Tag Archives: SBP

The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY20. The Review presents performance and risk assessment of various stakeholders in the financial sector including banks, non-banking financial institutions, financial markets, …

Cryptocurrencies are attaining mainstream acceptance, with Bitcoin’s price reaching record levels as investors, such as Elon Musk, are pouring funds into it. The Morgan Stanley, one of the biggest US bank, is offering its wealth management clients access to bitcoin …

The banking services innovate after Covid but will follow through Interview with Dr. Ayub Mehar — a renowned economist PAGE: Tell me something about yourself and your career, please: Dr. Ayub Mehar: I am associated as ‘Economic Advisor’ with the Employers’ …

Researchers identified that in early 2000s, digital payments became a worldwide phenomenon. In developing states of South Asia digital payments within the realm of Mobile Banking has presently caught more attention. With the help of digital payments, consumers pay bills …

According to the Pakistan Bureau of Statistics (PBS) the consumer price index (CPI) inflation general, grew by 9.7 percent on yearly basis in June 2021 as compared to a rise of 10.9 percent in the previous month and 8.6 percent …

The Global Green Finance Leadership Program (GFLP), recently held a webinar on green finance for the Central Asia region, attended by more than 300 participants from central banks, financial regulators, local banks, international organizations (IOs), and research institutions in the …

More than one year has passed but the battle against pandemic still continues. Governments and businesses are struggling hard to reduce the damages caused by the on-going Covid-19 pandemic to the socio-economic fabric across the world without any discrimination of …

Sources record that for true description of the economic performance of Pakistan, the experts need to compare the performance of economy pre and post Covid-19. Sources also presently record that Pakistan’s economy is on a solid growth path and has …

Interview with Sardar Shoukat Popalzai – President, Balochistan Economic Forum PAGE: Pakistan might receive around $30 billion remittances during the current financial year. What is your take on it? Sardar Shoukat Popalzai: Surprisingly, Pakistan saw an increase in remittances even when …

State Bank of Pakistan (SBP) has unveiled the third five-year Strategic Plan for the development of Islamic Banking in the country. The plan has set headline targets for Islamic banking to be achieved by 2025. These include: 1) achieving 30% …

Statistics show that in Pakistan the composition of Islamic banking industry (IBI) stayed similar with 22 Islamic banking institutions comprising 5 full-fledged Islamic banks (IBs) and 17 conventional banks having standalone Islamic banking branches (IBBs) at the end of December …

At its meeting on 19th March 2021, the Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to maintain the policy rate unchanged at 7 percent. The MPC noted that since the last meeting in January 2021, growth …