SBP : AsiaNet-Pakistan

Tag: SBP

Normal Office Timings

August 3, 2020 | English, General, Official News

Karachi, August 03, 2020 (PPI-OT): The State Bank of Pakistan will revert to normal office timings as mentioned below from Monday, August 3, 2020: Monday to Thursday: 9:00 a.m. to 5:30 p.m. (with prayer / lunch break from 1:30 p.m….

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Pakistan’s Liquid Foreign Reserves Position

July 30, 2020 | English, General, Official News

Karachi, July 30, 2020 (PPI-OT): State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$ 18,912.2 million on 24-July-2020. The break-up of the foreign reserves position is as under: i) Foreign…

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State Bank of Pakistan issues instructions for promotion of Islamic Banking

July 29, 2020 | English, General, Official News

Karachi, July 29, 2020 (PPI-OT): Keeping in view the significant potential of Islamic Banking Windows (IBWs) in enhancing the share and outreach of Shariah compliant financial services and increase in financial inclusion, SBP has issued today revised instructions for banks…

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State Bank of Pakistan will remain closed from 31st July to 2nd August, 2020 on the occasion of Eid-ul-Adha

July 28, 2020 | English, General, Official News

Karachi, July 28, 2020 (PPI-OT): The State Bank of Pakistan will remain closed from 31st July to 2nd August, 2020 (Friday to Sunday) being public holidays on the occasion of Eid-ul-Adha. For more information, contact: Chief Spokesman, State Bank of…

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Salaries can be disbursed under Rozgar Scheme Before Eid-ul-Azha: SBP

July 27, 2020 | English, General, Official News

Karachi, July 27, 2020 (PPI-OT): State Bank of Pakistan (SBP) has allowed the disbursement of wages/salaries for the month of July before Eid-ul-Azha under its Rozgar Scheme. Earlier, the banks were required to disburse salaries according to the cycle of…

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Salaries can be disbursed under Rozgar Scheme Before Eid-ul-Azha: SBP

July 27, 2020 | English, General, Official News

Karachi, July 27, 2020 (PPI-OT): State Bank of Pakistan (SBP) has allowed the disbursement of wages/salaries for the month of July before Eid-ul-Azha under its Rozgar Scheme. Earlier, the banks were required to disburse salaries according to the cycle of…

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Banks’ Performance on SBP’s Rozgar Refinance Scheme with Risk Sharing Facility (Updated till 10th July, 2020)

July 27, 2020 | English, General, Official News

Karachi, July 27, 2020 (PPI-OT): To counter the negative impact of Covid-19 on the economy, State Bank of Pakistan (SBP) introduced a Refinance Scheme to Support Employment and Prevent Layoff of Workers, commonly known as SBP Rozgar Scheme, in April…

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Banks’ Performance on SBP’s Rozgar Refinance Scheme with Risk Sharing Facility (Updated till 10th July, 2020)

July 27, 2020 | English, General, Official News

Karachi, July 27, 2020 (PPI-OT): To counter the negative impact of Covid-19 on the economy, State Bank of Pakistan (SBP) introduced a Refinance Scheme to Support Employment and Prevent Layoff of Workers, commonly known as SBP Rozgar Scheme, in April…

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SBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

July 22, 2020 | English, General, Official News

Karachi, July 22, 2020 (PPI-OT): State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies. In light…

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Keenu (Wemsol) Earns Pilot Launch Approval from State Bank of Pakistan

July 20, 2020 | English, General, Official News

Karachi, July 20, 2020 (PPI-OT): State Bank of Pakistan (SBP) grants pilot launch approval to Keenu (Wemsol Private Limited) to operate as Electronic Money Institution (EMI). This will allow the leading Pakistani payments brand to initiate the pilot phase of…

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State Bank of Pakistan Grants Approval for Pilot Operation to APPS for Ecommerce Payment Gateway “PayFast”

July 17, 2020 | English, General, Official News

Karachi, July 17, 2020 (PPI-OT): PayFast brings the ultimate and innovative solution to address the pain points of the digital payments industry of Pakistan. Pakistan has over 80 million 3G/4G subscribers, and the huge potential of ecommerce, the market value…

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Office Timings

July 9, 2020 | General, Official News

Karachi, July 09, 2020 (PPI-OT): Effective from July 13, 2020, the banks/MFBs shall observe the following office timings till further orders. However, banks/MFBs may prescribe business hours for branches as per their business requirement. Monday to Thursday: 9:00 a.m. to…

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