Remittances from Gulf nations remarkable, need to improve relations with others for better outcome Interview with Mr Hamad Rasool Bhullar…
Browsing: SBP
Banks approve on spot conditional housing loans amounting to Rs7.4 billion In an overwhelming response to the first ever Mera…
SBP wins another award for promoting Islamic finance Islamic Finance News (IFN), an arm of REDmoney Group, Malaysia, has announced…
Newfound system helps facilitate P2P transactions Imran Khan, Prime Minister of Pakistan launched the second phase of Raast, called Person-to-Person…
Pakistan banking sector making progress The State Bank of Pakistan (SBP) has greatly contributed for the development of the economy…
The foreign exchange reserves is a part of a country’s assets or monies having in reserve by the central bank.…
After an unexpected increase in cut-off yields in last T-Bill auction on December0 1, 2021, money market yields have been…
The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to raise the policy rate by 100 basis…
Overseas Pakistanis have sent the highest-ever US$8 billion remittances during the first quarter of the current fiscal year, registering an…
The State Bank of Pakistan (SBP) made an unexpected move by increasing its benchmark interest rate by 150 basis points…
Pakistan’s key experts recorded that the Islamic banking industry could play a vital role in eradicating poverty and inequality from…
Benchmark lending rate hikes to 16-month high Cut-off yields on Treasury Bills (T-Bills) spiked by up to 49 basis points…
The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY20. The…
Cryptocurrencies are attaining mainstream acceptance, with Bitcoin’s price reaching record levels as investors, such as Elon Musk, are pouring funds…
The banking services innovate after Covid but will follow through Interview with Dr. Ayub Mehar — a renowned economist PAGE:…
Researchers identified that in early 2000s, digital payments became a worldwide phenomenon. In developing states of South Asia digital payments…
According to the Pakistan Bureau of Statistics (PBS) the consumer price index (CPI) inflation general, grew by 9.7 percent on…
The Global Green Finance Leadership Program (GFLP), recently held a webinar on green finance for the Central Asia region, attended…
More than one year has passed but the battle against pandemic still continues. Governments and businesses are struggling hard to…
Sources record that for true description of the economic performance of Pakistan, the experts need to compare the performance of…
Interview with Sardar Shoukat Popalzai – President, Balochistan Economic Forum [box type=”shadow” align=”” class=”” width=””]Profile: Sardar Shoukat Popalzai, President of…
State Bank of Pakistan (SBP) has unveiled the third five-year Strategic Plan for the development of Islamic Banking in the…
Statistics show that in Pakistan the composition of Islamic banking industry (IBI) stayed similar with 22 Islamic banking institutions comprising…
At its meeting on 19th March 2021, the Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to…
According to the Economic Survey FY2020, stable inflation is always linked with well growth and development outcomes. Price stability not…
COVID-19 has accelerated digitization of banking as customer expectations change during the pandemic. This potential digital change would also help…
State Bank of Pakistan in collaboration with Karandaaz and Bill & Melinda Gates Foundation, marked the beginning of 2021 with…
Dubai Islamic Bank, the world’s first Islamic bank – last week joined the Roshan Digital Account (RDA) initiative of the…
Interview with Mr. Shaham Ahmad — Honorary Secretary, ICMA Pakistan Year 2021 will be a year of ‘economic recovery’ for…
Interview with Mr Khalid Tawab – Chairman, Tawab Group [box type=”shadow” align=”” class=”” width=””]Profile: Mr Khalid Tawab is an economics,…
Studies reveal that the worker’s remittances are considering second largest source of finance in developing countries after foreign direct investment…
In Pakistan, Islamic banking has registered substantial growth over the last few years. Along with increase in number of branches,…
Collectively, financial sector’s risk indicators have significantly strengthened since the last financial crisis of 2008. In terms of capitalization, the…
Interview with Mr Ashfaq Yousuf Tola – President, Tola Associates [box type=”shadow” align=”” class=”” width=””]Profile: Professional Accomplishments Memberships: Fellow Member…
No doubt, the Pakistan’s banking sector has played an important role in continuing the Pakistan’s economic system during pandemic, which…
The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at…
According to the latest data released by State Bank of Pakistan (SBP), overall deposits of Pakistan banks have grown by…
According to the State Bank of Pakistan’s (SBP) present Special Section on Covid-19 and the need to boost digital connectivity…
Calendar year 2020 has been a topsy-turvy ride of global economy, financial markets due to global pandemic and Pakistan has…
State Bank of Pakistan (SBP) through its recent initiatives and actions has focused its attention on finance-deficient areas such as…
At the end of September 2020, State Bank of Pakistan (SBP) identified that the infrastructure of Islamic banking industry remained…
Presently Pakistan’s external debt and liabilities reached historical level of $113.8 billion at the end of September 2020, due to…
In Pakistan, the economic report shows that as economies reopen with expectations that the adverse impact of COVID-19 is bottoming…
Reduction in interest rate is a must for bringing down cost of doing business in the country On 21st September…
