State bank

The low forex reserves, currently at a nine-year low, raise the risk of default on foreign debt repayment

Move aimed at curbing inflation, achieving ‘higher growth on more sustainable basis'

Indicates benchmark interest rate to remain unchanged despite high inflation reading

Terms the great global lockdown as the 'mother of all external shocks'

The high policy rate of 13.25% is said to be killing business, making the interest cost of govt debt unbearable

Governor Reza Baqir apprises president of measures and schemes taken by central bank

KSE 100-share Index advances 36% in dollar terms in past three months

Lifts ban on advance payment of up to $10,000 per invoice for imports

Arbitrator requires $150m deposit in escrow account by June 30 to keep stay on $760m award in effect

New currency notes will be released from May 20 to May 31

Says people impersonating as bank officials seek secret information and misuse it

Bajwa calls for providing funds to SMEs, agriculture and low-cost housing units

UNISAME appreciated the decision of the NIBAF to set up a Centre of Excellence

They are eligible for concessionary financing under an SBP scheme

CJP maintained that State Bank’s procrastination was a source of anguish for everyone

Also stops the process for appointing CEOs of three joint investment firms

Results show majority stakeholders expect hike in March; policy to be announced today

Development comes as centre looks to cover shortfall in revenues due to US withholding CSF disbursements

Receives complaints against discriminatory practices on part of banks

Last week the reserves decreased due to external debt servicing and other official payments

Advises increase banking presence to achieve SBP’s strategic goal (2020)

The launch may also provide an impetus to the national savings

Average price of tax-evaded brands is Rs27 per pack, far below minimum tax of Rs33.8

Fourth Schedule comprises elements found to be or suspected to be involved in anti-state activities

The SBP may move the interest rates upwards during the third quarter of fiscal year 2016-17, says analyst

Federal govt refuses to disclose details of loans exceeding Rs5m obtained from a state-run bank in the past five years

SBP’s liquid foreign exchange reserves increased $4m to $16,820m compared to $16,816m in the previous week

We believe that this bill will largely benefit the economy, though the lack of debate was very disappointing

CSF, worker remittances and reduction in oil import bill labelled as reasons