Tag Archives: SBP

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 …

According to the State Bank of Pakistan (SBP) report, the credit to the private sector continued its downward trajectory in H1-FY20, as businesses continued to scale down their activities and increasingly resorted to internal financing. This trend was consistent with …

SBP sees restriction steps may have negative impact on Pakistan’s economy According to the World Bank’s latest Global Economic Prospects, in 2020 the global economy is on track to shrink by 5.2 percent amid the COVID-19 pandemic, the deepest recession …

Amid growing concerns about the potential economic impact of the COVID-19 pandemic, State Bank of Pakistan (SBP) in collaboration with Pakistan Banks Association (PBA) has announced a comprehensive relief package. This package is aimed at facilitating stakeholders including households and …

Provision of disinfected currency notes by banks Recognizing the need for issuance of fit, authenticated and disinfected cash by the banks, detailed instructions have been provided by State Bank of Pakistan (SBP) to ensure to clean, disinfect, seal and quarantine …

Pakistan Day is celebrated with great fervor every year, but this year the circumstances are very different. People are living under extreme fear due to coronavirus pandemic, not only in Pakistan but around the world. The death of dozens of people from the …

International experts identified that through economic policymakers the foreign exchange reserves are viewed as ‘money in the bank’ – the more, the better. Reserves are a basic pillar of the macroeconomic toolkit. The experts showed that in countries that implement fixed or …

Federal Reserve of United States has cut rate in an emergency that has created opportunity for other central banks around the globe to cut rate, especially for those who held off so far out due to domestic and external concerns. …

International experts revealed that it is mandatory for everyone in the developed world, to have a cover for unforeseen losses. On the other hand, the need of such an instrument is much greater in developing countries, as susceptibility to risk …

In Pakistan there exists two distinct, but opposite opinions about the growth of Islamic banking in the country. The proponents are jubilant and claim that now a little less than 15 percent of total assets of the banking sector are …

Researchers reported that Islamic banking is now approximately 30-years old. In 1963, Islamic banking was started in Egypt; most of the biography corroborates but most of the countries within the Globe agreed and developed Islamic banking in their countries during …