State Bank of Pakistan (SBP)
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…
PTA Seeks Stakeholder Input on VPN Registration
Islamabad (21st November 2024): PTA hosted a stakeholder consultation on VPN registration, with key participants including the CEOs of PSEB, PASHA, and PAFLA, along with…
Only 26% of Women Entrepreneurs in Pakistan Have Bank Accounts, Says SBP Governor
At the Women Entrepreneurship Day (WED) event on Tuesday (November 19), Jameel Ahmad, governor of the State Bank of Pakistan (SBP), pointed out that women…
Roshan Digital Accounts See Inflows Exceeding $9 Billion
The Roshan Digital Accounts (RDA) initiative has achieved a significant milestone by surpassing the $9 billion cumulative inflows mark as of November 7, 2024. Since…
Silkbank Receives Board Approval for Merger with UBL
On November 6, 2024, the board of directors of Silkbank Limited (PSX: SILK) granted in-principle approval for a potential merger with United Bank Limited (PSX:…
Important Update on Profit Rates for Savings Schemes
On Friday, the government stated that from November 4th, 2024, profit rates on National Savings Schemes (NSS) will be reduced. The government has announced a…
