SBP Allows Banks to Increase Directors’ Board Meeting Fees by Up to 50 Percent
The State Bank of Pakistan has revised corporate governance rules, allowing commercial banks to raise board meeting fees by up to 50 percent, with higher caps linked to asset size and profitability.
SBP Revises Maximum Remuneration Limits for Bank and DFI Directors
The State Bank of Pakistan has revised maximum remuneration limits for directors attending board and committee meetings of banks and DFIs, updating its Corporate Governance Regulatory Framework to strengthen transparency and oversight.
SBP Ends Export Development Surcharge Collection After Federal Exemption
The State Bank of Pakistan has halted the collection of the Export Development Surcharge after the government exempted all exported goods, offering relief to exporters and reducing transactional costs.
SBP Sets 3% Remuneration Rate on Special Cash Reserve Account for November 2025
The State Bank of Pakistan has reduced the remuneration rate on the Special Cash Reserve Account to 3% for November 2025, aligning it with global benchmarks under its updated SOFR-linked mechanism.
SBP Updates Governance Rules, Permits Bank Board Members to Serve on Subsidiary Exchange Company Boards
The State Bank of Pakistan has amended its Corporate Governance Regulatory Framework to permit bank board members to also serve on the boards of their wholly-owned exchange companies, strengthening oversight and institutional alignment.
SBP Updates Governance Rules to Allow Bank Leadership on Boards of Wholly-Owned Exchange Companies
The State Bank of Pakistan has revised its Corporate Governance Regulatory Framework, permitting bank presidents, CEOs, and directors to serve on the boards of exchange companies wholly owned by their respective banks, while maintaining existing restrictions for other financial entities.
SBP Declares Nationwide Bank Holiday on 12th Rabi-ul-Awwal 2025
The State Bank of Pakistan has announced a nationwide bank holiday on September 6, 2025, in observance of 12th Rabi-ul-Awwal, with all commercial banks, DFIs, and microfinance banks to remain closed.
State Bank of Pakistan Rolls Out Recovery Planning Framework to Strengthen Banking Sector Resilience
SBP introduces a regulatory framework on recovery planning to ensure banks in Pakistan are prepared for financial distress, aligning practices with global standards and reinforcing banking sector resilience.
UBL Named Top Primary Dealer by SBP for FY25, Retains Role for FY26
United Bank Limited has been recognized as Pakistan’s top performing Primary Dealer for fiscal year 2024-25 by the State Bank of Pakistan, highlighting UBL’s leadership in government debt market operations and reinforcing its pivotal role in the country’s financial infrastructure.
SBP to Shift Government Securities Auctions and OMOs to PRISM+ Platform Starting Next Month
The State Bank of Pakistan will conduct all future government securities auctions, buybacks, and OMOs through the PRISM+ platform starting next month, aiming to modernize and streamline market operations.