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Tag: State Bank of Pakistan (SBP)

Mera Pakistan Mera Ghar: Banks approve Rs180bn loans

KARACHI: Banks have approved Rs180 billion worth of loans under Mera Pakistan Mera Ghar Scheme and disbursed Rs66 billion for affordable housing, the State...

Overseas Pakistanis send home $2.2 bn in Feb

KARACHI: Remittances sent home by Overseas Pakistanis in February 2022 increased by 2 per cent compared to Jan 2022, according to data shared by...

‘Good news’: SBP gets $3 billion from Saudi Arabia

KARACHI: The State Bank of Pakistan (SBP) received on Saturday $3 billion from Saudi Arabia under a support package signed between Pakistan and the...

SBP denies ‘fake news’ regarding cyber attack on nine banks

KARACHI: The State Bank of Pakistan (SBP) Monday denied reports of cyber security attacks on nine banks of the country and said that no...

Workers’ remittances grow 27pc in August

KARACHI: Workers' remittances maintained their strong momentum for the fifteen consecutive month in August as Pakistanis working abroad sent home $2.66 billion last month. The...

SBP reserves hit historic high of $20.14bn

KARACHI: The State Bank of Pakistan's (SBP) foreign exchange reserves increased by $2.56 billion on a weekly basis, hitting an all-time high of $20.145bn. The...

SBP reserves dip $47m on account of debt repayments

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves decreased by $47 million on a weekly basis, data released by the central bank...

SBP set to launch Roshan Apna Ghar scheme for overseas Pakistanis

KARACHI: The State Bank of Pakistan (SBP) will be launching this week a housing scheme named Roshan Apna Ghar for overseas Pakistanis. The central bank...

Current account balance posts $773m deficit in July

KARACHI: Pakistan's current account balance (CAB) posted a deficit of $773 million in the first month of the current fiscal year, the State Bank...

SBP reserves rise to $17.62bn

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves saw an increase of $3 million on a weekly basis, data released by the...

NAB seeks details of bank accounts of Sindh Police officers

NAB Karachi has asked the central bank to provide details of the bank accounts of 150 SHOs and other Sindh police officers, sources said.

Expats deposit record $11.2m in Roshan account in a single day

Total inward remittances into RDA have reached $154.6 million

‘More good news’: PM tweets after SBP releases data on workers’ remittances

They rose to $2.34 billion in November

Monetary policy: SBP leaves interest rate unchanged at 7%

The bank stated that sales of Fast Moving Consumer Goods (FMCGs) rebounded in FY21 Q1 and average sales volumes of POL and automobiles have surpassed pre-Covid levels of FY20, and cement sales are at all-time high.

SBP rakes in Rs1.163 trillion profit in FY20

The central bank released its Annual Performance Review for the fiscal year 2019/20

SBP reserves increase by $55 million to over $12 billion

The reserves held by the SBP recorded a 0.45pc increase on a weekly basis

SBP reserves decline by US$119 million after external debt repayments

The total liquid foreign reserves held by the country stood at US$ 19,903.7 million on 18-September-2020.

SBP extends time for settlement of foreign currency loans

The banks can now allow extension of upto 180 days to exporters in settlement of their FE-25 loans.

SBP reserves go down due to ‘govt external debt repayments’

Overall reserves in the country stood at US$ 19,518.3 million.

Pakistan’s foreign reserves jump by US$567 million, announces SBP  

The SBP said that the overall foreign reserves stood at US$ 19,562.9 million in the country.
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