Tag Archives: SBP

Deposit Protection Corporation becomes a member of International Association of Deposit Insurers

Karachi, February 15, 2019 (PPI-OT): The Secretariat of International Association of Deposit Insurers (IADI) announced on February 11, 2019 that its Executive Council has decided to admit Deposit Protection Corporation (DPC), State Bank of Pakistan as IADI Member. DPC is …

Pakistan’s Liquid Foreign Reserves Position

Karachi, February 14, 2019 (PPI-OT): The total liquid foreign reserves held by the country stood at US$14,895.8 million on 08 February 2019. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

Overseas Pakistanis remit US $12.77 billion in the first seven months of FY19

Karachi, February 11, 2019 (PPI-OT): Overseas Pakistani workers remitted US$ 12774.02 million in the first seven months of FY19 as compared with US$11383.47 million received during the same period in the preceding year.

During January 2019, the inflow of workers’ …

Harnessing technology platforms is the way forward for enhancing agricultural productivity: Governor State Bank of Pakistan

Karachi, February 09, 2019 (PPI-OT): “I would urge the stakeholders including banks, federal and provincial governments to harness technology platforms for enhancing agricultural productivity”, said Tariq Bajwa, Governor State Bank of Pakistan while presiding the mid-term review meeting of Agricultural …

Pakistan’s Liquid Foreign Reserves Position

Karachi, January 17, 2019 (PPI-OT): The total liquid foreign reserves held by the country stood at US$13,489.2 million on 11 January, 2019. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

State Bank facilitates exporters by restoring advance payment facility

Karachi, January 01, 2019 (PPI-OT): State Bank of Pakistan (SBP) has allowed the Authorized Dealers to effect advance payments up to USD 10,000/- per invoice on behalf of importers cum exporters for import of raw materials, accessories and spares.

The …

Bank Holiday

Karachi, December 31, 2018 (PPI-OT): The State Bank of Pakistan will remain closed for public dealing on Tuesday, the 1st January 2019, observed as bank holiday. All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on …

State Bank of Pakistan will remain closed on 21st November, 2018 on the occasion of Eid Milad-un-Nabi

Karachi, November 20, 2018 (PPI-OT): The State Bank of Pakistan will remain closed on 21st November, 2018 (Wednesday) on the occasion of Eid Milad-un-Nabi (12th Rabi-ul-Awal, 1440 A.H) being public holiday as declared by the Government of Pakistan.

For more …

State Bank of Pakistan Reiterates not to share personal details on fake calls

Karachi, November 13, 2018 (PPI-OT): SBP advises people not to share personal information like CNIC number, bank account number, password, etc. on fake calls from individuals impersonating as officials of SBP. Public is advised to inform such incident to law …

State Bank of Pakistan announces Eid-ul-Adha holidays

Karachi, August 17, 2018 (PPI-OT): The State Bank of Pakistan will remain closed from 21st to 23rd August, 2018 (Tuesday, Wednesday and Thursday) on the occasion of Eid-ul-Adha.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central …