State Bank of Pakistan

Internet & Mobile banking transactions more than double – up by 113%, with 44.2 million cards issued

The State Bank of Pakistan (SBP) has announced that Internet & mobile banking transactions more than doubled in Q2FY21...

in News
Mar 19 · >

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 · >

A complete guide to opening a Roshan Digital Bank Account

The State Bank of Pakistan recently announced a new banking solution for Non-Resident Pakistanis called the Roshan Digital Account....

Jan 10 · >

SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country

In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State...

in News
Dec 22 · >

State Bank of Pakistan finally grants SadaPay approval to begin pilot operations in 2021

The State Bank of Pakistan has granted permission to fintech startup SadaPay to begin pilot operations next year. The...

Dec 16 · >

Workers’ remittances remain above $2 billion for the sixth consecutive month: SBP

Workers’ remittances have continued their steady (and impressive) momentum by remaining above the $2 billion mark for a record...

in News
Dec 11 · >

Mobile banking grows rapidly due to COVID-19

The State Bank of Pakistan released a report this week on the Payments Systems Review for July-September. The report,...

in News
Dec 9 · >

State Bank issues regulatory framework to facilitate e-Commerce exports from Pakistan

According to a press release issued by the State Bank of Pakistan (SBP), the bank has issued a regulatory...

in News
Dec 3 · >

Foreign investors withdraw $471.7M from Pakistan’s debt market after SBP slashes policy rates

In the last five months, foreign investors have withdrawn $471.7 million from Pakistan’s debt market owing to reduced policy...

in News
Nov 30 · >

SBP reserves increase by nearly $500m in a single week, cross the $13b mark

According to data released by the State Bank of Pakistan (SBP) yesterday, the foreign exchange reserves held by the...

in News
Nov 27 · >

SBP’s liquid foreign exchange reserves reach $12.93 billion – highest since Feb 2018

The liquid foreign exchange reserves currently held by the country have increased by 5.62 percent over the previous month...

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Nov 20 · >

SBP allows IT exporters to keep a major piece of their Foreign Exchange Earnings

To encourage IT exporters, the State Bank of Pakistan (SBP) has relaxed up the requirements of keeping up foreign...

in News
Oct 23 · >

National Financial Literacy Program for Youth (NFLP-Y) is launching its eLearning Portal

State Bank of Pakistan in collaboration with National Institute of Banking & Finance (NIBAF) is implementing National Financial Literacy...

in News
Apr 6 · >