State Bank of Pakistan (SBP) Archives

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Business

Web Desk
Oct 18, 2024

SBP’s 2023-24 report shows first primary surplus in 17 years

The SBP’s efforts have also resulted in an increase in bank deposits, reflecting growing confidence in the banking sector.

Pakistan

Hum News
Oct 08, 2024

Cabinet approves establishment of PM’s Relief Fund for Palestine, Lebanon

Minister for Planning and Development Ahsan Iqbal will oversee the relief operations for Palestine and Lebanon, PM Office Media Wing said in a press release

Business

Web Desk
Oct 03, 2024

SBP governor announces launch of country’s “first digital bank”

The imitative will involve the establishment of five digital banks, which have received in-principle approval from the central bank.

Business

Web Desk
Sep 24, 2024

Senate committee questions SBP over fine on commercial banks

The commercial banks had reportedly profited Rs65 billion from the illegal sale of the United States (US) dollars.

Latest

Web Desk
Sep 21, 2024

Benazir Income Support programme initiates fund distribution

The BISP and the State Bank of Pakistan (SBP) collaborated to created a simplified payment procedure for the beneficiaries.

Business Pakistan

Web Desk
Aug 27, 2024

Pakistan aims to secure $4 billion from ME banks, SBP governor

Finance Minister Aurangzeb is in discussions with prominent banks in the Middle East to explore investment opportunities in Pakistan.

Pakistan

Web Desk
Aug 22, 2024

Pakistan to overhaul currency notes by end of 2024

The new designs will include both polymer and paper notes, aimed at improving security and reducing counterfeiting.

Latest

Web Desk
Aug 09, 2024

Public holiday announced on August 14

The incumbent government has announced a public holiday on August 14 (Wednesday) to mark the nation’s 78th Independence Day.

Business

Web Desk
Jul 29, 2024

SBP set to announce monetary policy today; rate cut expected

If realised, this adjustment would mark the second consecutive rate cut following a 150 basis point decrease at the last meeting.

Business

Web Desk
Jun 15, 2024

Government scraps key programmes in next fiscal year budget

Despite a tax-heavy budget sharply cutting funding beyond essential needs, the government still managed to approve salary increases for government employees.