State Bank of Pakistan Archives - Page 3 of 6

Easypaisa launches in-App Biometric Verification Customers will now be able to use the BVS feature to upgrade their mobile wallet accounts

On: May 11, 2022

Tagged: App introduced, biometric verification, easypaisa, State Bank of Pakistan

Easypaisa launches in-App Biometric Verification ISLAMABAD ( Web News ) Easypaisa, the country’s leading digital payments App, has introduced an innovative feature that enables users to upgrade their mobile wallet accounts through in-app biometric verification. A key regulatory requirement, Biometric Verification System (BVS) also enhances users’ daily, monthly and yearlyRead More →

Dr Baqir’s term expired. Dr Murtaza Syed, will take over as Governor SBP. Dr Murtaza Syed, an eminently qualified economist with rich IMF experience. FM, Miftah Ismail

On: May 4, 2022

In: Breaking News

Tagged: Dr Murtaza Syed, Dr. Reza Baqir, FM Miftah Ismail, State Bank of Pakistan

KARACHI ( Web News ) Finance Minister Miftah Ismail on Wednesday announced that the three-year term of Dr Reza Baqir as the governor of the State Bank of Pakistan (SBP) has come to an end, ruling out any extension for the PTI appointee. In a tweet today, Ismail said thatRead More →

Current Account Deficit declines sharply in February Imports fell by 18% to their lowest level in FY22,” the SBP said on its official twitter handle.

On: March 20, 2022

In: Breaking News

Tagged: $2.53 billion in January, $545 million in February, current account deficit, fell sharply in February, State Bank of Pakistan

Current Account Deficit declines sharply in February ISLAMABAD ( Web News ) The current account deficit fell sharply in February, 2022 to $0.5bn, the lowest in FY22 and only one-fifth the level in January, a data released by State Bank of Pakistan (SBP) said on Saturday. The data shows thatRead More →

SBP’s increased communication regarding its monetary policy Prof. Asghar Zaidi emphasized understanding SBP’s role in tackling the most prominent and basic issue of Pakistan

On: March 14, 2022

In: Banking Sector

Tagged: ‘Monetary Policy for All, Government College University, inflation expectations, State Bank of Pakistan

SBP’s increased communication regarding its monetary policy, its linkage with the problems of common man, and the accountability of its performance regarding inflation targeting, before the parliament: Experts LAHORE/ISLAMABAD ( Web News ) A consultative meeting on “State Bank of Pakistan’s autonomy, credibility and inflation expectations” was held here atRead More →

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the PSX to fulfill a regulatory requirement.

On: February 14, 2022

In: Banking Sector

Tagged: granted in-principle approval, sale 55% shares, State Bank of Pakistan, Telenor Microfinance Bank, United Bank Limited

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the Pakistan Stock Exchange (PSX) to fulfill a regulatory requirement. ISLAMABAD ( JAVED MAHMOOD ) United Bank Limited is in the process to acquireRead More →

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary Dr. Baqir's appointment as the State Bank Governor, he worked at the IMF for 18 years.

On: February 12, 2022

In: Banking Sector

Tagged: Dr. Reza Baqir, Irfanul Haque Siddiqui, Rs 2.5 mi monthly salary, State Bank of Pakistan

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary long with other perks ISLAMABAD ( Web News ) State Bank of Pakistan (SBP) Governor Dr. Reza Baqir receives a monthly salary of Rs2.5 million and worked at the International Monetary Fund (IMF) for 18 years prior to hisRead More →

Women’s financial inclusion has emerged as a priority for Pakistan’s largest digital bank MMBL launched its ‘9-Point Agenda for Financial Inclusion’ to promote sustainable and inclusive economic growth,

On: February 8, 2022

In: Banking Sector

Tagged: MMBL’s celebration, State Bank of Pakistan, women entrepreneurs, Women half total population, Women Inspirational Network

MMBL’s celebration of a milestone year under Women Inspirational Network (WIN) commended by SBP ISLAMABAD ( Web News ) Women make up almost half of Pakistan’s total population, but their contribution to measured economic activity is far below its potential due to limited access to quality and affordable financial services.Read More →

The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy The interest rate will remain unchanged at 9.75 in the new monetary policy. SBP Reza Baqir

On: January 25, 2022

In: Banking Sector

Tagged: Governor Reza Baqir, monetary policy, policy rate at 9.75 %, State Bank of Pakistan

KARACHI ( Web News) The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Monday and decided to maintain its policy rate at 9.75 percent. Addressing a press conference in Karachi on Monday, Governor SBP Reza Baqir said that the interest rate will remain unchanged at 9.75 inRead More →

Pakistan’s Current Account Deficit Exceeds $9 Billion In Six Months Of FY2021-22 Pakistan’s current account deficit has exceeded $7 billion in first five months of financial year, 2021-22.

