Approval for EMI licence Careem says fintech affiliate plans to invest $50mn to leapfrog the fintech ecosystem in Pakistan Published 30 Mar, 2022 03:55pm
Print Banks asked to ensure security of deposits, data President Dr Arif Alvi presides over a meeting with various heads of banks as well as State Bank of Pakistan Updated 30 Mar, 2022 10:04am
Print PRs for SME financing amended: Five-year-old small, medium enterprises to be considered startups: SBP KARACHI: The State Bank of Pakistan (SBP) has amended the Prudential Regulations for SME financing and now a small... Updated 30 Mar, 2022 10:23am