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Tag: SBP

Overseas Pakistanis remit US $20.19 billion in the first eleven months of FY19

June 14, 2019 | General, Official News

Karachi, June 14, 2019 (PPI-OT): Overseas Pakistani workers remitted US $20190.98 million in the first Eleven months (July to May) of FY19, showing a growth of 10.42% compared with US $18285.90 million received during the same period in the preceding …

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Fresh currency note issuance on Eid-ul-Fitr 2019

June 3, 2019 | General, Official News

Karachi, June 03, 2019 (PPI-OT): The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP-Banking Services
Corporation (SBP-BSC), provided fresh banknotes of various denominations aggregating to Rs. 360 billion, including Rs. 61 billion of Rs.100 and …

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Interest free loans approved for meritorious students under Student Loan Scheme

June 3, 2019 | General, Official News

Karachi, June 03, 2019 (PPI-OT):The Apex Committee for Student Loan Scheme having representation from State Bank of Pakistan, Finance Division (Government of Pakistan) and five major banks (NBP, HBL, UBL, ABL and MCB Bank) has approved Rs 51.987 million as …

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Public Holidays

May 29, 2019 | General, Official News

Karachi, May 29, 2019 (PPI-OT): The State Bank of Pakistan will remain closed from 4th June to 7th June, 2019 (Tuesday, Wednesday, Thursday and Friday) on the occasion of Eid-ul-Fitr.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan …

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State Bank’s fresh currency notes service 8877 receives overwhelming public response

May 29, 2019 | General, Official News

Karachi, May 29, 2019 (PPI-OT): The SMS service launched by State Bank of Pakistan for issuance of fresh currency notes for Eid-ul-Fitr 2019 attracts a huge response. State Bank of Pakistan (SBP) appreciates the interest shown by the general public …

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Monetary Policy Statement

May 20, 2019 | General, Official News

Karachi, May 20, 2019 (PPI-OT): Key developments since the last MPC statement

There have been three notable developments since the last Monetary Policy Committee (MPC) meeting in March 2019. First, the government of Pakistan has reached a staff-level agreement with …

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State Bank relaunches 8877 SMS service for issuance of fresh currency notes

May 17, 2019 | General, Official News

Islamabad, May 17, 2019 (PPI-OT): State Bank of Pakistan, through its subsidiary SBP Banking Services Corporation (SBP BSC) has relaunched the SMS service for issuance of fresh currency notes to the general public. The fresh currency notes will be available …

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Announcement of Monetary Policy

May 16, 2019 | General, Official News

Islamabad, May 16, 2019 (PPI-OT): State Bank of Pakistan will announce Monetary Policy on Monday, May 20, 2019 through a Press Release.
For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan…

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Overseas Pakistanis remit US $17.9 billion in the first ten months of FY19

May 10, 2019 | General, Official News

Karachi, May 10, 2019 (PPI-OT): Overseas Pakistani workers remitted US $17,875.23 million in the first ten months (July to April) of FY19, showing a growth of 8.45% compared with US $16,481.82 million received during the same period in the preceding …

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Dr. Reza Baqir appointed as Governor State Bank of Pakistan

May 5, 2019 | General, Official News

Karachi, May 05, 2019 (PPI-OT): Dr. Reza Baqir has assumed the charge of Governor State Bank of Pakistan after President of Pakistan appointed him as Governor State Bank of Pakistan for a period of three years in pursuance of Section …

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Dr. Reza Baqir appointed as Governor State Bank of Pakistan

May 5, 2019 | General, Official News

Karachi, May 05, 2019 (PPI-OT): Dr. Reza Baqir has assumed the charge of Governor State Bank of Pakistan after President of Pakistan appointed him as Governor State Bank of Pakistan for a period of three years in pursuance of Section …

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Bank Holiday

May 3, 2019 | General, Official News

Karachi, May 03, 2019 (PPI-OT): The State Bank of Pakistan will remain closed for public dealing on 1st Ramadan-ul-Mubarak 1440 A.H., which will be observed as Bank Holiday for deduction of Zakat, as usual. All banks / DFIs / MFBs …

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