SBP
New Law Lets SBP Build Central Hub for Bank Account Data
The State Bank of Pakistan (SBP) has been empowered to build and operate a centralised virtual data repository that will consolidate banking records and financial…
SBP Spends Rs. 29.6 Billion on Currency Note Printing in FY26
The State Bank of Pakistan (SBP) spent Rs. 29.6 billion on printing currency notes during fiscal year 2025-26, an increase from Rs. 27.8 billion recorded…
Pakistan Supercharges Export Financing with PKR 1,500B Boost & New Digital Portal
Recently, the Government of Pakistan took a major step to accelerate export-led economic growth. The government introduced significant measures to expand access to affordable short-term…
SBP Likely to Keep Interest Rate at 11.5%
The State Bank of Pakistan (SBP) is expected to maintain its policy rate at 11.5% at its upcoming Monetary Policy Committee (MPC) meeting on September…
Balochistan Cuts Sales Tax to Three Percent for IT and Service Exporters
The Balochistan Revenue Authority (BRA) has fixed a reduced sales tax rate of three percent for exporters of IT and other services who operate from…
Punjab Borrowing Jumps 145% to Rs. 753 Billion in FY27
Punjab’s borrowing from banks for budgetary support surged by 145% to Rs. 753.4 billion during the first seven weeks of the current fiscal year, highlighting…
SBP Dollar Purchases Fall to 16-Month Low at $154 Million
The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May, with purchases falling to $154 million,…
SBP Invites Public to Share Views on Jobs and Inflation
The State Bank of Pakistan (SBP) has invited members of the public to participate in its Employment Conditions and Inflation Expectations Survey for September 2026,…
SBP Foreign Exchange Reserves Rise by $17 Million
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $17 million during the week ended August 20, 2026, according to…
Madrassas Set to Join Formal Banking System After Landmark Agreement
Religious leaders, the State Bank of Pakistan (SBP) and financial institutions have agreed on a plan to resolve the long-standing issue of bank accounts for…
Exporters With Higher Growth to Get 2% Rebate
The State Bank of Pakistan (SBP) has introduced a performance-based rebate of up to 2% for exporters who increase their exports compared with the previous…
Rs10 Note to Disappear: SBP Confirms Coin Replacement
The State Bank of Pakistan (SBP) has formally requested the discontinuation of the Rs10 currency note, with the denomination set to be replaced by a…
SBP Urges Banks to Boost Retail Deposits and Private Sector Lending
State Bank of Pakistan (SBP) Governor Jameel Ahmed has urged banks to strengthen retail deposit mobilization and increase lending to the private sector, saying the…
