PBA and SBP Collaborate on Electronic Warehouse Receipt Financing (EWR) Initiatives
The State Bank of Pakistan (SBP) recently engaged with the PBA Agriculture Subcommittee to discuss Electronic Warehouse Receipt Financing (EWR).…
Federal Reserve Bank of New York Delegation Engages with PBA on Pakistan’s Banking Sector
A high-level delegation from the Federal Reserve Bank of New York convened at the PBA Office on April 27, 2023.…
PBA Collaborates with Avanza Group to Launch Pakistan’s First Blockchain-Based eKYC Platform
On March 02, 2023, the Pakistan Banks’ Association (PBA) marked a significant milestone by signing a project contract with the…
PBA Sets Revised Climate Smart Agriculture Financing Targets in Collaboration with SBP
The Pakistan Banks’ Association (PBA) is spearheading the implementation of Climate Smart Agriculture Financing (CSAF) across the banking sector, focusing…
China Economy Rebounds After Pandemic Measures Lifted
The key measure of economic activity was driven up by a boost in household spending and rising factory activity. Beijing…
ECB and SRB Welcome European Commission’s Legislative Proposals for Bank Crisis Management and Deposit Insurance Framework
The European Central Bank (ECB) and the Single Resolution Board (SRB) welcome the European Commission’s proposed legislative changes to the…
Mortgage Demand from Homebuyers in USA Drops 10 percent as Interest Rates Jump
Now a day’s homebuyers appear to be increasingly sensitive to weekly moves in mortgage rates. While home prices are easing…
Inflation Still ‘too high,’ Fed will Act to Lower it
Federal Reserve Bank of New York President John Williams said that inflation is still at problematic levels and the US…
The Last Date for Encashment of Withdrawn Prize Bonds Extended
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs7500, 15,000, 25,000…
Over $12 billion Textile Products Exported during July-March FY23
Textile exports reached $12,476.5 million during the first nine months of the current fiscal year (2022-23), the Pakistan Bureau of…