Pakistan has reduced interest rates by 700 bps since June in four consecutive cuts. The State Bank of Pakistan (SBP) justified the rate cut, stating that the current monetary policy stance is ...
The State Bank of Pakistan (SBP) is scheduled to hold its Monetary Policy Committee (MPC) meeting on December 16, 2024. In a ...
KARACHI: The unexpected fall in inflation pushed the real interest rate to 10.1 per cent, creating ample room for ...
The government had proposed an amendment to Section 13 of the SBP Act, which addresses the disqualification of the governor, ...
MCB Bank Limited (MCB), one of Pakistan's leading banks, has selected BPC, a global leader in payment solutions, to ...
Pakistan's inflation rate slowed significantly to 4.9% year-on-year in November 2024, down from 7.2% in October, beating ...
The benchmark KSE-100 index rose 1,284.13 points, or 1.24 per cent, to close at 104,559.07. The market initially dropped ...
The act highlights the company's devotion to providing secure remittance solutions to millions of overseas Pakistanis ...
ACE Money Transfer, a global leader in the remittance industry, has been recognised by the State Bank of Pakistan (SBP) with a prestigious award for being the Fourth Largest Global Fintech by ...
Pakistan’s banks are adding new fees on some savings accounts to discourage inflows of deposits as they seek to boost their ...
KARACHI (Reuters) - Pakistan's central bank is expected to cut its key interest rate further at its policy meeting on Monday, ...
KARACHI: The State Bank of Pakistan (SBP) has announced that all the banks will remain shut on November 9 owing to the birth anniversary of Dr Allama Mohammad Iqbal also known as the Iqbal Day ...
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