On: January 23, 2022

In: Commerce and Industry

Tagged: Deficit Exceeds $9 B, Pakistan’s current account, Six Months, State Bank of Pakistan

Pakistan’s Current Account Deficit Exceeds $9 Billion In Six Months Of FY2021-22 So far, the government’s measures to curb imports and current account deficit have ended in failure, leading to massive increase in twin deficits _ trade and current account ISLAMABAD ( JAVED MAHMOOD ) The current account deficit hasRead More →

Govt. intends to regularize the cryptocurrency for which the State Bank of Pakistan “We cannot separate ourselves from the affairs of the region”, Senator Shibli Faraz

On: January 19, 2022

In: Breaking News

Tagged: Blockchain Summit 2022, regularize the cryptocurrency, Securities and Exchange, Senator Shibli Faraz, State Bank of Pakistan

ISLAMABAD ( Web News ) Federal Minister of Science and Technology, Senator Shibli Faraz Tuesday said the government intends to regularize the cryptocurrency for which the State Bank of Pakistan, Securities and Exchange Commission of Pakistan and Finance Division are working. “We cannot separate ourselves from the affairs of theRead More →

SBP. and FIA Recommends Ban On Cryptocurrency In Pakistan If mining of crypto is made legal, every month Pakistan can receive more or less $100 million.

On: January 13, 2022

In: Banking Sector

Tagged: Ban On Cryptocurrency, Income Of Thousands, Miners At Stake, State Bank of Pakistan, youngsters/students

State Bank Of Pakistan Recommends Ban On Cryptocurrency In Pakistan Putting Income Of Thousands Of Miners At Stake Instead of empowering millions of jobless youngsters/students to take benefit from the mining of cryptocurrency, the panel of the State Bank of Pakistan has suggested a complete ban on crypto, etc. ISLAMABADRead More →

Faysal Bank partners with EFU Life to launch EFU Roshan Mustaqbil Takaful for Roshan Digital Account Holders Protection of Roshan Digital Account Holders and their families residing in Pakistan

On: December 29, 2021

In: Banking Sector

Tagged: EFU Life, Faysal Bank, Roshan Mustaqbil Takaful, State Bank of Pakistan, total disability

Faysal Bank partners with EFU Life to launch EFU Roshan Mustaqbil Takaful for Roshan Digital Account Holders ISLAMABAD ( Web News ) Faysal Bank and EFU Life Window Takaful Operations further strengthened their partnership by launching EFU Roshan Mustaqbil Takaful an industry first Takaful plan specially designed to cater toRead More →

State Bank of Pakistan (Page 3)

Easypaisa launches in-App Biometric Verification Customers will now be able to use the BVS feature to upgrade their mobile wallet accounts

Dr Baqir’s term expired. Dr Murtaza Syed, will take over as Governor SBP. Dr Murtaza Syed, an eminently qualified economist with rich IMF experience. FM, Miftah Ismail

Current Account Deficit declines sharply in February Imports fell by 18% to their lowest level in FY22,” the SBP said on its official twitter handle.

SBP’s increased communication regarding its monetary policy Prof. Asghar Zaidi emphasized understanding SBP’s role in tackling the most prominent and basic issue of Pakistan

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the PSX to fulfill a regulatory requirement.

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary Dr. Baqir's appointment as the State Bank Governor, he worked at the IMF for 18 years.

Women’s financial inclusion has emerged as a priority for Pakistan’s largest digital bank MMBL launched its ‘9-Point Agenda for Financial Inclusion’ to promote sustainable and inclusive economic growth,

The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy The interest rate will remain unchanged at 9.75 in the new monetary policy. SBP Reza Baqir

Pakistan’s Current Account Deficit Exceeds $9 Billion In Six Months Of FY2021-22 Pakistan’s current account deficit has exceeded $7 billion in first five months of financial year, 2021-22.

Govt. intends to regularize the cryptocurrency for which the State Bank of Pakistan “We cannot separate ourselves from the affairs of the region”, Senator Shibli Faraz

SBP. and FIA Recommends Ban On Cryptocurrency In Pakistan If mining of crypto is made legal, every month Pakistan can receive more or less $100 million.

Faysal Bank partners with EFU Life to launch EFU Roshan Mustaqbil Takaful for Roshan Digital Account Holders Protection of Roshan Digital Account Holders and their families residing in Pakistan

Foreign Investment in the stock exchange is promising for the economy: Atif Ikram Sheikh

AKU hosts math games’ showcase by female educators to out-of-school girls