SBP Grants In-Principle Approval for Bank Alfalah’s Bangladesh Operations Sale
Bank Alfalah Limited (BAFL) has received in-principle approval from the State Bank of Pakistan (SBP) to facilitate Bank Asia Limited…
SBP Foreign Reserves Stabilize Above $9 Billion Amid Modest Increase
The State Bank of Pakistan (SBP) reported a $15 million increase in foreign exchange reserves for the week ending May…
SBP Releases Optimistic Half-Year Report on Pakistan’s Economy
The State Bank of Pakistan (SBP), presented a cautiously optimistic outlook on the country’s economic state in its half-year report…
Pakistan Govt. Borrowing Soars Past Rs. 5.7 Trillion in 10 Months
Pakistan’s federal government has significantly ramped up borrowing from banks, exceeding Rs. 5.7 trillion in the first 10 months of…
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…