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Banks
Pakistan ‘s remittances remain up at $ 3 billion in July
Islamabad August 19,2024 : The State Bank of Pakistan (SBP) on Monday said the Workers’ remittances recorded an inflow of US$3.0 billion during July 2024.
It noted in terms of growth, during July 2024, remittances increased by 47.6…
SBP governor stresses need for skills in financial sector
Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, emphasized the importance of
developing skills and setting high standards for the financial sector in the country. He addressed the
audience at the launch ceremony of NIBAF…
SBP likely to cut policy rate next week after facing criticism from FPCCI, other stakeholders
KARACHI : The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) will meet on Monday, July 29, 2024 to decide about Monetary Policy. Governor SBP, Mr. Jameel Ahmad will announce the Monetary Policy decision at a press…
Raqami Islamic Digital Bank selects BenchMatrix for implementation of RiskNucleus® anti-money…
Karachi, Pakistan:1st July 2024 – Raqami Islamic Digital Bank, one of the most prominent upcoming Islamic digital banks in Pakistan, has selected BenchMatrix’s proprietary solution, RiskNucleus® as its Anti-Money Laundering (AML)…
Banks to remain closed on July 1
Karachi : June 28,2024 : The State Bank of Pakistan will remain closed for public dealing on July 1, 2024 (Monday), which shall be observed as Bank Holiday. All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the…
SBP celebrating MSMEs Day on June 27
KARACHI : June 26, 2024: On the occasion of the United Nations day on Micro, Small, and Medium-sized Enterprises (the UN
MSMEs Day), the State Bank of Pakistan (SBP) will organize an MSMEs seminar on Thursday, June 27,
2024. The seminar…
Faysal Bank wins ‘best digital API’ at Pakistan Digital Awards 2024
Karachi : Faysal Bank Limited (FBL)’s WhatsApp Banking Application has been honoured with the ‘Best Digital API’ Award at the Pakistan Digital Awards 2024. FBL’s WhatsApp Banking offers industry-leading User Interface (UI) and User…
Banks to remain closed for three days for Eidul Azha
Karachi : June 13 ,2024: The State Bank of Pakistan will remain closed from 17th to 19th June, 2024 (Monday to Wednesday)
being public holidays on the occasion of Eid-ul-Adha.
SBP directs to bank to go for digital solutions for supply chain finance
KARACHI : The State Bank of Pakistan (SBP) has issued instructions to banks to develop and implement digital solutions for
supply chain finance within six months to leverage the technology for increasing the SMEs’ access to
finance as…
Faysal Bank inaugurate s new regional head office & flagship branch in Multan
Multan, May 16, 2024 – Faysal Bank Limited (FBL) Pakistan’s fastest growing Islamic bank, inaugurated its Multan Regional Head office building, including a flagship branch for its Priority customers.
On the occasion, Mr. Yousaf Hussain,…
