Karachi, September 03, 2015 (PPI-OT):The State Bank of Pakistan has been receiving complaints from various quarters regarding discrimination by banks on the basis of high-risk category of customers including their […]
Read More »State Bank of Pakistan issues instructions for modernizing cash management function in Banks
Karachi, August 26, 2015 (PPI-OT): State Bank of Pakistan has issued comprehensive instructions for modernizing cash management function of banks. The instructions are part of a strategy for transforming the […]
Read More »State Bank of Pakistan remains vigilant of foreign exchange market
Karachi, August 25, 2015 (PPI-OT): The State Bank of Pakistan is cognizant of the global developments related to markets and is keenly observing its impact on the domestic economy as well. Yesterday, financial markets across the globe witnessed turbulence and the panic was most visible in the stock markets. Earlier, the foreign exchange markets also ...
Read More »World Bank Country Director meets State Bank of Pakistan’s Acting Governor
Karachi, August 20, 2015 (PPI-OT): The World Bank Country Director for Pakistan, Mr. Rachid Benmassoud, called on Governor (Acting) State Bank of Pakistan, Mr. Saeed Ahmad, to enhance collaboration under ongoing projects for implementation of the National Financial Inclusion Strategy and explore new opportunities for strengthening of the banking sector. Mr. Saeed Ahmad highlighted the ...
Read More »Wathra for increased level of cooperation among South Asian Association for Regional Cooperation countries to fight global challenges
Karachi, August 20, 2015 (PPI-OT): Governor and the current chairman of the SAARC FINANCE Mr. Ashraf Mahmood Wathra has said that member countries can fight with growing global challenges with their collective commitments, increased level of cooperation and information sharing, and efforts towards better shaping the future course of the SAARC FINANCE. He was addressing ...
Read More »No Move to issue Rs10,000 or any other higher denomination banknote
Karachi, August 18, 2015 (PPI-OT): SBP categorically denies the news item reported in a section of press and electronic/social media regarding its plans to issue new banknote of Rs. 10,000/-The […]
Read More »Draft of Governor’s speech on Independence Day on August 14 at State Bank of Pakistan, Karachi
Karachi, August 14, 2015 (PPI-OT): Ladies and Gentlemen, Assalam-o-Alaikum, It is my pleasure and honour to speak to you on the 69th Independence Day of Pakistan. First of all, I […]
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