The State Bank of Pakistan has decided to raise its Policy Rale by 50 basis points to 13.5 percent with effect from September 30, 2010. This decision was taken at a meeting of the Central Board of Directors of the Stale Bank of Pakistan held under the Chairmanship of SBP Governor, Mr. ...
State Bank of Pakistan, Systems Limited & Temenos modernise Core Banking System Dec 3, 2024Expectations rise for big policy rate cut Dec 2, 2024ACE Money Transfer: A Global Fintech Leader Recognised by State Bank of Pakistan for Outstanding Remittance Volumes to Pakistan Learn more by requesting...
STATE BANK RAISES POLICY RATE BY 50 BPS TO 13.5 PERCENT.The article discusses the decision of the State Bank of Pakistan (SBP) in raising its policy rate by 50 basis points (bps) to 13.5 percent, which took effect last September 30, 2010. It notes that the decision was taken at a ...
The State Bank of Pakistan (SBP) on Thursday raised its benchmark interest rate by 125 basis points, from 13.75 percent to 15 percent, the highest level since 2008, with an aim at “ensuring a soft landing of the economy amid an exceptionally challenging and uncertain global environment.” F...
The stress in the balance of payments STATE BANK OF PAKISTAN Page 2 of 2 position was a prime consideration in maintaining the policy rate at 9.5 percent in the last two monetary policy decisions. The basic argument has been that the return on rupee denominated assets needs to be sufficiently...
And now the State Bank of Pakistan has focused on the production side of the economy in its annual report for Fiscal Year 2014. The nation's central bankers have singled out the economic activity in large scale manufacturing sector as their focus in the latest report. They say that the exis...
In Pakistan, ensuring the stability and soundness of the banking system is a statutory responsibility of State Bank of Pakistan. The banking supervision departments viz. Banking Policy and Regulations Department, Banking Surveillance Department, Off-Site Supervision and Enforcement Department and ...
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Almost all went to Pakistan, where much of it is re-exported. Pakistan provides more than a third of U.S. imports of talc and much also ends up in the European Union, it said. "Unwitting American and European consumers are inadvertently helping fund extremist groups in Afghanistan...
5. On March 3, Shehbaz Sharif became the Prime Minister of Pakistan for the second time. He will lead a coalition government after winning a majority in the newly-elected Parliament. The unanimous candidate of the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP), Shahbaz...