Roshan digital accounts gains historic $1bn inflow
The foreign exchange inflows through Roshan Digital Account (RDA) surpassed the $1 billion mark creating space for the architects of ...
Tag: State Bank of Pakistan
Govt. hoists Rs708 Billion cuts yields on T-bills
The bid pattern shows that investors are also keen on investing in the short-term T-bills. The government raised the highest ...
Rupee weakens as opposed to Dollar
On Tuesday, The rupee weakened against the US dollar at Rs152.98 in the inter-bank market compared with Monday’s close of ...
Auto-financing hits all-time high of Rs285bn
High demand from consumers took auto-financing to a record high of Rs285 billion during March, an increase of 30 percent ...
FDI drops by 35 percent within nine months
On Monday, According to the data issued by the State Bank of Pakistan (SBP), the FDI fell by 35.1pc to ...
HBL rumored to acquire Silkbank’s consumer holdings
On Thursday, Silk bank had initiated negotiations for a deal with Habib Bank Ltd , the country’s largest commercial bank, ...
Net-profit deluge surpasses $1 billion; 8MFY21
The outflow of profits and dividends on foreign investment crossed $1 billion during the first eight months of the current ...
The aim of digital banking still a desire
The issue of the central bank’s independence and its possible impact has diverted the intentions of many people especially prime-time ...
Pakistan: 30% growth in Islamic Banking
On Wednesday, the State Bank of Pakistan released reports on the overall deposits of the Islamic banking industry have also ...
Current Account slippage shrinks to 75%
In February 2021, According to the Central bank, Pakistan's current account slippage – the difference between the county's higher foreign ...