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Tag: SBP

Monetary Policy Announcement

January 21, 2020 | General, Official News

Karachi, January 21, 2020 (PPI-OT): The Monetary Policy Committee of SBP will meet on Tuesday, January 28, 2020 at SBP Karachi to decide about Monetary Policy. Governor State Bank of Pakistan, Dr. Reza Baqir, will announce the decision of the …

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Total liquid foreign reserves position

January 16, 2020 | General, Official News

Karachi, January 16, 2020 (PPI-OT): State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$ 18,123.6 million on 10-January-2020. The break-up of the foreign reserves position is as under:-

i) Foreign …

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State Bank of Pakistan jointly organizes seminar on Firms and Growth

January 13, 2020 | General, Official News

Karachi, January 13, 2020 (PPI-OT): Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, has said that there is a need to shift from an inward oriented to an outward oriented economy that puts a greater emphasis on exports to …

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State Bank of Pakistan jointly organizes seminar on Firms and Growth

January 13, 2020 | General, Official News

Karachi, January 13, 2020 (PPI-OT): Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, has said that there is a need to shift from an inward oriented to an outward oriented economy that puts a greater emphasis on exports to …

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Workers’ Remittances

January 11, 2020 | General, Official News

Karachi, January 11, 2020 (PPI-OT): Overseas Pakistani workers remitted US$ 11394.91 million in the first half (July to December) of FY20, showing a growth of 3.31% compared with US$ 11030.01 million received during the same period in the preceding year. …

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Statement on Keynote address by Governor SBP, Dr Reza Baqir at Pakistan Banking Awards 2019

January 11, 2020 | General, Official News

Karachi, January 11, 2020 (PPI-OT): The Governor State Bank of Pakistan, Dr. Reza Baqir while giving his keynote address, shared his views in three areas: the outlook for Pakistan’s economy, areas where banks are doing well, and finally areas where …

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Banking industry join hands to create Pakistan Corporate Restructuring Company Limited

January 10, 2020 | General, Official News

Karachi, January 10, 2020 (PPI-OT): The Presidents and representatives of Habib Bank, National Bank of Pakistan, United Bank, MCB Bank, Allied Bank, Meezan Bank, Bank Al-falah, Bank Al-Habib, Habib Metropolitan Bank and Faysal Bank signed today the shareholders’ agreement for …

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Banks to electronically submit foreign exchange related cases through SBP Online Portal

January 7, 2020 | General, Official News

Karachi, January 07, 2020 (PPI-OT): Two core departments of State Bank of Pakistan (SBP) related to forex operations i.e. Exchange Policy Department (EPD) and Foreign Exchange Operations Department (FEOD) have recently arranged series of detailed presentation on foreign exchange operations …

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State Bank of Pakistan releases First Quarterly Report on the State of Economy

January 6, 2020 | General, Official News

Karachi, January 06, 2020 (PPI-OT): The State Bank of Pakistan today released its First Quarterly Report on the State of Pakistan’s Economy for FY20. According to the report, Pakistan’s economy moved progressively along the adjustment path during the first quarter …

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State Bank of Pakistan releases First Quarterly Report on the State of Economy

January 6, 2020 | General, Official News

Karachi, January 06, 2020 (PPI-OT): The State Bank of Pakistan today released its First Quarterly Report on the State of Pakistan’s Economy for FY20. According to the report, Pakistan’s economy moved progressively along the adjustment path during the first quarter …

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Bank Holiday

December 30, 2019 | General, Official News

Karachi, December 30, 2019 (PPI-OT): The State Bank of Pakistan will remain closed for public dealing on Wednesday, January 1, 2020, which will be observed as ‘Bank Holiday’. All banks /Development Finance Institutions (DFIs) / microfinance banks (MFBs) shall, therefore, …

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State Bank of Pakistan abolished the Fee on Payment of Government Taxes through ADCs and OTC

December 28, 2019 | General, Official News

Karachi, December 28, 2019 (PPI-OT): The State Bank of Pakistan (SBP) has announced to abolish the fee on payment of government taxes and duties through Alternate Delivery Channels (ADCs) and Over-the-Counter (OTC) from January 1, 2020. Presently, the taxpayers pay …

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