Bank Accounts

Sbp Unveils New Framework To Ease Bank Account Opening

SBP Unveils New Framework to Ease Bank Account Opening

By Abdul Wasay ⏐ 4 months ago ⏐

2 min read

In an effort to streamline the process of bank account opening, the State Bank of Pakistan (SBP) has released new regulations for customer onboarding. Standardization…

State Bank Removes Profit Rate Floors For Certain Deposit Accounts

State Bank Removes Profit Rate Floors for Certain Deposit Accounts

By Huma Ishfaq ⏐ 1 year ago ⏐

2 min read

Today, the State Bank of Pakistan (SBP) announced that deposits held by financial institutions, public sector organizations, and public limited companies will not be subject…