SBP plans to increase 35pc Islamic banking by 2025
The State Bank of Pakistan (SBP) aimed to increase the percentage of Islamic banking to 35% by 2025, according to ...
Tag: State Bank of Pakistan
SBP governor hopeful of foreign exchange inflows in coming days
Jameel Ahmed, the governor of the State Bank of Pakistan (SBP), expressed hope on Wednesday that the situation of Pakistan's ...
SBP issues NOCs to five applicants for establishing digital bank
The State Bank of Pakistan (SBP) on Friday said that it has issued no-objection certificates (NOC) to five applicants for ...
Oil, and telecom sectors raise red flags over letters of credit
The State Bank of Pakistan (SBP) and the Ministry of Finance (MoF) were urgently enlisted by the Ministry of Energy's ...
Dams fund has over Rs16 billion, work ‘hit by floods’
The Supreme Court stated on Thursday that the money in the dams fund will not be used to repair the ...
Govt raises only Rs315b from T-bills
The cash-strapped government on Wednesday raised Rs315 billion less than half the auction target of Rs650 billion, at a historically ...
SBP forex reserves fall to 4.5 billion after debt payments
According to sources, the State Bank of Pakistan's (SBP) foreign exchange reserves continued to drop, falling by $1.2 billion to ...
Pak Suzuki extends plant shutdown
Due to an ongoing lack of imported parts, Pak Suzuki Motor Company Ltd (PSMCL) has prolonged the production shutdown from ...
Foreign exchange reserves deplete to $5.5 billion
According to data issued by the State Bank of Pakistan (SBP) on Thursday, the central bank's foreign exchange reserves decreased ...
SBP Issues Islamic Banking License to Faysal Bank Limited
Karachi: State Bank of Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making it the ...
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