SBP

Pakistan records current account surplus of $881 million against a deficit of $2,741 million last year

“During Jul-Feb FY21, the current account remained in a surplus of $881 million, against a deficit of $2,741 million...

Mar 22 · >

Foreign direct investment to Pakistan down by 30% in eight months

The net inflow of foreign direct investment (FDI) declined 30 percent during the first eight months (July–February) of the...

Mar 18 · >

SBP permanently removes charges for Internet and mobile banking services

The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for...

in News
Mar 11 · >

SBP foreign reserves surge by $70mn to almost $13bn

The foreign exchange reserves held by the central bank rose 0.54% on a weekly basis, according to data released...

in News
Mar 5 · >

Pakistan’s foreign direct investment drops by 27pc

Foreign Direct Investment (FDI) declined by 27.4 percent during the July-Jan 2021 period of the current fiscal year. According...

Feb 22 · >

SBP orders banks to enable fully interoperable digital payment options

The State Bank of Pakistan (SBP) has issued directives to further facilitate customer repayment options on Alternate Delivery Channels...

in News
Feb 22 · >

Despite COVID-19, Pakistan economy moving in the right direction: PM Imran Khan

Prime Minister Imran Khan believes that despite the massive burden of debt and the challenges posed by the global...

in News
Feb 18 · >

Bank deposits increase by 16.5% in one year: SBP

Total deposits in the nation’s banks grew by 16.5% over the past year to Rs17.08 trillion in January 2021,...

in News
Feb 12 · >

Roshan digital accounts bring in $400m in four months

In a development that is sure to boost the nation’s confidence in the central bank initiative launched by Prime...

in News
Feb 3 · >

SBP foreign exchange reserves plummet by $386m over a single week

Foreign exchange reserves held by the State Bank of Pakistan (SBP) have taken a considerable hit. According to data...

in News
Jan 22 · >

Pakistan’s public debt shoots up to Rs3.7 trillion in a year: SBP

With the government under pressure to reduce its reliance on short-term debt to minimize refinancing risks, it has been...

in News
Jan 19 · >

Pakistan’s first instant payment system developed by SBP launched by PM today

In a launch ceremony that kicked off at 4:30 PM today, Prime Minister Imran Khan officially launched Raast, the...

in News
Jan 11 · >

Pakistan’s economy is coming back on track: SBP

According to a report issued by the State Bank of Pakistan (SBP), Pakistan’s economy started to regain its pre-COVID...

in News
Jan 6 · >