State Bank of Pakistan
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BankingGuide: Overseas Pakistanis Can Now Operate Their Bank Accounts After Biometric Verification
Overseas Pakistanis cannot operate their bank accounts largely due to biometric verification. To provide ease to millions of expatriates, the State Bank...
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Taxes
Tax Filing Deadline Extended While Income Tax Return Filers Slumped To 0.58 Million
Going by the figures submitted by the end of October – the tax filing deadline, the income tax filers have declined significantly...
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Banking
Bank Of China, Second Chinese Bank Initiates Operations In Pakistan
According to a statement issued by the State Bank of Pakistan (SBP), Bank of China has been granted permission to start banking...
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Finance
Cash Carrying Limit For Travelers Revised To Rs10,000
The State Bank of Pakistan (SBP) has increased the outgoing and incoming cash carrying limit of Pakistani currency notes. As per the...
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Banking
Foreign Exchange Reserves Continue To Dwindle
The foreign exchange reserves of Pakistan continue to slide big time as State Bank of Pakistan (SBP) in its latest report has...
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Economy
After Trade Deficit, Remittances Decline For The First Time In 13 Years
According to statistics released by the State Bank of Pakistan (SBP) on Monday, a decrease in remittances has been observed for the...
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Banking
Federal Government Appoints Tariq Bajwa As The New Governor Of State Bank Of Pakistan
In a latest development, the federal government has appointed Tariq Bajwa as the new governor of State Bank of Pakistan (SBP). He...
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Banking
Merger Between NIB and MCB Bank Gets Approved By SBP
In a latest development, the State Bank of Pakistan (SBP) has approved the merger between NIB and MCB Bank Limited. SBP, via...
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News
SBP’s SMS Service To Get Fresh Currency Notes For Eid-ul-Fitar
Are you among those individuals who meticulously and tirelessly look for fresh currency notes as Eid-ul-Fitar approaches? If your answer is yes...
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News
SBP Encourages SMEs By Rescheduling Spread Rates At 4%
To encourage banks and DFIs, State Bank of Pakistan (SBP) has rescheduled a 4% increase in the interest rates. It will help...
