State Bank asks MFBs to report quarterly un-audited Capital Adequacy Returns
Karachi : State Bank of Pakistan SBP Wednesday advised all Microfinance Banks (MFBs) to report their quarterly un-audited Capital Adequacy returns to its Banking Surveillance Department as per reporting format prescribed in Annexure-A of Prudential [...]
SBP conversion rates
KARACHI, The State Bank of Pakistan on Wednesday announced the rates applicable for conversion into rupee of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon [...]
Condition to obtain succession certificate from legal heirs of deceased account holders valuing up to Rs 100,000 waived
Karachi, State Bank of Pakistan SBP on Tuesday waived condition of obtaining succession certificate from legal heirs in respect of unclaimed deposit refund of deceased account holders/ beneficiaries of instrument of Rs. 100,000 and below.
In [...]
State Bank renews status of ECAIs
Karachi, State Bank of Pakistan SBP has renewed status of External Credit Assessment Institutions ECAIs of both credit rating agencies M/s JCR-VIS Credit Rating Company Limited and The Pakistan Credit Rating Agency Limited operating in country [...]
SBP conversion rates
KARACHI, The State Bank of Pakistan on Tuesday announced the rates applicable for conversion into rupee of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon [...]
Condition to obtain succession certificate from legal heirs of deceased account holders valuing up to Rs 100,000 waived
Karachi : State Bank of Pakistan SBP on Tuesday waived condition of obtaining succession certificate from legal heirs in respect of unclaimed deposit refund of deceased account holders/ beneficiaries of instrument of Rs. 100,000 and below.
In [...]
State Bank amends instructions regarding Murabaha transactions’ invoices
Karachi : State Bank of Pakistan SBP Monday amended its earlier instructions with regard to obtaining invoices in name of bank in Murabaha transactions. IBD Circular No.2 of 2008 (Appendix-A- Essentials of Islamic Modes -Murabaha, sub clause [...]
State Bank launches new project on SME clusters survey in Pakistan
Karachi: State Bank of Pakistan SBP Monday launched a new project on clusters survey of 10 important Small & Medium Enterprise SME Clusters in the country. The object is to provide credible information base on key SME clusters, sub-sectors [...]
SBP conversion rates
KARACHI, The State Bank of Pakistan on Thursday announced the rates applicable for conversion into rupee of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon [...]
State Bank, ICIEC sign MoU to promote trade, investment in Pakistan
Karachi : State Bank of Pakistan SBP & Islamic Corporation for Insurance of Investment & Export Credit ICIEC, a member of Islamic Development Bank IDB Group, Monday signed Memorandum of Understanding MoU to cooperate in promoting trade [...]






