Saudi Arabia rolls over $3 bln safe deposit to Pakistan
- 05-Dec-2024
ISLAMABAD: Saudi Arabia has decided to extend the term of its $3 billion safe deposit in assistance to Pakistan, ARY News reported on Thursday, citing the State Bank of Pakistan. According to the statement issued by SBP, Saudi Arabia has extended its term of $3 billion placed with Pakistan for another year. “The Saudi Fund […]
EXPLAINER: SBP hammers out ways to narrow gender diversity in finance
- 27-Sep-2021
State Bank of Pakistan has recently kicked into effect a policy named ‘Banking on Equality’ that sets some targets towards narrowing gender inequality in the finance sector. It is aimed at diminishing the yawning gap between what bears semblance of civilization, where men and women don’t anymore quibble over basic and established human rights debate […]
‘Foreign exchange reserves reach new historic high of $24.5 billion’
- 14-Oct-2016
ISLAMABAD: The foreign exchange reserves of the country have reached the new historic high of $24.5 billion, Finance Minister Ishaq Dar announced on Friday.