Stabilising economic activity is a significant task for the central bank of Pakistan, which should devise a plan for banks to ...

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $152 million to $11.097 billion due to external debt repayments during the week ended March 7, announced ...

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $152 million on a weekly basis, clocking in at $11.10 billion as of March 7, data released on Thursday showed. Total ...

In November, UBL submitted an offer to Silk Bank Limited for an amalgamation, aiming to merge Silk Bank into UBL. Following ...

The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank ...

KARACHI, Mar 10 (APP):State Bank of Pakistan (SBP), Monday, kept the policy rate unchanged at 12 percent taking inflation ...

KARACH: The State Bank of Pakistan will announce its second monetary policy of the current year on Monday (today).The ...

Samba Bank has decided to convert from conventional banking to a fully Islamic financial institution. The bank’s board has given in-principle approval for the transition. Now, it will submit its ...

The SBP spokesperson confirmed that all commercial banks, DFIs, and microfinance banks will follow revised schedule ...

The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 12% in its latest Monetary Policy Committee (MPC) meeting. The decision comes amid improving economic indicators, a ...

The State Bank of Pakistan (SBP) has approved the merger of Silk Bank Limited into United Bank Limited (UBL). This amalgamation will take effect on March 11, 2025. Both banks shared the news ...