Trends - State Bank of Pakistan

State Bank of Pakistan

‘Gaya’ Pakistan?

From reports in the press, the State Bank of Pakistan Amendment Bill, 2021 seems to be an Enfield rifle, greased ...

Published 25 Mar, 2021 05:08am

Assets, deposits of IBI post robust growth in CY20

KARACHI: The overall assets and deposits of the Islamic banking industry (IBI) have shown tremendous growth of 30...

Published 25 Mar, 2021 05:08am

Business & Finance

NPF ratio of Islamic Banking remains well below overall banking industry: SBP

During the quarter under review (October-December 2020), the asset base of Islamic Banking Industry (IBI) grew by 12.1 percent (Rs. 461 billion) and reached Rs. 4,269 billion.

Updated 24 Mar, 2021 01:13pm

PD prepares draft of new refinery policy

ISLAMABAD: The Petroleum Division has prepared draft of new refinery policy which is under discussion with different...

Published 24 Mar, 2021 05:10am

Investment in REITs: SBP reforms regulations to facilitate banks, DFIs

KARACHI: The State Bank of Pakistan (SBP) has reformed regulations to facilitate banks/DFIs investment in Real ...

Published 23 Mar, 2021 04:37am

Business & Finance

Procurement of Wheat: SBP issues instructions for banks

Special efforts shall be made to ensure that the facilities availed for purposes other than wheat procurement are not utilized for financing of wheat stocks, it said.

Published 22 Mar, 2021 01:35pm

Feb C/A deficit narrows $50m MoM

KARACHI: The country’s current account deficit narrowed to $50 million in February 2021 compared to $210 million ...

Updated 22 Mar, 2021 09:41am

Opinion

MPS demonstrates astute SBP approach

There was no surprise. Majority of analysts were expecting no change based on the forward guidance State Bank of...

Published 21 Mar, 2021 04:05am

NRSP-APCL issues first electronic warehouse receipt

KARACHI: The National Rural Support Programme (NRSP) Agri-Processing Company (NRSP-APCL) and Naymat Collateral...

Published 20 Mar, 2021 04:39am

SBP keeps policy rate unchanged at 7pc

KARACHI: While, noting the uncertainty around the inflation and growth outlook, the Monetary Policy Committee (MPC)...

Updated 20 Mar, 2021 02:29pm

KP plans to build pilot crypto currency mining farms

PESHAWAR: The Khyber Pakhtunkhwa province is planning to build two hydroelectric-powered pilot "mining farms" to...

Updated 19 Mar, 2021 09:33am

Q2FY21: Digital financial transactions post strong growth

KARACHI: Digital financial transactions in the country showed strong growth during the second quarter of this fiscal...

Updated 19 Mar, 2021 09:33am

PM tells SBP governor: Make housing finance easier, not harder

ISLAMABAD: Prime Minister Imran Khan Thursday asked governor State Bank of Pakistan (SBP) Dr Reza Baqir to ensure...

Updated 19 Mar, 2021 09:33am

Editorials

Roshan Digital Account: it’s really roshan

EDITORIAL: Roshan Digital Account (RDA) is fast becoming a success story. At the time of its launch, there were...

Published 19 Mar, 2021 05:32am

Business & Finance

Digital Financial Transactions show double-digit growth in Pakistan: SBP

“In the last few years, digital payment transactions in Pakistan have shown significant growth, reflecting the favourable impact of the SBP’s policies in shifting customer preferences. Expansion in digital payment infrastructure as well as the emergence of new payment aggregators have played a role in this growth,” said SBP.

Published 18 Mar, 2021 02:12pm

Business & Finance

Finance Ministry clarifies State Bank Amendment Act 2021

It is pertinent to mention that the SBP already has longstanding MoUs / arrangements with several international regulatory bodies/central banks, after approval of the Federal Government, read the ministry statement.

Published 18 Mar, 2021 10:56am

BR Research

MPS: Hawks at bay

The monetary policy announcement is tomorrow. Considering the SBP’s forward guidance in the previous policy ...

Published 18 Mar, 2021 07:25am

Opinion

1pc cut in policy rate needed to fuel economy

In its January Monetary Policy Statement (MPS), State Bank of Pakistan (SBP) was very clear about inflation and...

Published 18 Mar, 2021 03:56am

Jul-Feb FDI plunges 30pc YoY

KARACHI: Foreign Direct Investment (FDI) fell by 30 percent during the first eight months of this fiscal year ...

Published 18 Mar, 2021 03:56am

Pakistan

MPS on Friday: Key policy rate may be kept unchanged

KARACHI: The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement on Friday (Mar 19). The SBP’s...

Updated 17 Mar, 2021 09:47am

Business & Finance

Paper-based submission of FX related cases to discontinue by June 30: SBP

In this backdrop, 21 ADs have already developed their portals, started onboarding their customers and receiving FX cases digitally, while the rest are in process of developing their digital platforms/ portals.

Updated 16 Mar, 2021 04:34pm

Hafeez quizzed by Cabinet colleagues about IMF conditions

ISLAMABAD: Finance Minister, Dr Abdul Hafeez Shaikh is said to have been asked by some of his Cabinet colleagues to...

Updated 16 Mar, 2021 09:33am

Business & Finance

Women financial inclusion vital for economic growth, stresses SBP Baqir

“50 percent of the country's asset base as far as human resources are concerned are women. So we would not be doing justice as a country for our economic aspirations if we do not recognize that such sector of the society has to be supported so that they can play the role in the economic development of our country,” said Baqir.

Published 15 Mar, 2021 02:23pm

Alvi sees steady improvement in economy

• SBP governor Baqir says marked growth can be registered in Digital Financial Services sector in a short span of...

Published 14 Mar, 2021 04:13am

Markets

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...