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Digital payments adoption continues its journey on upward trajectory in FY21 

Karachi, October 22, 2021 (PPI-OT):The State Bank of Pakistan (SBP) released its Annual Payment Systems Review (PSR) for the fiscal year 2020-21 today, which shows strong growth in the space of digital financial transactions in the country. SBP continued its...
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Public Holiday 

Karachi, October 15, 2021 (PPI-OT):The State Bank of Pakistan will remain closed on Tuesday, October 19, 2021 (i.e. 12th Rabiul-Awal, 1443 A.H.) on the occasion of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam). For more information, contact: Chief Spokesman,...
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State Bank of Pakistan instructs Banks to Digitize Corporate Payments 

Karachi, October 15, 2021 (PPI-OT):Towards digitization of payments and receipts in the corporate sector, SBP has now made it mandatory for its regulated entities (REs) including banks, microfinance banks, payment system operators and payment system providers ...
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Opening of branches to facilitate the collection of Government receipts / duties/ taxes on October 15, 2021

Karachi, October 14, 2021 (PPI-OT):In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National Bank of Pakistan (NBP...
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Deposit Protection Corporation issues its Annual Report 2020-21 

Karachi, October 14, 2021 (PPI-OT):Deposit Protection Corporation (DPC) has issued its first Annual Report today, since the commencement of business in June 2018. The report highlights significant developments made in the areas of deposit protection framework,...
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SBP to Issue Rs 70 Commemorative Coin to Mark 70th Anniversary of the Establishment of Diplomatic Relations between Pakistan and Germany

Karachi, October 14, 2021 (PPI-OT):To mark the occasion of 70th anniversary of Pakistan-Germany Diplomatic relations, the Government of Pakistan has decided to issue a commemorative coin of even denomination, i.e. Rs.70. This coin will be available on exchange...
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State Bank of Pakistan eases conditions for renewable energy solution providers under renewable energy financing scheme

Karachi, October 11, 2021 (PPI-OT):To promote investment in renewable energy solutions by companies, State Bank of Pakistan (SBP) has eased the conditions for renewable energy solution providers under its Refinance Scheme for Renewable Energy. Now, all Renewab...
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President of Pakistan launches Roshan Apna Ghar in UAE

Karachi, October 09, 2021 (PPI-OT): H.E President Dr. Arif Alvi expressed the hope that Non-Resident Pakistanis (NRPs) living in UAE would take maximum advantage of the State Bank’s Roshan Apna Ghar scheme and use it to fulfil their and their...
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State Bank launches dedicated landing webpage on promoting housing and construction finance

Karachi, October 08, 2021 (PPI-OT):SBP has launched today a dedicated landing webpage, https://www.sbp.org.pk/hcf/index.html, on promoting housing and construction finance on its website. The page contains extensive information on housing and construction fina...
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