Getting its own CBDC (Central Bank Digital Currency) would give Pakistan a number of benefits including easier digital payment,...
The State Bank of Pakistan remains firm in its decision to prohibit cryptocurrency exchange in Pakistan. Despite the increasing...
“Exporters would be allowed to use their retained funds for legitimate business payments or expenses abroad,” said the State...
Pakistan registers itself in the list of countries trying to achieve CBDC (central bank digital currency) after India, China...
The State Bank of Pakistan (SBP) has issued a notice to all banks ordering them to increase their utilization...
Women make up almost half of Pakistan’s total population, but their contribution to measured economic activity is far below...
State Bank of Pakistan has issued instructions that will enable Person-to-Person (P2P) fund transfers in the country through Raast,...
SBP issued “Licensing and Regulatory Framework for Digital Banks” on January 03, 2022. To create awareness of this important...
Telecard Limited’s 100% owned subsidiary, Supernet Limited (“Supernet”), is pleased to announce that it has been awarded a contract...
E-banking transactions in Pakistan are undeniably on the rise, as exhibited by the State Bank of Pakistan’s Quarterly Payment...
According to Governor State Bank of Pakistan (SBP) Dr. Reza Baqir during a webinar, various commercial banks have extended...
The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt,...
The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for...
The foreign exchange reserves held by the central bank rose 0.54% on a weekly basis, according to data released...
The State Bank of Pakistan (SBP) has issued directives to further facilitate customer repayment options on Alternate Delivery Channels...
Total deposits in the nation’s banks grew by 16.5% over the past year to Rs17.08 trillion in January 2021,...
Foreign exchange reserves held by the State Bank of Pakistan (SBP) have taken a considerable hit. According to data...
With the government under pressure to reduce its reliance on short-term debt to minimize refinancing risks, it has been...
In a launch ceremony that kicked off at 4:30 PM today, Prime Minister Imran Khan officially launched Raast, the...
According to a report issued by the State Bank of Pakistan (SBP), Pakistan’s economy started to regain its pre-COVID...
The State Bank of Pakistan (SBP) is considering the option to allow people to open accounts at banks with...
In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State...
Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan...
Foreign Direct Investment (FDI) to Pakistan has dropped to $717.1 million during the first five months of the fiscal...