Monday, June 21, 2021
Tags SBP

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Business

SBP and JazzCash join hands to increase financial literacy among youth

Staff Reporter - 0
KARACHI: National Institute of Banking and Finance (NIBAF) — a subsidiary of the State Bank of Pakistan (SBP) — and JazzCash have signed a...
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Business

SBP asks banks to upgrade housing finance model

Staff Reporter - 0
KARACHI: In order to facilitate low-cost housing finance applicants with informal income, the State Bank of Pakistan (SBP) has asked banks to develop and...
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Business

Banks to charge 0.1% fees on online transactions above Rs25,000

Arshad Hussain - 0
KARACHI: Pakistani banks will charge 0.1 per cent fees on digital transactions of above Rs25,000 from July 1, 2021, said Seema Kamil, deputy governor...
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Business

SBP governor appointed as chairperson of General Assembly of Islamic Financial Services Board

Staff Reporter - 0
KARACHI: State Bank of Pakistan Governor Dr Reza Baqir has been appointed as the chairman of the General Assembly of Islamic Financial Services Board...
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Business

Remittances amount to $2.5bn, 33.5pc higher than May 2020

Staff Reporter - 0
Remittances continued their exceptional streak in May 2021, remaining above $2 billion for a record 12th straight month. Remittances received during May 2021 amounted to...
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Business

SBP allows ‘mentally disordered’ persons to open bank accounts

Staff Reporter - 0
KARACHI: The State Bank of Pakistan (SBP) has provided major facilitation to mentally disordered persons by allowing them to open a bank account through...
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Business

Pakistani fin-tech start up to start offering services in June

News Desk - 0
Pakistan based fintech start-up, TAG Innovation Pvt. will start offering financial services in the month of June. It will launch with a limited number of...
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SBP 2nd Quarterly Report: Growth in every sector shows economic recovery

Arshad Hussain - 0
KARACHI: The second quarterly report issued by the State Bank of Pakistan (SBP) on Thursday paints a rosy picture of the economy showing growth...
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Business

SBP amends capital adequacy regulations to boost real estate sector

Staff Reporter - 0
KARACHI: In order to provide further support to the development of the real estate sector, the State Bank of Pakistan (SBP) has amended its...
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Business

Interest rate maintained to continue stimulus for market: SBP governor

News Desk - 0
KARACHI: The State Bank of Pakistan Governor Reza Baqir said in his interview earlier Tuesday to Bloomberg Markets: Asia that the monetary policy committee...
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