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Tag: SBP

Lower Policy Rates to Propel Real Estate Market Activity
Business

Lower Policy Rates to Propel Real Estate Market Activity: CEO Eighteen

January 30, 2025January 30, 2025 - by Web Desk

Islamabad: Following the recent announcement by the SBP to reduce the policy rate to 12%, Tarek Hamdy, CEO of Eighteen Housing, has welcomed this decision, highlighting its potential to catalyze …

Lower Policy Rates to Propel Real Estate Market Activity: CEO Eighteen Read More
easypaisa is Pakistan’s First Digital Bank To Receive
Business

easypaisa is Pakistan’s First Digital Bank To Receive Commercial Approval For Regular Operations

January 28, 2025January 28, 2025 - by Web Desk

Islamabad: easypaisa has achieved a groundbreaking milestone by becoming Pakistan’s first Digital Retail Bank to receive commercial approval for the commencement of regular digital banking operations from the State Bank …

easypaisa is Pakistan’s First Digital Bank To Receive Commercial Approval For Regular Operations Read More
IMF
Pakistan

IMF approves immediate release of $1.1 billion tranche for Pakistan

April 30, 2024April 30, 2024 - by Web Desk

The Executive Board of the International Monetary Fund (IMF) in Washington has approved an emergency release of $1.1 billion for Pakistan – the latest installment of its loan program. Sources …

IMF approves immediate release of $1.1 billion tranche for Pakistan Read More
SBP seeks design ideas from students, designers for new banknotes
Business

SBP seeks design ideas from students, designers for new banknotes

February 1, 2024 - by Web Desk

The creation and issuance of a new series of banknotes spanning all current denominations has begun at the State Bank of Pakistan (SBP), a major step toward improving security measures …

SBP seeks design ideas from students, designers for new banknotes Read More
All banks across country will remain closed from February 3 to 5: SBP
Business

All banks across country will remain closed from February 3 to 5: SBP

February 1, 2024February 1, 2024 - by Web Desk

Due to a weekend holiday on February 3 and 4 and Kashmir Day on February 5, all banks nationwide will be closed from February 3 to February 5. Tuesday and …

All banks across country will remain closed from February 3 to 5: SBP Read More
Finance minister stresses need for urgent reforms to address Pakistan's economic crisis
Business

Finance minister stresses need for urgent reforms to address Pakistan’s economic crisis

January 24, 2024January 24, 2024 - by Web Desk

ISLAMABAD: Effective implementation of bold and ambitious reforms is imperative to usher in a new era of development and prosperity in the country. The accomplishment of this goal, however, is …

Finance minister stresses need for urgent reforms to address Pakistan’s economic crisis Read More
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