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State Bank of Pakistan reserves increases by US$2,579 million

Karachi, April 15, 2021 (PPI-OT): State Bank of Pakistan on Thursday announced that the total liquid foreign reserves held by the country stood at US$23,220.3 million on 09 April 2021. The break-up of the foreign reserves position is as under:...
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State Bank of Pakistan announces office and business hours during the month of Ramadan-ul-Mubarak

Karachi, April 13, 2021 (PPI-OT): During the ensuing holy month of Ramadan-ul-Mubarak 1442 AH, the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinanc...
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Bank Holiday

Karachi, April 12, 2021 (PPI-OT): The State Bank of Pakistan will remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1442 A.H., which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat. All banks / DFIs /...
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Workers’ Remittances in March 2021

Karachi, April 12, 2021 (PPI-OT): Workers’ remittances extended their unprecedented streak of above $2 billion for the 10th consecutive month in March. Remittances rose to $2.7 billion in March 2021, 20 percent higher than last month and 43 percent higher...
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Reflection of two years history in borrowers’ ECIB reports

Karachi, April 09, 2021 (PPI-OT): From July 2021, State Bank of Pakistan (SBP) has decided to include two years history of negative/overdue information for consumer/individual borrowers’ in the eCIB reports of State Bank of Pakistan in line with internationa...
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State Bank of Pakistan reserves decrease by $146 million

Karachi, April 08, 2021 (PPI-OT): State Bank of Pakistan informed on Thursday that Pakistan’s total liquid foreign reserves stood at US$20,679.4 million on 02-April-2021. The break-up of the foreign reserves position is as under: Foreign reserves held by the...
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SBP unveils ambitious Third Five-year Strategic Plan for Islamic Banking Industry – Press Note issued by State Bank of Pakistan

Karachi, April 05, 2021 (PPI-OT): State Bank of Pakistan (SBP) today unveiled its third five-year Strategic Plan for the Islamic Banking Industry. The strategic plan has set headline targets for Islamic banking industry to be achieved by 2025. These include:.....
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SBP Invites views for Revision of Foreign Exchange Manual related to Commercial Remittances

Karachi, April 05, 2021 (PPI-OT): Considering the market dynamics and keeping pace with changing business environment, SBP is in the process of revising the Foreign Exchange (FE) Manual in consultation with relevant stakeholders in a phased manner. The primary...
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State Bank of Pakistan issues comprehensive instructions to banks to enhance customer experience with Call Centers

Karachi, April 01, 2021 (PPI-OT): Call centers are rapidly becoming customers’ top choice to communicate with their Banks. Over time, the use of call centers by customers to seek information, guidance and redressal of complaints from their banks has increase...
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