The workers’ remittances received by Pakistan hit an all-time high of $2.8 billion in March, extending support to foreign exchange reserves and the rupee against...
The State Bank of Pakistan (SBP) received an overwhelming response for digital bank licences, as 20 applications were received from a diverse range of applicants...
Meta is collaborating with the National Institute of Banking and Finance (NIBAF), a subsidiary of the State Bank of Pakistan (SBP) to train and up-skill...
Credit rating firm Moody’s said that Islamic finance sector, an integral part of Pakistan’s National Financial Inclusion Strategy (NFIS), will continue growing in 2022. In...
The forex exchange reserves of Pakistan dropped for the third straight week by $350.9 million (-1.51 percent) on a week-on-week basis to stand at $22.87...
In a move towards digitalisation of financial products and services and to accelerate the digitisation of retail payments, the State Bank of Pakistan (SBP) has...
Pakistan’s forex reserves dropped for the second straight week by $260 million (-1.11 percent) on a week-on-week basis to stand at $23.23 billion. According to...
KARACHI: Remittances from overseas workers declined by 14.9 percent on a month-on-month (MoM) basis in January 2022, amounting to $2.14 billion. The State Bank of...
KARACHI: The State Bank of Pakistan (SBP) has slapped a monetary penalty of Rs57.834 million on five major banks for violating regulatory instructions regarding general...
ISLAMABAD: The government has revised the profit rates on National Savings Schemes (NSS) certificates with effect from February 4, 2022. According to the notification issued...