SBP : AsiaNet-Pakistan

Tag: SBP

State Bank of Pakistan provides more flexibility to hospitals and medical centres under its Refinance Facility for Combating COVID‐19

April 6, 2020 | General, Official News

Since the outbreak of COVID‐19, State Bank of Pakistan has taken a number of measures to support the economy. One of the earliest measures taken by SBP was to support the hospitals, which have been at the fore front in …

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Availability of SBP Helpline for customers of banks and public warning against fraudsters calling for personal information citing situation under COVID-19

April 6, 2020 | General, Official News

Karachi, April 06, 2020 (PPI-OT): SBP has taken additional measures to facilitate bank customers that are faced with extraordinary challenges arising out of COVID-19 situation in the country. They can now approach SBP through its helpline service in case their …

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State Bank of Pakistan extends its relief package to borrowers availing loans under Refinance Schemes

April 3, 2020 | General, Official News

Karachi, April 03, 2020 (PPI-OT): State Bank of Pakistan has continuously been reviewing the challenges arising out of COVID‐19 pandemic situation with particular reference to the financial sector and taking measures. Expanding the scope of its recently announced relief package …

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Total liquid foreign reserves position

April 2, 2020 | General, Official News

Karachi, April 02, 2020 (PPI-OT): State Bank of Pakistan (SBP) Thursday said here that the total liquid foreign reserves held by the country stood at US$ 17,387.5 million on 27-March-2020. The break-up of the foreign reserves position is as under:-…

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National Financial Literacy Program for Youth launches its eLearning Portal

April 2, 2020 | General, Official News

Karachi, April 02, 2020 (PPI-OT): State Bank of Pakistan in collaboration with National Institute of Banking and Finance (NIBAF) is implementing National Financial Literacy Program for Youth (NFLP‐Y) to impart essential financial education to Pakistani youth and school going children …

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State Bank of Pakistan implements Regulatory Approval System for ease of doing business

March 27, 2020 | General, Official News

Karachi, March 27, 2020 (PPI-OT): SBP has launched a Regulatory Approval System (RAS) for submission of cases related to foreign exchange policy and operations dealt by its Exchange Policy Department (EPD), SBP and Foreign Exchange Operations Department (FEOD), SBP‐BSC respectively. …

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Relaxation in Foreign Exchange Regulations to Facilitate Imports Against Advance Payment and Open Account Amid COVID-19 Pandemic

March 25, 2020 | General, Official News

Karachi, March 25, 2020 (PPI-OT): SBP has allowed all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers to make Import Advance Payment and Import on Open Account, without any limit, for …

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Relaxation in Foreign Exchange Regulations to Facilitate Imports Against Advance Payment and Open Account Amid COVID-19 Pandemic

March 25, 2020 | General, Official News

Karachi, March 25, 2020 (PPI-OT): SBP has allowed all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers to make Import Advance Payment and Import on Open Account, without any limit, for …

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Monetary Policy Statement

March 24, 2020 | General, Official News

Karachi, March 24, 2020 (PPI-OT): 1. At its last meeting on 17th March 2020, the Monetary Policy Committee (MPC) noted considerable uncertainty about how the Coronavirus outbreak would impact the global economy and Pakistan. In the statement issued following that …

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State Bank of Pakistan takes measures to ensure continuous availability of banking services amid COVID-19 situation

March 23, 2020 | General, Official News

Karachi, March 23, 2020 (PPI-OT): SBP held a meeting with banks today, through video link, to assess their readiness to ensure uninterrupted supply of banking services to clients in the wake of lockdowns and closure of cities by Federal and …

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State Bank Announces Measures to Facilitate Export-Oriented Sectors and Manufacturing Concerns

March 19, 2020 | General, Official News

Karachi, March 19, 2020 (PPI-OT): In an effort to further facilitate the exporters as well as the manufacturing sectors, SBP has allowed exporters to directly dispatch the shipping documents of their exports’ consignment to their foreign buyers without any limit, …

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State Bank of Pakistan takes measures to promote Digital Payments amid COVID-19 Pandemic

March 18, 2020 | General, Official News

Karachi, March 18, 2020 (PPI-OT): In the wake of the recent outbreak of COVID19 (Corona virus), SBP is undertaking a number of measures to contribute towards meeting the challenges faced by society to remain safe from this pandemic and its …

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