$3bn received from Saudi Arabia for BoP support

KARACHI: Pakistan Saturday received foreign exchange deposits worth $3 billion from Saudi Arabia for the… Read More

Renewable Energy Refinancing Scheme: SBP eases conditions for solution providers

KARACHI: To promote investment in renewable energy solutions by companies, the State Bank of Pakistan… Read More

TI-P wants probe against Pakistanis named in ‘leaks’

ISLAMABAD: Transparency International-Pakistan (TI-P) has urged Prime Minister Imran Khan to direct FBR to initiate… Read More

Profits, dividends: Foreign investors repatriate $396m in Jul-Aug

KARACHI: Foreign investors repatriated some $ 396 million on account of profit and dividend during… Read More

Eligible depositors: DPC enhances guarantee amount to Rs0.5m

KARACHI: The Deposit Protection Corporation (DPC) has announced enhancement in the guarantee amount for all… Read More

NPPMCL privatization: Debt structure to be aligned through debt-financing from banks: minister

KARACHI: Federal Minister for Privatization Mohammed mian Soomro said that federal government was in the… Read More

Unclaimed deposits: SBP-BSC given operational functions

KARACHI: The State Bank of Pakistan (SBP) has announced realignment of function for unclaimed deposits.… Read More

Pakistan’s fintech TAG gets $12mn funding at $100mn valuation

Pakistan’s fintech TAG Innovation Pvt. received $12 million from international investors, as it eyes to… Read More

SBP mandates banks to share five-day schedule of import payments

The State Bank of Pakistan (SBP) has mandated commercial banks to share a five-day schedule… Read More

CAD, inflation: Interest rate hiked by 25 bps to 7.25pc

Karachi: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced… Read More

Experts say hike aimed at ‘appeasing’ IMF

ISLAMABAD: The decision to raise the discount rate by 25 basis points may have been… Read More

Fitch Solutions sees real GDP growth at 4.2pc

ISLAMABAD: Pakistan’s economy is expected to record real GDP growth of 4.2 percent in the… Read More