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SBP introduces remittance mechanism for Umrah organizers
Pakistan Observer In order to facilitate the Umrah Organizers to meet the Umrah related expenses on account of Pakistani pilgrims in Saudi Arabia such as accommodation, transportation etc., State Bank of Pakistan has allowed Authorized Dealers to affect remittances on … |
June 14, 2017 at 06:24AM
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Banks allowed to remit foreign exchange for Umrah
The News International KARACHI: The State Bank of Pakistan (SBP) on Tuesday allowed banks to remit foreign exchange on behalf of Umrah organisers directly to vendors / service providers in Saudi Arabia through banking channel, a statement said. This move is aimed at … |
June 14, 2017 at 06:24AM
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The News International |
Banks‘ capital adequacy ratio falls in first quarter
The News International The uptick in advances is expected to increase the utilisation of capital and may result in downward adjustment in CAR,” according to the State Bank of Pakistan’s (SBP) Quarterly Performance Review of the banking sector for the quarter ended March 31, … |
June 14, 2017 at 06:24AM
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Cooperate Corner
The Nation The MoUs were signed with Sindh Board of Revenue (SBoR) and Pakistan Agriculture Research (PAR) under the auspices of the State Bank of Pakistan (SBP). This tripartite engagement is based on the mutually exclusive framework pertaining to demand … |
June 11, 2017 at 08:36AM
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The Nation |
N repeats accusations on Hassan’s 2nd round with JIT
The Nation The members of the JIT include Amir Aziz of the State Bank of Pakistan (SBP), Bilal Rasool of Securities and Exchange Commission of Pakistan (SECP), Irfan Naeem Mangi of the National Accountability Bureau (NAB), Brig Nauman Saeed of Inter-Services … |
June 09, 2017 at 08:45AM
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The News International |
State Bank grants banking licence to Bank of China
The News International KARACHI: The State Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its business in branch mode after meeting other regulatory requirements, a SBP statement on Saturday said. It said that the Bank of … Bank of China to open first branch in PakistanDAWN.com Bank of China all set to open its branch in KarachiPakistan Observer Bank of China given licence to operate in PakistanARY NEWS |
June 08, 2017 at 08:02AM
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DAWN.com |
Deadline for export financing extended
DAWN.com KARACHI: The State Bank of Pakistan (SBP) on Tuesday said the limits sanctioned by banks to individual exporters under Part-II of the Export Finance Scheme (EFA) for 2016-17 will continue up to Aug 31, to enable exporters to avail financing facilities … Export Finance Scheme extended till August 31The News International |
June 07, 2017 at 03:34PM
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The Nation |
Panama probe: JIT to present report before SC today
The Nation The members of the JIT include Amir Aziz of the State Bank of Pakistan (SBP), Bilal Rasool of the SECP, Irfan Naeem Mangi of the NAB, Brig Nauman Saeed, Inter-Services Intelligence (ISI) and Brigadier Kamran Khursheed from the Military Intelligence (MI). Five points to come up before SC Special bench JIT submits report todayThe News International Panama JIT to present second inquiry report to SC on Wednesday …Daily Pakistan |
June 07, 2017 at 09:25AM
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DAWN.com |
JIT receives records of Hudaibya Mills case
DAWN.com … certified copies of the Hudaibya Paper Mills case and attested order sheets of the accountability court as well as copies of proceedings of the Lahore High Court (LHC), the sources said, adding that the State Bank of Pakistan (SBP) had also shared … |
June 06, 2017 at 11:01PM
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The Nation |
Qatari prince too ‘busy’ to appear before JIT
The Nation The members of the JIT include Amir Aziz of the State Bank of Pakistan (SBP), Bilal Rasool of Securities and Exchange Commission of Pakistan (SECP), Irfan Naeem Mangi of the National Accountability Bureau (NAB), Brig Nauman Saeed, Inter-Services … Panama JIT to present second inquiry report to SC on TuesdayDaily Pakistan |
June 06, 2017 at 08:38AM
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The Nation |
Solar tubewell financing scheme on the cards
