Posts Tagged: SBP
Start-ups launch diverse, high-impact solutions at NICL, LUMS
Start-ups launch diverse, high-impact solutions at NICL, LUMS Karachi, At the culmination of its eighth cohort, the National Incubation Center Lahore (NICL) at LUMS held its flagship Investor Summit, bringing together seasoned investors, inspiring entrepreneurs,
Mobilink Microfinance Bank becomes first Microfinance Institution to secure EFP Membership
Mobilink Microfinance Bank becomes first Microfinance Institution to secure EFP Membership Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has become the first microfinance institution to secure membership of the Employers Federation of Pakistan
MMBL celebrates a milestone year under Women Inspirational Network (WIN)
Women make up almost half of Pakistan’s total population, but their contribution to measured economic activity is far below its potential due to limited access to quality and affordable financial services. Women’s financial inclusion has
Bank Alfalah delivers solid performance; PAT up by 36% and Equity crosses PKR 100 Billion
Bank Alfalah delivers solid performance; PAT up by 36% and Equity crosses PKR 100 Billion KARACHI: Bank Alfalah Limited (BAFL) announced its financial result for the year ended December 31, 2021, where the Bank posted
SBP Raises Policy Rate by 100 Basis Points to 9.75 Percent
At today’s meeting, the Monetary Policy Committee (MPC) decided to raise the policy rate by 100 basis points to 9.75 percent. The goal of this decision is to counter inflationary pressures and ensure that growth
PM inaugurates Sohni Dharti Remittance Program to promote remittances through formal channels
Prime Minister of Pakistan, Mr. Imran Khan, inaugurated the Sohni Dharti Remittance Program (SDRP) offered jointly by the State Bank of Pakistan, Ministry of Finance and financial institutions today at the Prime Minister House in
SBP strengthens Corporate Governance Regulatory Framework for Banks and DFIs
The State Bank of Pakistan (SBP) today issued the revised ‘Corporate Governance Regulatory Framework’ with the objective to further strengthen the corporate governance regime of banks and DFIs and to align the same with international
SBP Hikes Policy Rates By 1.5%
Monetary Policy Committee (MPC) decided to raise the policy rate by 150 basis points to 8.75 percent. This reflected the MPC’s view that since the last meeting, risks related to inflation and the balance of
SBP raises Banks’ Cash Reserve Requirement from 5 percent to 6 percent
Karachi: State Bank of Pakistan (SBP) raises Banks’ Cash Reserve Requirement from 5 percent to 6 percent to contain monetary expansion and moderate domestic demand. SBP has decided to increase the average Cash Reserve Requirement
Governor SBP meets with heads of Saudi Saudi Central Bank and Bank Indonesia
Governor Sate Bank of Pakistan (SBP), Dr. Reza Baqir, met the Governors of Saudi Central Bank (SCB) and Bank Indonesia (BI) today on the side lines of the 15th Islamic Finance Services Board (IFSB) Summit