Tag Archives: SBP

Widening twin deficits overshadow performance of the real economy

Karachi, July 11, 2018 (PPI-OT):Real GDP maintained its upward trajectory, exhibiting a 13-year high growth of 5.8 percent in FY18. Benign inflationary environment and improved law and order situation boosted business sentiments, resulting in higher …

Bank Holiday

Karachi, June 28, 2018 (PPI-OT): The State Bank of Pakistan will remain closed for public dealings on July 2, 2018 (Monday) which will be observed as Bank Holiday. All banks / DFIs / MFBs shall, …

Deposit Protection Mechanism for Banking Companies

Karachi, June 22, 2018 (PPI-OT): Deposit Protection Corporation (DPC), a wholly owned subsidiary of State Bank of Pakistan (SBP) has launched deposit protection mechanism under its Circular dated June 22, 2018. As envisaged in the …

Fresh Note Issuance on Eid-ul-Fitr 2018

Karachi, June 22, 2018 (PPI-OT): The State Bank of Pakistan (SBP) through its 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC) provided fresh banknotes of various denominations aggregated to Rs. 363 …

Procedure for Repatriation of liquid assets and Deposit of Tax under Foreign Assets (Declaration and Repatriation) Act, 2018

Karachi, June 21, 2018 (PPI-OT): Reference the SBP Notification No. FD/1704/2011/2018 dated April 16, 2018 on the subject. In order to facilitate the prospective declarants in payment of the tax against declaration of foreign assets …

Procedure for Repatriation of liquid assets and Deposit of Tax under Foreign Assets (Declaration and Repatriation) Act, 2018

Karachi, June 21, 2018 (PPI-OT): Reference the SBP Notification No. FD/1704/2011/2018 dated April 16, 2018 on the subject. In order to facilitate the prospective declarants in payment of the tax against declaration of foreign assets …

State Bank of Pakistan designates Domestic Systemically Important Banks

Karachi, June 14, 2018 (PPI-OT): State Bank of Pakistan has announced the designation of D-SIBs under the Domestic Systemically Important Banks (D-SIBs) framework that was introduced in April 2018. The D-SIBs framework as introduced by …

Pakistan’s Liquid Foreign Reserves Position

Karachi, June 14, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$16,457.1 million on 08 June 2018. The break-up of the foreign reserves position is as under:-

i) Foreign reserves …

State Bank of Pakistan designates Domestic Systemically Important Banks

Karachi, June 14, 2018 (PPI-OT): State Bank of Pakistan has announced the designation of D-SIBs under the Domestic Systemically Important Banks (D-SIBs) framework that was introduced in April 2018. The D-SIBs framework as introduced by …

Public Holidays

Karachi, June 11, 2018 (PPI-OT): The State Bank of Pakistan will remain closed from 15th June to 18th June, 2018 (Friday, Saturday, Sunday and Monday) on the occasion of Eid-ul-Fitr.

For more information, contact:
Chief …