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SBP introduces advance calendar of Monetary Policy Committee meetings

KARACHI, The State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of Monetary Policy Committee (MPC) meetings on a rolling basis for making the process of monetary policy formulation more predictable and transparent. In a press statement issued here on Thursday, […]

Bajwa appreciates SBP, overseas Pakistanis for record growth in remittances

ISLAMABAD, Chairman China-Pakistan Economic Corridor (CPEC) Authority Lt. Gen (R) Asim Saleem Bajwa Tuesday appreciated State Bank of Pakistan (SBP) and overseas Pakistanis for their contribution in enhancing remittances to a record level. “Well done State Bank of Pakistan and a big Thank you to […]

On President’s directive, SBP to clear cheques of business community on Friday

ISLAMABAD, On the direction of President Dr Arif Alvi, the State Bank of Pakistan (SBP) has assured clearing of the cheques of business community on Friday. The step will ensure payment of salaries to the employees of private sector before Eid, the President House said […]

SBP initiatives very encouraging but implementation poor

LAHORE-The business community has asked the central bank to get its policies implemented in true spirit to provide financial support to the trade and industry, as the SBP initiatives are very encouraging but implementation is not up to the mark. Pakistan Industrial and Traders Association […]

Pre-COVID-19 economy was on steady recovery, says SBP annual report

ISLAMABAD, :The State Bank of Pakistan (SBP) said Wednesday that following the difficult but necessary stabilization efforts during the first nine months of the fiscal year 2019-20, the country’s economy was well on course for a steady recovery on the eve of Covid-19 pandemic. The […]

SBP and PHF to establish centre of excellence for revival of hockey

LAHORE, : Director General Sports Punjab Adnan Arshad Aulakh said that Sports Board Punjab has taken a revolutionary measure and decided to establish a Center of Excellence for the revival of hockey. Hr said that the 10-year revolutionary project will be completed with the collaboration […]

Despite COVID-19 impacts, banking sector assets expand 7.8 percent: SBP

ISLAMABAD, : The State Bank of Pakistan Wednesday said that despite elevated economic stress driven by the COVID-19 pandemic, the assets of the banking sector witnessed a decent expansion of 7.8 percent during the first half of the calendar year 2020 (H1CY20). The central bank […]

SBP holds exhibition handball event in connection with Eid Miladun Nabi (PBUH) at NPSC Gymnasium Hall

LAHORE, :Sports Board Punjab (SBP) organized an exhibition handball event in connection with Eid Miladun Nabi (PBUH)at Nishtar Park Sports Complex (NPSC) Gymnasium Hall here on Tuesday. SBP Whites defeated SBP Greens by 15-12 in the final after a tough contest. Secretary Sports Youth Affairs […]

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