Foreign direct investment (FDI) is now perceived in many developing countries as a key source of much needed capital, foreign…
In Pakistan, statistics showed that in the first two months of the current fiscal year of 2020-21 the Foreign Direct…
During FY20 Pakistan received record remittances. On a cumulative basis, workers’ remittances increased to a historic high level of US$23.120…
Pakistan Stock Exchange (PSX) held a gong ceremony to mark the successful book building and listing of Pakistan Energy Sukuk…
Interview with Mr Khalid Tawab – Chairman, Tawab Group of Companies [box type=”shadow” align=”” class=”” width=””]Profile: Mr Khalid Tawab is…
The Analysis of Economic survey of Pakistan FY2020 showed that broad money enlarged by Rs 1,481.3 billion during 01 Jul-24…
During 2020 State Bank of Pakistan (SBP) has reduced interest rate, which is likely to impact earnings of commercial banks.…
The studies revealed that insurance is one of the main and significant fields of the economy. To protect people from…
Monthly sales of automotive industry for July 2002 were reported at 11,836 units, up 32%MoM, but down 10%YoY. This indicate…
Pakistan received workers’ remittances worth $19.62 billion in FY18 and $21.74 billion in FY19. They grew to a record high…
Since March 2020 State Bank of Pakistan has cut interest rate by 625bps. It had also imposed restriction on payment…
State Bank of Pakistan (SBP) has introduced a temporary refinance scheme for payment of wages and salaries to the workers…
Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the…
Faysal Bank Limited is a leading Financial Institution in Pakistan with a legacy of service and innovation which spans over…
According to the State Bank of Pakistan (SBP) report, the credit to the private sector continued its downward trajectory in…
SBP sees restriction steps may have negative impact on Pakistan’s economy According to the World Bank’s latest Global Economic Prospects,…
Amid growing concerns about the potential economic impact of the COVID-19 pandemic, State Bank of Pakistan (SBP) in collaboration with…
Provision of disinfected currency notes by banks Recognizing the need for issuance of fit, authenticated and disinfected cash by the…
Pakistan Day is celebrated with great fervor every year, but this year the circumstances are very different. People are living under…
International experts identified that through economic policymakers the foreign exchange reserves are viewed as ‘money in the bank’ – the…
Federal Reserve of United States has cut rate in an emergency that has created opportunity for other central banks around…
International experts revealed that it is mandatory for everyone in the developed world, to have a cover for unforeseen losses.…
In Pakistan there exists two distinct, but opposite opinions about the growth of Islamic banking in the country. The proponents…
Researchers reported that Islamic banking is now approximately 30-years old. In 1963, Islamic banking was started in Egypt; most of…
While the property market might have seen downtimes since the last 2 to 3 years due to the unstable political…
Seminar on Emerging Trends in Good Governance of Banking Sector in SAARC Countries held Dr. Reza Baqir, Governor, State Bank…
Monetary Policy Committee of State Bank of Pakistan (SBP) has decided to leave the policy rate unchanged at 13.25%. The…
The banking industry in Pakistan is growing leaps and bounds in almost all aspects. Presently, there are 45 banks with…
Meezan Bank’s Shariah-compliant products, services have taken major standings Interview Irfan Siddiqui — President & Chief Executive Officer, Meezan Bank…
The pressure of trade and industry is mounting on State Bank of Pakistan (SBP) to curtail policy rate to bring…
Presently, the State Bank of Pakistan (SBP) reported that total foreign direct investment (FDI) in Pakistan jumped by 137 percent,…
The Center for Business and Economic Research (CBER) held the second Coffee@CBER session on 12th October 2019 at Institute of…
Pakistan is facing numerous challenges, which is not new for this country. The economic situation in Pakistan today is indeed…
Revival of economy is the biggest issue of present day Pakistan. It is important to address this issue just now…
IBA holds lecture on macroeconomic challenges and outlook The Institute of Business Administration (IBA), Karachi organized a distinguished lecture on…
The State Bank of Pakistan (SBP) is scheduled to announce its Monetary Policy for next two months on 16th September…
Structure Of Interest Rates In Pakistan w.e.f. SBP Reverse Repo Rate SBP Repo Rate SBP Policy (Target) Rate 24-Mar-15 8.00…
According to the Ministry of Finance published report, in Pakistan the electronics registered a growth of 23.7 percent during FY2018-19,…
At the recent monetary policy briefing, Dr. Reza Baqir, Governor, State Bank of Pakistan (SBP) defended persistent hike in policy…
Pakistan is among the top producers of cotton, sugarcane and food grains, i.e. wheat, rice and maize. However, significantly large…
The e-commerce market in Pakistan has now been around for nearly 18 years. Though, the e-commerce sector has focused mainly…
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel…
Pakistani newspapers and magazines are full of praises for the Government of Pakistan (GoP) and State Bank of Pakistan (SBP)…
The Government of Pakistan (GoP) has launched ‘Prime Minister’s Kamyab Jawan SME Lending Program’ aimed at providing self-employment opportunities to…
The Pakistan’s economy is facing numerous challenges, which has impacted the overall economic activity. The economy is still and essentially…
The SBP Policy Rate set by Monetary Policy Committee MPC-SBP at staggering 12.25% needs re-definition and aligning it with our…