SBP
SBP Foreign Exchange Reserves Rise to $14.34 Billion
The State Bank of Pakistan (SBP) reported a modest rise in its foreign exchange reserves, which increased by $34 million to reach $14.34 billion as…
Senators Flag SBP Clause Allowing Officials to Set Own Salaries
Senators have raised concerns over a State Bank of Pakistan (SBP) clause that enables its top officials to set their own salaries and benefits without…
SBP Tightens Rules, Banks Must Compensate Losses in 2 Days
The State Bank of Pakistan (SBP) has ordered commercial banks and financial institutions to reimburse customers for any financial loss resulting from a data breach…
Pakistan Public Debt Skyrockets as Govt Borrows Rs25.4bn Every Day
Pakistan public debt has soared to an unprecedented Rs80.5 trillion by the end of June, with an alarming daily addition of Rs25.4 billion, breaching statutory…
Pakistan Begins Work on Central Bank Digital Currency
Pakistan has officially started working on a Central Bank Digital Currency (CBDC), marking its entry into the global digital finance movement that is redefining how…
SBP Directs Banks to Equip 25% Branches with CDMs by 2028
The State Bank of Pakistan (SBP) has ordered all banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch network…
SBP Reserves Increase by $28 Million, Hit $14.30 Billion
Pakistan’s foreign exchange reserves witnessed a slight improvement this week, as the State Bank of Pakistan (SBP) reserves increased by $28 million, reaching $14.30 billion…
SBP to Legalize Digital Currencies Under New Bill 2025
The State Bank of Pakistan (SBP) has agreed in principle to declare digital currencies legal in the country. However, a proper regulatory framework is still…
Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity
Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…
SBP Launches PESIA for Monitoring Overseas Equity Investments
The State Bank of Pakistan (SBP) has rolled out the Performance Evaluation System for Investment Abroad (PESIA), a new online framework aimed at improving transparency…
SBP Issues 2025 List of Domestic Systemically Important Banks
The State Bank of Pakistan (SBP) announced its list of Systemic Banks Pakistan for 2025 after reviewing bank data as of December 31, 2024. The…
SECP, SBP Salary Powers Curtailed After Rs41m Pay Row
The Senate Standing Committee on Finance has moved to remove the legal authority of the State Bank of Pakistan (SBP) board and the Securities and…
SBP Cryptocurrency Ban Blocks Move to Legalize Digital Assets
The SBP cryptocurrency ban has prevented immediate legalization of digital assets, as the central bank warned that approval without regulation could create major risks. The…
