SBP Maintains Key Policy Rate at 22% Amidst Easing Inflation Outlook
Islamabad, October 30,2023 (PAKONOMY): The State Bank of Pakistan’s Monetary Policy Committee (MPC) has chosen to maintain the key policy…
SBP Imposes Rs83 Million in Penalties on Four Banks for Non-Compliance
Karachi, October 25, 2023 (PAKONOMY): In a move aimed at reinforcing the importance of regulatory compliance in the banking sector,…
SBP Set to Introduce RAAST Payment Systems for FBR and BISP
Islamabad: The State Bank of Pakistan (SBP) has been actively exploring multiple avenues within the RAAST payment systems. The central…
The SBP Clarifies Bank Deposits are Completely Secure
State Bank of Pakistan (SBP) clarifies in a press release that all deposits in banking systems are secure. As a…