Karachi, April 11, 2023 (PPI-OT):State Bank of Pakistan released its first and second quarterly report of Payment Systems for the Fiscal Year 2022-23 today covering the period July to December 2022. The report presents major highlights of payments ecosystem in...
Read More »Workers’ Remittances in March 2023
Karachi, April 10, 2023 (PPI-OT): Workers’ remittances recorded an inflow of US$2.5 billion during Mar 23. In terms of growth, during Mar 23, remittances increased by 27.4 percent on m/m and decreased by 10.7 percent on y/y basis. With cumulative...
Read More »Collection of government duties/ taxes on 30th and 31st March 2023
Karachi, March 30, 2023 (PPI-OT): (SBP)In order to facilitate the taxpayers in payment of Government duties / taxes, it has been decided on the request of Federal Board of Revenue (FBR) that all branches of banks including National Bank of...
Read More »Branches of authorized banks to remain open on Saturday and Sunday for The collection of Hajj Application Forms along with dues for Hajj 2023
Karachi, March 24, 2023 (PPI-OT): In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2023, State Bank of Pakistan has directed 14 authorized banks to keep all their designated branches open from 09:00...
Read More »SBP announces office and business hours during the month of Ramadan-ul-Mubarak
Karachi, March 22, 2023 (PPI-OT): During the ensuing holy month of Ramadan-ul-Mubarak 1444 AH, the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinance...
Read More »State Bank to Issue Rs. 50/- Commemorative Coin on the Golden Jubilee of the Senate of Pakistan
Karachi, March 17, 2023 (PPI-OT): The Senate of Pakistan or Aiwan-e-Bala Pakistan, constitutionally House of the Federation, is the upper legislative chamber of the bicameral parliament of Pakistan. The Senate of Pakistan, having equal representatives from all provinces of Pakistan,...
Read More »The Last Date for Encashment of Withdrawn Prize Bonds Extended
Karachi, March 15, 2023 (PPI-OT): The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the government had fixed deadline of...
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