Search Results for 'SBP'

SBP injects Rs242.45bn into banking system

KARACHI: The State Bank of Pakistan (SBP) has injected over Rs242 billion into the money market as banks are facing liquidity shortage due to investment in the government securities. The central bank on Friday injected Rs242.45 billion [...]

Posted On : Jan, 21 2012 | Comments : 0

SBP to promote microfinance banking: Governor

State Bank of Pakistan Governor Yaseen Anwar has said that the central bank has laid down a detailed strategy to promote sustainable growth of the microfinance sector in its new Microfinance Strategic Framework 2011-15, which will foster [...]

Posted On : Dec, 03 2011 | Comments : 0

Branchless banking shows impressive growth: SBP

Branchless banking in Pakistan has shown an impressive growth in the first quarter of current fiscal year. According to the publication, branchless banking would prove a game-changer in improving access of unbanked population to financial [...]

Posted On : Oct, 21 2011 | Comments : 0

SBP wants banking services for all

The State Bank of Pakistan (SBP) is committed to use all possible means to make the banking services accessible to all segments of the society. This was stated by Managing Director of SBP Banking Services Corporation Qasim Nawaz while ina [...]

Posted On : Sep, 26 2011 | Comments : 0

SBP amends regulations to expand outreach of branchless bank...

The State Bank of Pakistan (SBP) has amended the regulations for financial institutions to expand the outreach of branchless banking operation in the country, a statement said on Monday. “The SBP amended the existing branchless b [...]

Posted On : Jun, 22 2011 | Comments : 0

SBP urged to reduce banking spread

Banking sector should take necessary measures to strengthen the industrial sector. Banking spread has remained very high in Pakistan due to high mark-up rate which was hampering industrial growth while ensuring huge profits for the banks. [...]

Posted On : Jun, 16 2011 | Comments : 0

‘SBP to provide supportive policy for Islamic Banking’

The central bank is committed to provide an enabling and supportive legal, policy and regulatory framework for the development of the Islamic banking industry on sound footings in the country, said Yaseen Anwar, Deputy Governor State Ban [...]

Posted On : Feb, 11 2011 | Comments : 0

Banking sector to withstand modest shocks: SBP Governor

The banking sector in Pakistan has been able to withstand headwinds from weakening macroeconomic fundamentals since 2007. Although banks face increased credit risk, the overall sector is well placed to withstand modest shocks as they bui [...]