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Karachi, January 17, 2018 (PPI-OT):State Bank of Pakistan (SBP), being the central bank and banking supervisor, plays a pivotal role in ensuring stability of Pakistan’s financial system. In pursuance of SBP Vision 2020, it is committed to strengthening its financial...
Read More »Opening of designated bank branches on 20th and 21st January, 2018 for the Collection of Hajj Applications
Karachi, January 16, 2018 (PPI-OT):State Bank of Pakistan, upon the request of Ministry of Religious Affairs and Interfaith Harmony, has directed 13 designated banks (viz. Habib Bank, United Bank, National Bank of Pakistan, MCB Bank, Allied Bank, Bank of Punjab, Bank Alfalah, Zarai Taraqiati Bank, Habib Metropolitan Bank, Meezan Bank, Dubai Islamic Bank, Faysal Bank ...
Read More »State Bank of Pakistan joins hands with Central Bank of the Russian Federation on bilateral central banking cooperation
Karachi, January 15, 2018 (PPI-OT):The Governor SBP visited the Central Bank of the Russian Federation (CBRF) Headquarters in Moscow, Russia on January 15, 2018. This is the first ever visit of an SBP Governor to CBRF. As an important milestone, the SBP has signed a Memorandum of Understanding on bilateral central banking cooperation with the ...
Read More »Overseas Pakistanis remit US $9.7 billion in the first six months of FY18
Karachi, January 10, 2018 (PPI-OT):Overseas Pakistani workers remitted US $9744.75 million in the first six months (July to December) of FY18, compared with US $9505.11 million received during the same period in the preceding year. During December 2017, the inflow of worker’s remittances amounted to US $1723.57 million, which is 9.31% higher than November 2017 ...
Read More »State Bank’s efforts lauded globally
Karachi, January 10, 2018 (PPI-OT):State Bank of Pakistan has been voted as the Best Central Bank in Promoting Islamic Finance by a poll conducted by International Finance News (IFN), an arm of Red Money Agency, Malaysia. State Bank of Pakistan has also won this award in 2015. It is also important mentioning that in 2016, ...
Read More »State Bank’s efforts lauded globally – Voted as the Best Central Bank for Promoting Islamic Finance
Karachi, January 10, 2018 (PPI-OT):State Bank of Pakistan has been voted as the Best Central Bank in Promoting Islamic Finance by a poll conducted by International Finance News (IFN), an arm of Red Money Agency, Malaysia. State Bank of Pakistan...
Read More »Governor Bajwa urges business community and banks to ensure smooth implementation of SME finance policy
Karachi, January 04, 2018 (PPI-OT):“I believe that with active support of business community and banking sector, SME finance policy recently launched by the Prime Minister will achieve its desired objectives”, said the Governor SBP while chairing a meeting held at SBP (BSC) Sukkur. The meeting was attended by the presidents, vice presidents and general secretaries ...
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