SBP
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SBP further eases housing finance | The Express Tribune
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[ad_1] KARACHI: The government has further relaxed the rules for housing finance and allowed individual buyers to obtain loans for residential units in projects under development. “In order to further facilitate buyers of housing units in under construction projects, the requirement of builder/ developer to avail construction financing is being relaxed,” said the central bank…
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SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the SBP were recorded at $16,806.5 million, down $289 million compared with $17,095.8 million on February…
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Foreign exchange: SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the SBP were recorded at $16,806.5 million, down $289 million compared with $17,095.8 million on February…
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SBP launches credit scheme for farmers | The Express Tribune
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[ad_1] KARACHI: Commercial banks must extend credit to farmers as per their potential and make it easier for them to acquire financing, said State Bank of Pakistan (SBP) Governor Reza Baqir. Speaking at the launch of Electronic Warehouse Receipt Financing for maize crop at Habibabad, Kasur on Tuesday, the governor emphasised that farmers would now…
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SBP to launch financing facility for maize crop | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) is all set to launch Electronic Warehouse Receipt Financing (EWRF) for maize crop on Tuesday, the central bank announced in a statement. At a ceremony to be held in Chunian tehsil, Kasur district, banks will sign system usage agreements to commence operations under the newly developed system.…
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SBP reserves fall $241m to $17.09b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank declined 1.4% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 11, the foreign currency reserves held by the SBP were recorded at $17,095.8 million, down $241 million compared with $17,336.8 million on February…
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Foreign exchange: SBP reserves fall $241m to $17.09b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank declined 1.4% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 11, the foreign currency reserves held by the SBP were recorded at $17,095.8 million, down $241 million compared with $17,336.8 million on February…
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SBP expands scope of Export Finance Scheme | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) has enhanced the scope of Export Finance Scheme (EFS) – both conventional as well as Shariah based, allowing exporters to obtain financing against their export proceeds through the discounting of export bills and receivables. According to a statement issued on Wednesday, the move is aimed at…
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SBP approves EMI licence for fintech | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP), in its efforts to enhance digital financial inclusion in the country, has approved the grant of Electronic Money Institution (EMI) licence to a financial technology firm. With the central bank’s approval, Hubpay became the first fintech in Pakistan to hold the EMI licence. Talking to The Express…
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Foreign exchange: SBP reserves soar $1.61b to $17.34b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank surged 10.23% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 4, the foreign currency reserves held by the SBP were recorded at $17,336.8 million, up $1,609 million compared with $15,727.6 million on January…
