State Bank of Pakistan
Mobile banking grows rapidly due to COVID-19
2 min read
The State Bank of Pakistan released a report this week on the Payments Systems Review for July-September. The report, which analyzes the breakdown of payment…
State Bank issues regulatory framework to facilitate e-Commerce exports from Pakistan
2 min read
According to a press release issued by the State Bank of Pakistan (SBP), the bank has issued a regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce…
Foreign investors withdraw $471.7M from Pakistan’s debt market after SBP slashes policy rates
2 min read
In the last five months, foreign investors have withdrawn $471.7 million from Pakistan’s debt market owing to reduced policy rates introduced by the State Bank…
SBP reserves increase by nearly $500m in a single week, cross the $13b mark
2 min read
According to data released by the State Bank of Pakistan (SBP) yesterday, the foreign exchange reserves held by the central bank rose by 3.74% on…
SBP’s liquid foreign exchange reserves reach $12.93 billion – highest since Feb 2018
2 min read
The liquid foreign exchange reserves currently held by the country have increased by 5.62 percent over the previous month according to the stats issued by…
SBP allows IT exporters to keep a major piece of their Foreign Exchange Earnings
2 min read
To encourage IT exporters, the State Bank of Pakistan (SBP) has relaxed up the requirements of keeping up foreign exchange permitting them to hold up…
National Financial Literacy Program for Youth (NFLP-Y) is launching its eLearning Portal
2 min read
State Bank of Pakistan in collaboration with National Institute of Banking & Finance (NIBAF) is implementing National Financial Literacy Program for Youth (NFLP-Y) to impart…
Up For Debate – Is the State Bank’s ban on cryptocurrencies justified?
3 min read
Previously in the Up For Debate series, we discussed whether incubators in Pakistan are effective for the growth of startups or not. With Facebook placing…
State Bank promises issuance of digital currency by 2025
3 min read
The State Bank of Pakistan has promised the issuance of digital currency by 2025. The Finance Minister Asad Umar on this matter asked the central…
Govt announces new regulations for cryptocurrencies
2 min read
In order to regulate digital currencies, the federal government has introduced new Electronic Money Institutions (EMIs) regulations. Asad Umar, The Finance Minister of Pakistan in…
State Bank Governor says only private sector can achieve greater growth
2 min read
Governor State Bank of Pakistan (SBP) Ashraf Mahmood Wathra has said that only the private sector can achieve a higher growth rate in the medium…
State Bank will issue commemorative coin in honor of Abdul Sattar Edhi
2 min read
On July 8, Pakistan’s lost its most prominent social activist and philanthropist, Abdul Sattar Edhi. Today, three days after the passing away of Edhi, the…
State Bank releases a new app to detect fake currency notes
2 min read
The State Bank of Pakistan has released an app in their efforts to put an end to currency note counterfeiting. The announcement came via an…
