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Financial System performed well and remained resilient, says Financial Stability Review 2021 

Karachi, June 21, 2022 (PPI-OT):The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY21. The Review presents the performance and risk assessment of various segments of the financial sector including banks,...
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E-Banking Continues steady growth in the Third Quarter of FY22 

Karachi, June 16, 2022 (PPI-OT):The State Bank of Pakistan released its third quarterly report of Payment Systems for the Fiscal year 2021-22 today covering the period January to March 2022. The report presents an overall viewpoint of growing digital adoption....
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State Bank of Pakistan renews the Status of VIS and PACRA as Eligible External Credit Assessment Institutions 

Karachi, June 15, 2022 (PPI-OT):State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)” as eligible / re...
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Deputy Governor SBP urges banks to leverage SBP’s recent initiatives to boost agriculture Financing

Karachi, June 15, 2022 (PPI-OT):Deputy Governor – State Bank of Pakistan (SBP), Ms. Sima Kamil, chaired the Quarterly Follow-up Meeting of Agricultural Credit Advisory Committee (ACAC) today in Karachi. The meeting reviewed progress on key decisions take...
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Workers’ Remittances in May, 2022 

Karachi, June 11, 2022 (PPI-OT):At US $2.3 billion in May 2022, workers’ remittances have continued to remain above the $2 billion mark since June 2020. In terms of growth, remittances decreased by 25.4 percent on m/m basis and 6.9 percent...
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SBP hosts Meetings of Islamic Financial Services Board 

Karachi, June 11, 2022 (PPI-OT):The State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic Financial Services Board (IFSB), on June 9, 2022. Governor SBP is currently the chairman of the IFSB Council...
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The Government and SBP refute baseless claims circulating on social media regarding Foreign Currency Accounts, Roshan Digital Accounts and Safety Deposit Lockers 

Karachi, June 06, 2022 (PPI-OT):The Government of Pakistan and the State Bank of Pakistan assure all account holders maintaining Foreign Currency Accounts (FCA), Roshan Digital Accounts (RDA) and Safety Deposit Lockers in banks in Pakistan that their accounts ...
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SBP unveils Easy Data, in a move aimed at supporting economic research and enhancing Transparency 

Karachi, June 02, 2022 (PPI-OT):Efficient, timely and reliable data dissemination is a core undertaking of central banks across the world. Open data availability supports informed decision-making by households, firms, governments, academics, and other stakehol...
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Opening of concerned branches for collection of Government receipts/duties/taxes/on May 31, 2022

Karachi, May 28, 2022 (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...
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