State Bank of Pakistan (SBP)

SBP foreign reserves decline by US$146 mn after successive increase

The SBP reserves decreased by US$146 million to US$ 11,975.6 million, due to government external… Read More

Pakistan foreign reserves surge by US$67 million after ‘official inflow’

The country currently has foreign reserves of US$19,047.3 million. Read More

SBP imposes collective fine of Rs1.68 billion on 15 banks

They were imposed fines over a failure to record customers' data and violating foreign exchange… Read More

Pakistan’s foreign reserves decline by US$1,712 mn: SBP

According to the central Bank’s statistics, the total liquid foreign reserves held by the country… Read More

SBP report highlights coronavirus impact on Pakistan’s economy

The current situation will also affect the economic growth rate and budget of the country. Read More

SBP foreign reserves go down by US$141 mn

The total liquid foreign reserves held by the country stood at US$ 18,618.3 million on… Read More

SBP shows increase in remittances during FY 2019-20

The remittances during April 2020 increased by US$ 19.8 million or 1.1 percent, shows the… Read More

SBP foreign reserves increase by $259 million

The total liquid foreign reserves of the country stood at US$ 18,755.1 million on 30… Read More

SBP introduces new refinance scheme to avoid layoff of workers

The core objective of the facility is to incentivize businesses to not lay off their… Read More

SBP announces ease in financing for health sector amid coronavirus outbreak

The move from the State BanK of Pakistan (SBP) was aimed at supporting hospitals, which… Read More

Coronavirus: SBP announces relief for exporters under EFS, LTFF

State Bank of Pakistan (SBP) announced relief for exporters under the export finance scheme and… Read More

Foreign Investment jumps 512 percent during 2019-20: SBP

The total foreign investments in the country stood at US$3.98 billion during the eight months… Read More

Decline in global growth to affect Pakistan amid coronavirus outbreak: SBP official

The negative impact of the coronavirus on global growth will only remain for the next… Read More

SBP to bear service charges on tax collection via Alternative Delivery Channels

ADC is an e-Payment facility established by the SBP in collaboration with the FBR and… Read More

Monetary Policy: State Bank announces 100 basis points hike in interest rate

Governor Dr Reza Baqir in a press conference here today unveiling the monetary policy for… Read More

State Bank enhances 150 basis points in interest rate in new monetary policy

Prior to the announcement, the Monetary Policy Committee (MPC) chaired by Governor SBP Reza Baqir… Read More

Central bank to announce its bi-monthly Monetary Policy today

KARACHI: The State Bank of Pakistan (SBP) would announce its decision with regard to its… Read More

Pakistan receives $1 billion from Saudi Arabia

Pakistan has to pay three percent mark up for three billion dollars annually Read More

State Bank receives another US$ one bln Saudi tranche

KARACHI: Pakistan's central bank has received another installment of one billion dollars from Saudi Arabia's… Read More

Banks will not charge for SMS alerts from January 2019

ISLAMABAD: From January 1, 2019, every single commercial banks and mobile financial service providers (like… Read More