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Articles tagged with: SBP

Pakistan’s Liquid Foreign Reserves Position

August 17, 2019 – 4:17 pm | Comments Off on Pakistan’s Liquid Foreign Reserves Position

Karachi, August 17, 2019 (PPI-OT): State Bank of Pakistan (SBP) has said that the total liquid foreign reserves held by the country stood at US$15,577.5 million on 09 August 2019. The break-up of the foreign reserves position is as under:-…

Fresh Note Issuance on Eid-ul-Azha 2019

August 9, 2019 – 9:57 am | Comments Off on Fresh Note Issuance on Eid-ul-Azha 2019

subsidiary SBP Banking Services Corporation (SBP BSC), issued fresh banknotes of various denominations aggregating to Rs.284 billion, including Rs.274 billion via commercial banks and Rs.10 billion via cash counters of SBP BSC , during days leading to Eid-ul-Azha. Out of…

Overseas Pakistanis remit US $2 billion in the first month of FY20

August 9, 2019 – 9:54 am | Comments Off on Overseas Pakistanis remit US $2 billion in the first month of FY20

Karachi, August 09, 2019 (PPI-OT): Overseas Pakistani workers remitted US $ 2039.30 million in the first month (July) of FY20 as compared with US $ 1981.73 million received during the same period in the preceding year. During July 2019, the…

SBP decides to disclose significant enforcement actions through SBP Website

August 6, 2019 – 3:56 pm | Comments Off on SBP decides to disclose significant enforcement actions through SBP Website

Karachi, August 06, 2019 (PPI-OT): Enforcement actions are an integral part of regulatory regime which involves imposition of monetary penalties and other actions against institutions and individuals for violations of laws, rules, regulations, guidelines or directives issued by SBP from…

Public Holidays

August 6, 2019 – 3:56 pm | Comments Off on Public Holidays

Karachi, August 06, 2019 (PPI-OT): The State Bank of Pakistan will remain closed from 12th to 15th August, 2019 (Monday to Thursday) being public holidays on the occasion of Eid-ul-Adha. It may, however, be noted that August 17, 2019 (Saturday)…

Agricultural credit target achievements in FY 2018-19

August 5, 2019 – 3:39 pm | Comments Off on Agricultural credit target achievements in FY 2018-19

Karachi, August 05, 2019 (PPI-OT): Banks made disbursements of Rs 1,174 billion or 94% against the ambitious target of Rs 1,250 billion set by Agricultural Credit Advisory Committee for 2018-19. The achievement of agri. credit disbursement is a sizable performance…