Banks and Stock Exchange to Close on May 1st for Labour Day
The State Bank of Pakistan (SBP) has declared that it will be closed on Wednesday, 1st May 2024, in observance…
Pakistan’s Central Bank Maintains Interest Rate at 22% Amid Inflation Concerns
Pakistan’s central bank, the Monetary Policy Committee (MPC), opted to hold its key interest rate steady at 22% today. This…
Governor SBP Highlights Economic Recovery at ICMA Pakistan Convocation
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, addressed the Members Convocation of ICMA Pakistan at a local hotel…
SBP to Announce Key Monetary Policy Decision on Monday
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to convene next week on Monday…
Bank of Punjab Strengthens Portfolio with SECP Registration of New Exchange Company
The Bank of Punjab (PSX: BOP) scored a significant win with the official registration of its new exchange company by…
Rate Cut or Hold? Analysts Divided on Next SBP Move
Market watchers are split on the State Bank of Pakistan’s (SBP) next move, with a survey by Topline Securities revealing…
SBP Cracks Whip: Fines Eight Banks, Exchange Company Rs 750 Million for Compliance Failures
The State Bank of Pakistan (SBP) sent a strong message to financial institutions with hefty fines totaling Rs. 747.57 million…
Governor SBP Highlights Improved Macroeconomic Outlook to International Investors
Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, engaged with key international investors during events hosted by…
Pakistan’s Foreign Exchange Reserves See Slight Increase with SBP Holdings Up $19 Million
Pakistan’s foreign exchange reserves witnessed a minor increase this week, with the State Bank of Pakistan (SBP) holdings edging up…