Financial Services

Karachi, May 15, 2015 (PPI-OT): ‘After facing some difficulties in the initial months of the fiscal year, the economy ended the first half of FY15 with some positive developments,’ says the second quarterly report of the Central Board of Directors of the State Bank of Pakistan presented to the Parliament today. These positive developments include ...

Karachi, May 12, 2015 (PPI-OT): During the third quarter of FY15, Pakistan Real time Interbank Settlement Mechanism (PRISM) settled 198,250 transactions of value Rs.51.5 Trillion showing an increase of 5.0% and 21% in volume and value respectively compared to second quarter of FY15. The major share in increase of number of PRISM transactions was contributed ...

Karachi, May 08, 2015 (PPI-OT): Mr. Saeed Ahmad, Deputy Governor, State Bank of Pakistan chaired the meeting to initiate Baseline Survey on Environmental and Social Risk Management (ESRM) in Pakistan being conducted by International Finance Corporation in collaboration with State Bank of Pakistan. The Deputy Governor emphasized that environmental and social parameters are significant sources ...

Karachi, May 07, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on May 8, ...

Karachi, May 05, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on May 6, ...

Karachi, April 30, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, and Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on May ...

Karachi, April 29, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on April 30, ...