Prime Minister Imran Khan while taking notice of difficulties facing the applicants, instructed the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to facilitate those applying for low-cost housing loan under Naya Pakistan Housing Programme.
The State Bank of Pakistan (SBP) said that following the difficult but necessary stabilisation efforts during the first nine months of the fiscal year 2019-20, the country’s economy was well on course for a steady recovery
The State Bank of Pakistan (SBP) has announced its bi-monthly monetary policy on Friday and decided to maintain its policy rate at 7 per cent, according to a statement issued by the bank.
The State Bank of Pakistan (SBP) released its first quarterly report on the state of Pakistan’s economy for the fiscal year of 2020 that stated progressive move as macroeconomic stabilisation process boosted with the initiation
State Bank of Pakistan (SBP) allowed importer to advance payment and open account without any limit for the import of medical equipments, medicines and other ancillary items for the treatment of COVID-19.
Banking sector in Pakistan gets a new boost as one of the leading credit rating agencies in the world, Moody’s Investors Service, has announced a stable outlook for the Pakistani banking system for the next 12 to 18 months in a new report released on Thursday.
Financial experts have welcomed the State Bank of Pakistan’s (SBP) decision to slash interest rate. SBP on Thursday cut its key interest rate by two per cent. The new rate has come down from 11 per cent to 9 per cent.
Pakistan has imported $6.2 billion worth of goods against the imports of $5.1 billion last year from the United Arab Emirates, showing an increase of 3.72 per cent.
Overall, record high inflows of workers’ remittances during FY21 have been driven by proactive policy measures by the government and SBP to encourage the use of official channels, restrictions cross-border travel, altruistic transfers to Pakistan amid the pandemic...