Tag Archives: SBP

During FY20 Pakistan received record remittances. On a cumulative basis, workers’ remittances increased to a historic high level of US$23.120 billion during FY20 as compared to US$21.739 billion received in FY19, witnessing a growth of 6.4% over Despite economic slowdown …

Pakistan Stock Exchange (PSX) held a gong ceremony to mark the successful book building and listing of Pakistan Energy Sukuk II amounting to Rs200 billion. The book building process was managed by Pakistan Stock Exchange. The gong striking ceremony was …

Interview with Mr Khalid Tawab – Chairman, Tawab Group of Companies PAKISTAN & GULF ECONOMIST sought views of Mr Khalid Tawab vis-a-vis the foreign remittances received by Pakistan during these trying times. The excerpts of the conversation are as follows: Foreign …

The Analysis of Economic survey of Pakistan FY2020 showed that broad money enlarged by Rs 1,481.3 billion during 01 Jul-24 Apr, FY2020 against with Rs 540.6 billion previous year. This higher money growth was because of to a sharp expansion …

During 2020 State Bank of Pakistan (SBP) has reduced interest rate, which is likely to impact earnings of commercial banks. Banks were also stopped from disbursing dividend and issuing Bonus Share to facilitate ample liquidity is the system. Over the …

The studies revealed that insurance is one of the main and significant fields of the economy. To protect people from risks and from dangers is the main part of the insurance. As we know in modern period there are too …

Monthly sales of automotive industry for July 2002 were reported at 11,836 units, up 32%MoM, but down 10%YoY. This indicate a reversion to pre-COVID normalcy, completing a “V-shaped” recovery over five months while extending consecutive YoY downtrend to its 21st …

Pakistan received workers’ remittances worth $19.62 billion in FY18 and $21.74 billion in FY19. They grew to a record high of $23.10 billion in FY20 with an increase of 7.8% during the March-June 2020 pandemic period compared with the corresponding …

Since March 2020 State Bank of Pakistan has cut interest rate by 625bps. It had also imposed restriction on payment of dividend and issue of bonus shares for two quarters. The two measures were taken to ensure ample liquidity in …

State Bank of Pakistan (SBP) has introduced a temporary refinance scheme for payment of wages and salaries to the workers and employees of the business concerns. SBP has extended the Rozgar Scheme for supporting employment for another three months and …

Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the statesmanship or commonalities of the common man, budget of the pandemic times is a very challenging proposition indeed. So very …

Faysal Bank Limited is a leading Financial Institution in Pakistan with a legacy of service and innovation which spans over three decades. The Bank is engaged in Retail, Corporate and Commercial banking activities and over the past few years has …