State Bank of Pakistan
More News
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Industry demands cheap electricity to ramp up exports
FPCCI chief emphasises this will ensure competitiveness in the region
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SBP issues banknotes worth Rs168 billion ahead of Eidul Azha
All 16 field Offices of SBP Banking Services Corporation issued fresh notes to general public
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SBP’s reserves decrease 0.22%, amount to $14.34b
In January, SBP made a $500-million loan repayment to State Administration of Foreign Exchange, China
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Besides infrastructure, Pakistan must also seek capital for export industries
It will generate foreign exchange needed to service growing external debt
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Federal government must not interfere in SBP’s affairs: IPR
Think tank backs institutional strengthening to check fiscal imbalances
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Exchange firms again refuse to accept old-design $100 bills
KCCI asks SBP to take strict action against the companies
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NAB seeks banking details of Dar, family by 25th
Urges SBP to contact all banks in the country to gather required information
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NAB seeks Sharif’s bank details from SBP
Request for details of seven companies owned by Ishaq Dar’s family also filed
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'Need for new currency notes increases'
Printing corp will have additional responsibility in coming years
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SBP asked not to hide economic issues
ICST asks SBP to present a true picture of the economy
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An intelligent nation with resources – what goes wrong?
Wealth hidden abroad, overvalued stocks, real estate denting growth
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Central bank’s independence and its practicality
Current talk to give more autonomy is devoid of practical significance.
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Foreign exchange: SBP’s reserves plunge to $15b, fall 3.07%
Earlier, SBP received $350 million under CSF
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And now the bad news
Refocus, retrench and bite a few bullets no matter the squeals from a privileged few
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SBP to focus on agriculture financing, SMEs
Will address disparities due to small banking footprint in Balochistan
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July-May FY17 revised: SBP changes current account deficit figures
Deficit now stands at $10.64b, widens by 131% year-on-year
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Tariq Bajwa named as new SBP governor
Bajwa will be the third bureaucrat to be appointed as head of the central bank
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SBP re-launches SMS service for new currency notes
Service will be provided through 1,000 e-branches in 120 cities across the country
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SBP issues updated forex manual
The last such version of the manual was issued in May 2016
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A sense of insecurity
Primary financial institutions of the nation are being run by a collection of temporary and adhoc post holders
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SBP governor’s term ends, but he may get a 3-year extension
Decision expected to be unveiled today as summary sent to PM
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SBP targets 50% growth in bank accounts by 2020
Will introduce Digital Bank with new and developing technologies
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Current account gap to widen faster with oil price increase
Deficit rose to $2.2 billion in the second quarter of FY17
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Financial services: SBP proposes Balochistan Bank
Wathra says plan has been forwarded to province’s chief minister
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Pakistan, Iran central banks to sign accord soon
Exporters will be able to settle claims through the two central banks
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SBP eases import procedures via land routes of Afghanistan
Routing of shipping documents against registered contract through banks will not be mandatory
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SBP’s reserves go beyond $17 billion
Net reserves held by banks amounted to $4,902 million
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SBP rules to throttle terror financing
The State Bank of Pakistan introduced new stringent rules against money laundering and terror-financing
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Transitions: Kassim Parekh, ex-SBP governor, passes away
Parekh was one of Pakistan’s most prominent bankers
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Sindh Bank starts due diligence of Summit Bank
The Board approved the said consortium led by Grant Thornton Anjum Rahman
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In just one year: Government’s debts, liabilities grow to Rs14.54tr
Share of short-term loans increases to 43 per cent, further deepening dependence on banks
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Foreign exchange: SBP’s reserves decrease 0.16%, amount to $18.268.9b
Net reserves held by banks amounted to $4,894.7 million. SBP’s reserves decreased due to external debt servicing
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Central bank sees stable growth during FY17
First quarterly report says agricultural sector recovers with improved output of major crops
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Economic Coordination Committee: Govt allows export of 225,000 tons of sugar despite reservations
Approves issuance of Rs54.5b guarantees in favour of SBP, extends reduced rate of 0.4% on banking transactions
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Rs5,000 note will not be taken off circulation: ministry
Says the banknote is significantly smaller in value than bills of $100, 200 euros and 50 pounds
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Foreign exchange: SBP's reserves continue to fall
The decrease in SBP's reserves is due to external debt servicing and other official payments
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Piling debt: Worries increase as current account deficit widens by 91% to $2.6 billion
Amount for July-November 2015 was $1.36 billion
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Value of large transactions through RTGS reaches Rs232tr
Payment systems showed significant growth in key indicators during fiscal year 2016
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FDI in Pakistan down massive 45% in Jul-Nov
Amount totals to $460m; China remains main contributor with $157m
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Foreign exchange: SBP’s reserves fall 0.16% week-on-week
The SBP’s liquid foreign exchange reserves dropped $30 million
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LSE professor highlights key areas of governance concerns
Besley says Pakistan needs to develop fiscal, legal and collective capacities
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Political events in 2016 have left currency markets restless
Trump’s election, Brexit all had severe economic implications
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The Social Bank of Pakistan
Pakistan is likely to be the third largest contributor to the additional world population during 2015-2050
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Pakistanis conducting 5,000-7,000 illegal dollar transactions via Dubai
Situation rampant as black money diverted from property business towards dollars, gold
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State Bank governor terms India's cash clampdown ‘extreme measure’
Unlike India, Pakistan is focusing on softer measures to boost financial inclusion, says Ashraf Mahmood Wathra
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State Bank maintains target rate at 5.75 per cent
Monetary Policy Committee has cut the target rate by 0.75% in fiscal 2015-16
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Withholding tax: Low-risk money market funds suffer
People have turned to high-risk equity funds due to WHT and low interest rates
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GDP growth to remain in 5-6% range
Govt's target for this year is 5.7%; last year growth was 4.7%
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Social sector crowded out by debt servicing cost
War on terror, floods and earthquakes have caused a loss of $137 billion
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India, Bangladesh owe Pakistan Rs15.25 billion
SBP instructs banks to provide details of dues against both countries