Bank Accounts
Punjab Transfers Rs22 Billion to Workers After Opening 1.2 Million Bank Accounts
The provincial government of Punjab has transferred Rs22 billion directly into bank accounts of 1.2 million registered workers across the province under the Ration Card…
SBP Unveils New Framework to Ease Bank Account Opening
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
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…
