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Articles tagged with: SBP

Overseas Pakistanis remit US $20.19 billion in the first eleven months of FY19

June 14, 2019 – 10:40 am | Comments Off on Overseas Pakistanis remit US $20.19 billion in the first eleven months of FY19

Karachi, June 14, 2019 (PPI-OT): Overseas Pakistani workers remitted US $20190.98 million in the first Eleven months (July to May) of FY19, showing a growth of 10.42% compared with US $18285.90 million received during the same period in the preceding…

Fresh currency note issuance on Eid-ul-Fitr 2019

June 3, 2019 – 3:27 pm | Comments Off on Fresh currency note issuance on Eid-ul-Fitr 2019

Karachi, June 03, 2019 (PPI-OT): The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP-Banking Services Corporation (SBP-BSC), provided fresh banknotes of various denominations aggregating to Rs. 360 billion, including Rs. 61 billion of Rs.100 and…

Interest free loans approved for meritorious students under Student Loan Scheme

June 3, 2019 – 3:27 pm | Comments Off on Interest free loans approved for meritorious students under Student Loan Scheme

Karachi, June 03, 2019 (PPI-OT):The Apex Committee for Student Loan Scheme having representation from State Bank of Pakistan, Finance Division (Government of Pakistan) and five major banks (NBP, HBL, UBL, ABL and MCB Bank) has approved Rs 51.987 million as…

Public Holidays

May 29, 2019 – 10:34 am | Comments Off on Public Holidays

Karachi, May 29, 2019 (PPI-OT): The State Bank of Pakistan will remain closed from 4th June to 7th June, 2019 (Tuesday, Wednesday, Thursday and Friday) on the occasion of Eid-ul-Fitr. For more information, contact: Chief Spokesman, State Bank of Pakistan…

State Bank’s fresh currency notes service 8877 receives overwhelming public response

May 29, 2019 – 10:34 am | Comments Off on State Bank’s fresh currency notes service 8877 receives overwhelming public response

Karachi, May 29, 2019 (PPI-OT): The SMS service launched by State Bank of Pakistan for issuance of fresh currency notes for Eid-ul-Fitr 2019 attracts a huge response. State Bank of Pakistan (SBP) appreciates the interest shown by the general public…

Monetary Policy Statement

May 20, 2019 – 9:47 am | Comments Off on Monetary Policy Statement

Karachi, May 20, 2019 (PPI-OT): Key developments since the last MPC statement There have been three notable developments since the last Monetary Policy Committee (MPC) meeting in March 2019. First, the government of Pakistan has reached a staff-level agreement with…