The Nation Official sources, while listing initiatives taken by State Bank of Pakistan (SBP) for financial inclusion in agriculture financing during this year, on Sunday said that in order to simplify lending process for agriculture financing, revised loan … |
June 05, 2017 at 10:01AM
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Modalities being finalized to execute interest-free solar tubewell financing scheme
Pakistan Observer Official sources while listing initiatives taken by State Bank of Pakistan (SBP) for financial inclusion in agriculture financing during this year, on Sunday said in order to simplify lending process for agriculture financing, revised loan application … |
June 05, 2017 at 05:54AM
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Daily Pakistan |
No JIT member will be replaced, same team to continue, observes Supreme Court
Geo News, Pakistan On Monday, the three-member bench, headed by Justice Ejaz Afzal Khan, heard Hussain Nawaz’s petition against the alleged bias of Amer Aziz and Bilal Rasool, who represent the State Bank of Pakistan (SBP) and the Securities and Exchange Commission … SC rejects Hussain Nawaz’ reservations regarding JIT membersDaily Pakistan SC sets aside Hussain’s objectionsThe News International Panama Case: SC to hear objections raised by Hussain Nawaz regarding members of JITPakistan Today Business Recorder (press release) (registration) (blog) –India.com all 110 news articles » |
May 30, 2017 at 07:30AM
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The News International |
Hussain Nawaz’s objections over JIT members to be heard in Supreme Court today
Geo News, Pakistan Regarding the JIT member from the State Bank of Pakistan, Amir Aziz, Hussain says he was part of the investigation team in the Hudaibiya Paper Mills case during the regime of former president Gen (retd) Pervez Musharraf. Aziz also threatened the … SC to hear Hussain Nawaz’ petition questioning ‘impartiality’ of two JIT members todayDaily Pakistan Supreme Court to hear Hussain Nawaz’s objections on two JIT members todayARY NEWS PM’s son quizzed by JITThe Nation The News International –The Express Tribune –SAMAA TV all 53 news articles » |
May 29, 2017 at 11:35AM
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The Express Tribune |
Budget 2017-18 – what it brings for ICT
The Express Tribune The State Bank of Pakistan (SBP) will spend this amount to streamline mobile banking in the country, including technical training and hand-holding of relevant organisations. It is anticipated that the e-gateway will enable Pakistanis to send and … |
May 29, 2017 at 11:35AM
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SBP to remain closed as bank holiday tomorrow
Pakistan Observer Earlier, SBP announced Ramazan timings from 8:00am to 2:15pm (without break) from Monday to Thursday and 8:00am to 1:00pm (without break) on Fridays, All banks, development finance institutions and microfinance banks were asked to follow the … |
May 28, 2017 at 07:41AM
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SECP, SBP form regulatory council to strengthen financial stability
Pakistan Today The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) signed a letter of understanding (LOU) the other day to establish the Council of Regulators to mitigate systemic risk. SBP Acting Governor Riaz Riazuddin and … |
May 28, 2017 at 03:31AM
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Daily Pakistan |
Decreasing Cost Of Terror
The Nation The State Bank of Pakistan (SBP) conducted a survey analysing the year from 2002 to 2016. According to their report, the war has cost $118 billion in this time period. The economy was hurt in the process because funds were being used for damage control … Fiscal Year 2016-17: all major targets missedAaj Tv (press release) (blog) Budget 2017-18: Full budget brief for ParliamentariansDaily Pakistan Text of Finance Minister’s budget speechDaily Times Business Recorder (press release) (registration) (blog) all 192 news articles » |
May 27, 2017 at 08:46AM
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Daily Times |
Facilitation from banks to bring more investment in marble sector
Pakistan Observer play their active role in uplifting the sector and assured complete support to the banks and the industry in developing viable business models and products. He also urged the need in accessing value of marble and granite leases, stock in hand and … ‘Access to finance will boost investment in marble, granite sector’Daily Times |
May 26, 2017 at 07:48AM
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