Posts Tagged: State Bank of Pakistan
- 130 Views
- admin
- February 4, 2022
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
- 85 Views
- Nasir Taimori
- January 6, 2022
Housing & construction finance raised by 85 percent under Mera Pakistan Mera Ghar
Recording an unprecedented growth of 85%, the banks’ outstanding credit for housing and construction has increased by Rs163 billion, from Rs192 billion to Rs355 billion, during 2021. Within the housing and construction portfolio, disbursements under
- 121 Views
- Nasir Taimori
- January 3, 2022
SBP announces licensing & regulatory framework for digital banks
With the start of 2022, the State Bank of Pakistan has set the stage for the dawn of a new era for banking in Pakistan with the introduction of a Licensing and Regulatory Framework for
- 66 Views
- Nasir Taimori
- December 21, 2021
Meezan becomes first bank to launch State Bank of Pakistan’s I-SAAF Scheme for SMEs
Karachi: Meezan Bank, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for Small and Medium Enterprises (SMEs) under State Bank of Pakistan’s (SBP)
- 62 Views
- Nasir Taimori
- December 14, 2021
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
- 64 Views
- Nasir Taimori
- November 25, 2021
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
- 58 Views
- Nasir Taimori
- November 23, 2021
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
- 48 Views
- Nasir Taimori
- November 20, 2021
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
- 75 Views
- Nasir Taimori
- November 13, 2021
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
- 65 Views
- Nasir Taimori
- November 12, 2021
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
- Spotify ICON Pakistan Launched to Celebrate Legacy Artists and their Timeless Music
- Emirates Supports Young Golf Hopefuls Journeys to the US for Higher Education
- Mobilink Bank partners with Mercurial Minds to accelerate financial transformation
- Mastercard and UPaisa launch a new debit card to transform the Pakistan payments landscape
- PTCL Group partners with the Pakistan Hockey team to renew and honor the national legacy