Karachi, June 15, 2022 (PPI-OT):Deputy Governor – State Bank of Pakistan (SBP), Ms. Sima Kamil, chaired the Quarterly Follow-up Meeting of Agricultural Credit Advisory Committee (ACAC) today in Karachi. The meeting reviewed progress on key decisions taken by ACAC in...
Karachi, June 11, 2022 (PPI-OT):At US $2.3 billion in May 2022, workers’ remittances have continued to remain above the $2 billion mark since June 2020. In terms of growth, remittances decreased by 25.4 percent on m/m basis and 6.9 percent...
Karachi, January 13, 2021 (PPI-OT): State Bank of Pakistan (SBP) has been voted as the Best Central Bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News (IFN), REDmoney Group Malaysia, today. This...
Karachi, January 08, 2021 (PPI-OT): Workers’ remittances maintained their strong momentum for the seventh consecutive month in December. Remittances rose further to $2.4 billion, growing by 16.2 percent on a year-on-year basis and 4.2 percent on a month-on-month basis. On...
Karachi, January 07, 2021 (PPI-OT): State Bank of Pakistan (SBP) said in a statement on Thursday that total liquid foreign reserves held by the country stood at US$ 20,512.1 million on 31-December-2020. The break-up of the foreign reserves position is...
Karachi, January 07, 2021 (PPI-OT): The State Bank of Pakistan (SBP) organized the third nationwide Stakeholders’ meeting on Digital Financial Services today chaired by Governor SBP, Dr. Reza Baqir. The goal of these meetings has been to accelerate the agenda...
Karachi, January 05, 2021 (PPI-OT): The State Bank of Pakistan released its First Quarterly Report on The State of Pakistan’s Economy for the fiscal year 2020-21 today covering the period July – September, 2020. The report finds that there were...