E-banking transactions in Pakistan are undeniably on the rise, as exhibited by the State Bank of Pakistan’s Quarterly Payment System Review released on Monday. According…
The foreign exchange reserves held by the central bank rose 2.39% on a weekly basis, according to data released by the State Bank of Pakistan…
The State Bank of Pakistan announced Tuesday that housing and construction finance has grown by a staggering 36%, setting a historical record. The SBP and…
Pakistan’s foreign exchange reserves stood at the US $23.22 billion as of April 09, 2021, the central bank said on Thursday, an increase of 11%…
The flow of workers’ remittances into Pakistan continued its record run of going above $2 billion for the 10th consecutive month in March, State Bank announced…
The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt, before being appointed as the SBP’s…
“During Jul-Feb FY21, the current account remained in a surplus of $881 million, against a deficit of $2,741 million during Jul-Feb FY20”, announced the State…
The State Bank of Pakistan (SBP) has announced that Internet & mobile banking transactions more than doubled in Q2FY21 over last year – volume up…
Foreign exchange reserves held by the State Bank of Pakistan (SBP) have taken a considerable hit. According to data recently released by the central bank,…
The State Bank of Pakistan recently announced a new banking solution for Non-Resident Pakistanis called the Roshan Digital Account. The initiative, which incorporates 8 leading…
In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State Bank of Pakistan (SBP) has launched…
The State Bank of Pakistan has granted permission to fintech startup SadaPay to begin pilot operations next year. The startup is planning to shake up…
Workers’ remittances have continued their steady (and impressive) momentum by remaining above the $2 billion mark for a record sixth successive month. In aggregate, remittances…
