State Bank of Pakistan issues fresh banknotes worth Rs. 168 billion on Eid Ul Azha 2017

Karachi, August 31, 2017 (PPI-OT):To meet the increasing demand for fresh banknotes on the occasion of Eid-ul-Azha 2017, SBP Banking Services Corporation (SBP BSC) made elaborate arrangements with a focus to cover maximum stakeholders including the general public. The SBP issued fresh banknotes of Rs. 168 billion as compared to Rs.161 billion issued on previous Eid-ul-Azha.

This included lower denomination notes (up to Rs.100) of Rs. 8 billion and higher denomination banknotes (Rs.500 and above) of Rs. 160 billion, which is meant for heavy payments and ATM needs of commercial banks. To ensure maximum issuance, all 16 field Offices of the SBP BSC issued fresh notes to the general public from its counters before Eid-ul-Azha. In addition to this, the commercial banks were also issued lower denomination fresh bank notes worth Rs. 7 billion to disburse the same to the public and their accounts holders.

For more information, contact:
Chief Spokesman
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: syed.wasimuddin@sbp.org.pk
Website: www.sbp.org.pk

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