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#State Bank of Pakistan

19 pieces in this archive

Pakistan: SBP injects Rs11.6tr into banking system

Gold climbs Rs2,000 to Rs461,936/tola as global rebound gathers steam SBP injects Rs11.6tr into banking system The State Bank of Pakistan (SBP) injected approximately Rs11.6 trillion into the banking system on Monday through a…

Pakistan’s fintech landscape

In the first quarter of the current year, the Annual Payment Systems Review issued by the State Bank of Pakistan (SBP) reveals that Pakistan witnessed 3.7 billion retail transactions, out of which 92 percent…

Pakistan: SBP speeds up Islamic banking transition

The State Bank of Pakistan (SBP) has revised its criteria for the conversion of conventional banking branches into Islamic banking branches, streamlining the process to facilitate faster industry-wide transition. Issued vide IFPD Circular Letter…

SBP launches riyal, dirham Naya Pakistan Certificates

State Bank has announced it will issue Naya Pakistan Certificates in Saudi riyal and UAE dirham, but the returns are slightly lower than those for US dollar investments. The central bank issued a circular…

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