SBP Introduces Whistle Blow Policy for Illegal Activities of Foreign Exchange Companies
SBP Introduces Whistle Blow Policy: State Bank of Pakistan is continuously addressing the issue of disturbance in foreign exchange rates. …
State Bank
The bank over Asian nation|West Pakistan|Asian country|Asian nation} (SBP) is incorporated beneath the bank of Pakistan Act, 1956.
As provides the Bank the mastery in conformity with operate because the medium bank on the country. sort of a financial institution of any flourishing country, bank regarding Pakistan performs every the standard then biological process functions per bring home the bacon political economy goals.
Established below the SBP-BSC Ordinance 2001, SBP-BSC supports SBP among activity functions sure as handling of currency and credit management, facilitating the inter-bank settlement system, then sale/purchase regarding money savings units regarding the govt regarding wing on Central board regarding National Savings. SBP-BSC in addition collects financial gain nonetheless makes payments for then regarding aspect regarding the govt.
Future of Interest Based Banking System in Pakistan After Islamic Banking Implementation
Federal Govt has decided to withdraw its two petitions against Federal Shria Court April 2022 verdict regarding the implementation of …
SBP Sets New Guidelines for Foreign Currency Transactions
Foreign Currency Transactions: State Bank of Pakistan has defined new limits for foreign currency in order to further curb the …
Public Holiday in Pakistan (Banks to remain closed)
Refer to ERD/M&PRD/PR/01/2022–120 Dated 08-11-2022 State Bank of Pakistan has notified that it will remain closed today Wednesday, November 9, …
usd to pkr open market..Dollar Continues it upward trend against Pak Rupee
usd to pkr open market..Dollar Continues it upward trend against Pak Rupee. It has been predicted the the Pakistani rupee …
Financial Emergency in Pakistan| SBP Press Release Freezing RDA/FCY Accounts
State Bank with the Finance Ministry has issued a press release today regarding the financial emergency in Pakistan. There are …
State Bank to Counter Digital Fraud and Scam
State Bank issued a circular on 26th May 2022 and instruct banks to provide reporting regarding Digital Fraud and Scam. …
State Bank Reduced Time Period For Bank Car Finance
State Bank of Pakistan issued a circular on 24th May 2022 for consumer finance. State Bank has reduced the time …
SBP Increased Policy Rate by 150 Base Points
SBP Monetary Policy Committee SBP Increased Policy Rate revised by Monetary Policy Committee. State Bank Monetary Policy Committee meeting held …
USD to PKR
US Dollar Rate in Pakistan As per the details shared by SBP today regarding Dollar to PKR rate. As the …