Tag: sbp

Pakistan’s new currency banknotes to be introduced in next two years: Saleem Ullah

ISLAMABAD, Feb 1 (APP): Deputy Governor at State Bank of Pakistan Saleem Ullah Thursday disclosed that new banknotes with improved security features will be introduced in the next two years where SBP has announced an art competition to engage local artists, designers, and art students in shaping the visual identity of the upcoming currency. In… Continue reading Pakistan’s new currency banknotes to be introduced in next two years: Saleem Ullah

Foreign exchange rates

KARACHI, Jan 29 (APP):The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday. CONVERSION RATES FOR JANUARY 29, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 31, 2024      USD      279.3915  … Continue reading Foreign exchange rates

PCB Board of Governors formed

PESHAWAR, Jan 27 (APP):The Pakistan Cricket Board Saturday announces the composition of the Board of Governors (BoG) by Paragraph 10 of the PCB Constitution 2014. The Board of Governors now stands as follows: Mr Mustafa Ramday (PCB Patron’s nominee) Mr Syed Mohsin Raza Naqvi (PCB Patron’s nominee) Mr Sajjad Ali Khokhar, President of Regional Cricket… Continue reading PCB Board of Governors formed

SBP software application prepared to receive account holders complaints against banks, says SBP Multan chief

MULTAN, Jan 24 (APP):Chief Manager State Bank of Pakistan (SBP), Multan, Javed Iqbal Marth has said that the central bank has prepared a software application to enable account holders to file complaints against banks. He was speaking at a ceremony organized by the Multan Chamber of Commerce and Industry (MCCI) with industrialists notably MCCI president… Continue reading SBP software application prepared to receive account holders complaints against banks, says SBP Multan chief

Session at Sialkot University brings closer academia & industry

SIALKOT, Jan 18 (APP):Leaders from the State Bank of Pakistan (SBP) Banking Services Corporation (BSC) Sialkot Nisar Ahmed and Safian Taseer attended an an event at the University of Sialkot (USKT), organised for bringing the academia and industry closer and leaving students inspired and motivated. The USKT hosted the interaction with Ahmed and Taseer, both… Continue reading Session at Sialkot University brings closer academia & industry

SBP launches official WhatsApp channel

KARACHI, Jan 12 (APP):The State Bank of Pakistan (SBP) Friday formally launched its ‘WhatsApp channel’ for ensuring prompt dissemination of reliable information to its stakeholders.  The channel will serve as a tool of communication where followers will directly receive information from SBP on its policies, initiatives, notifications and awareness campaign, said a statement issued here.… Continue reading SBP launches official WhatsApp channel

Rupee gains 26 paisa against Dollar

ISLAMABAD, Dec 22 (APP): Pakistani Rupee on Friday witnessed the 9th consecutive recovery session as it gained 26 paisa against the US Dollar in the interbank trading and closed at Rs282.52 against the previous day’s closing of Rs282.78. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar… Continue reading Rupee gains 26 paisa against Dollar

SBP Governor calls on CM Punjab

LAHORE, Dec 18 (APP): Governor of the State Bank of Pakistan (SBP) Jameel Ahmad called on Punjab Caretaker Chief Minister Mohsin Naqvi here on Monday. Prevailing economic situation, matters relating to the Bank of Punjab and the Punjab Provincial Cooperative Bank were discussed during the meeting. CM Naqvi expressed his commitment to increasing production by… Continue reading SBP Governor calls on CM Punjab

30th meeting of SECP-SBP Coordination Committee held

ISLAMABAD, Nov 23 (APP):The 30th meeting of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) Coordination Committee was held on Thursday. Jameel Ahmad, Governor SBP along with senior officials represented the SBP, whereas the SECP team was headed by Chairman Akif Saeed, along with Commissioners and senior officials,… Continue reading 30th meeting of SECP-SBP Coordination Committee held

SBP allows ASA Microfinance Bank Limited to commence countrywide operations

KARACHI, Nov 14 (APP):The State Bank of Pakistan (SBP), Tuesday, allowed ASA Microfinance Bank (Pakistan) Limited to commence microfinance lending business across the country. ASA Microfinance Bank will be the 12th Microfinance Bank (MFB) to operate in the country by commencing nationwide microfinance lending business with effect from November 13, 2023, said a statement issued… Continue reading SBP allows ASA Microfinance Bank Limited to commence countrywide operations

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