Business & Finance No exchange of old banknotes after 31st: SBP KARACHI: The State Bank of Pakistan (SBP) has said that old-design and large-size banknotes would not be exchanged... Published 27 Dec, 2022 06:52am
Business & Finance Cabinet may approve appointment of Wathra as chief of NBP board ISLAMABAD: The federal cabinet is likely to approve the appointment of former State Bank of Pakistan (SBP) Governor... Updated 27 Dec, 2022 09:42am
Editorials SBP’s annual report EDITORIAL: The State of the Economy Report published by the State Bank of Pakistan acknowledged the growth rate for... Published 26 Dec, 2022 05:48am
Print FY21-22: digital payments take a rising trajectory KARACHI, The digital payment ecosystem of Pakistan continued to grow as the overall e-banking transactions witnessed... Updated 24 Dec, 2022 10:06am
Business & Finance Country’s first agri-Fintech app: SBP grants approval to pilot launch of ‘Digitt+’ KARACHI: The State Bank of Pakistan has formally granted approval to pilot launch of Pakistan’s first... Updated 24 Dec, 2022 10:07am
Print DPC unveils 2nd annual report: 98pc of bank depositors eligible for deposit protection KARACHI: Some 98 percent of total depositors of banking sector are eligible for their deposit’s protection in case... Updated 24 Dec, 2022 10:09am
Print Rain- and flood-hit farmers: Three markup waiver and financing schemes announced KARACHI: The federal government has announced three markup waiver and financing schemes for farmers in rain and... Updated 23 Dec, 2022 08:40am
Business & Finance Farm mechanisation: Markup subsidy, risk sharing scheme announced KARACHI: The State Bank of Pakistan (SBP) has announced mechanism for “Markup Subsidy and Risk Sharing Scheme for... Updated 23 Dec, 2022 08:43am
Print SBP warns of higher risks to food security KARACHI: The State Bank of Pakistan (SBP) has warned that the country may face higher risks to food security in the... Updated 22 Dec, 2022 09:43am
Print Key phrase: ‘structural reforms’ State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy Updated 22 Dec, 2022 09:52am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Business & Finance July-Nov services sector deficit falls over 50pc to $865m YoY KARACHI: Services sector is presenting an improved picture with some 50 percent decline in the trade deficit during... Updated 21 Dec, 2022 10:14am
Print What’s actually behind PKR’s woes? KARACHI: The rupee may have depreciated only 0.24% in the inter-bank market, according to State Bank of Pakistan... Updated 19 Dec, 2022 10:43am
Print Jul-Nov FDI declines 51pc to $430m YoY KARACHI: Foreign Direct Investment (FDI) recorded negative growth and declined by 51 percent during the first five... Updated 17 Dec, 2022 10:02am
Business & Finance Jul-Nov CAD shrinks 57pc YoY KARACHI: The country’s current account deficit shrank 57 percent during the first five months of this fiscal year... Updated 17 Dec, 2022 09:54am
Business & Finance Forex reserves stand at $6.7bn KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the... Published 16 Dec, 2022 07:31am
Business & Finance D-SIBs: SBP announces designation for 2022 KARACHI: The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2022 under the... Published 16 Dec, 2022 07:28am
Print Agri credit target raised to Rs1.8trn: Rs511bn Kissan Package notified ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) has notified Rs 511 billion Kissan... Updated 16 Dec, 2022 09:36am
Print Consignments stuck at ports: MoC to hold talks with SBP ISLAMABAD: Commerce Ministry has decided to hold a detailed meeting with State Bank of Pakistan (SBP) to sort issues... Updated 15 Dec, 2022 09:57am
Business & Finance Old-design banknotes can’t be exchanged after 31st KARACHI: The State Bank of Pakistan (SBP) has announced on Tuesday that old design large size banknotes cannot be... Published 14 Dec, 2022 06:55am
Print SBP amends D-SIBs Framework KARACHI: The State Bank of Pakistan (SBP) has made amendment in Domestic Systemically Important Banks (D-SIBs)... Updated 13 Dec, 2022 09:35am
Pakistan End of FY23: JPMorgan has penciled in another 400bps rate-hike, but experts disagree Market experts disagreed with JPMorgan, a leading global financial institution that penciled in an interest rate... Published 10 Dec, 2022 04:45pm
Print ECs: SBP further tightening data reporting mechanism KARACHI: The State Bank of Pakistan (SBP) is further tightening the data reporting mechanism for Exchange Companies... Updated 10 Dec, 2022 09:58am
Pakistan Ishaq Dar directs measures to stop cross-border dollar smuggling Finance minister stresses need for coordination among all necessary platforms to curb smuggling of foreign exchange and other items Updated 09 Dec, 2022 08:52pm
Pakistan SBP chief meets Sindh governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmed met Sindh Governor Kamran Khan Tesori at the Governor... Published 09 Dec, 2022 05:58am
Business & Finance NOWPDP launches Center of Excellence for Financial Inclusion for persons with disabilities NOWPDP in association with the State Bank of Pakistan (SBP) and the banking sector launched the first ever Center of... Published 03 Dec, 2022 12:57pm
Business & Finance SBP repays $1bn bond before due date The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its... Updated 03 Dec, 2022 01:21pm
Print KSA extends term for $3bn deposit in SBP KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to... Published 03 Dec, 2022 06:30am
Business & Finance Payments to Google: SBP rejects allegations KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the... Updated 27 Nov, 2022 09:43am
Technology Suspension of DCB payments to Google Play: users, telecom companies at receiving end Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has... Published 26 Nov, 2022 05:47pm
