State Bank of Pakistan and Ministry of Foreign Affairs Jointly Conduct Training Program for ASEAN Member States
National Institute of Banking and Finance (NIBAF), a subsidiary of State Bank of Pakistan, in collaboration with Ministry of Foreign…
Government Procures 4.902 MMT Wheat So Far
The government has so far procured over 4.902 million metric tons (MMT) of wheat under the grain-procurement campaign for the…
Cancellation of Authorization /License issued to M/s Noble Exchange International (Pvt.) Limited
The State Bank of Pakistan (SBP) on May 17, 2023 has cancelled the authorization/license of M/s Noble Exchange International (Pvt.)…
SECP Amends NBFC Regulations to Adapt to New Technologies
The Securities and Exchange Commission of Pakistan (SECP) has revised the Non-Banking Finance Companies (NBFCs) and Notified Entities Regulations, 2008,…
CPEC Created Over 155,000 Local Jobs in Pakistan
The China-Pakistan Economic Corridor (CPEC), which is marking its 10th anniversary this year, has played an important role in bilateral…
PM, Iranian President Jointly Open Mand-Pishin Border Market
Prime Minister Shehbaz Sharif and Iran’s President Seyed Ebrahim Raisi on May 18, 2023 jointly inaugurated the Mand-Pishin border sustenance…
State Bank Enhances Control Measures Requirements to Protect Customers from Digital Banking Frauds
In a major policy directive for combating the menace of social engineering and other digital banking frauds, State Bank of…
SECP Forms Special Committee for Companies Act 2017 Amendments, Seeks PBA’s Feedback
The Securities and Exchange Commission of Pakistan (SECP) has established a Special Committee to propose amendments to the Companies Act,…
CBUAE Imposes Administrative Sanctions on 8 Banks Operating in the UAE
The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE, pursuant to Article…
Reserve Bank of Australia, Monetary Statement
At its meeting on May 02, 2023, the Board decided to increase the cash rate target by 25 basis points…