Karachi, June 01, 2016 (PPI-OT):State Bank of Pakistan has advised all banks including microfinance banks to facilitate opening of bank accounts and provide banking facilities including ATM card, credit card, […]
Read More »Regional Consultative Group Asia meeting, Governor State Bank of Pakistan for enhancing cooperation to mitigate cyber threats
Karachi, May 27, 2016 (PPI-OT):Governor State Bank of Pakistan Mr. Ashraf Mahmood Wathra emphasized the importance of financial technology and cyber security in an increasingly technology dependent world during his opening address to the members of Regional Consultative Group Asia (RCG Asia). He reiterated FSB’s stance that the RCG Asia should expand cooperation and enhance ...
Read More »Liquid foreign reserves reach US$21,611.7 million
Karachi, May 26, 2016 (PPI-OT):The total liquid foreign reserves held by the country stood at US$21,611.7 million on 20 May 2016. The break-up of the foreign reserves position is as […]
Read More »Governor State Bank of Pakistan sees enhanced cooperation among South Asian Association for Regional Cooperation Countries for developing Correspondent Banking Framework in the region
Karachi, May 16, 2016 (PPI-OT):Governor State Bank of Pakistan Mr. Ashraf Mahmood Wathra has emphasized the importance of enhanced cooperation among the central banks to develop regional correspondent banking channels […]
Read More »State Bank of Pakistan renews Status of JCR-VIS Credit Rating Company Limited and Pakistan Credit Rating Agency Limited as Eligible External Credit Assessment Institutions
Karachi, May 12, 2016 (PPI-OT):State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “JCR-VIS Credit Rating Company Limited (JCR-VIS)” and “The Pakistan […]
Read More »Foreign Exchange reserves increase by $128 million
Karachi, May 12, 2016 (PPI-OT):State Bank of Pakistan (SBP) Thursday said that the total liquid foreign reserves held by the country stood at US$20,834.2 million on 06 May 2016. The […]
Read More »State Bank of Pakistan issues prepaid card regulations
Karachi, May 09, 2016 (PPI-OT):In order to promote electronic payments in Pakistan by introducing alternate digital means of payments and achieve greater financial inclusion by taking advantage of the technological […]
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