State Bank of Pakistan (SBP)

The federal government has refused to accept the harsh conditions set by commercial banks for providing a new loan of Rs15 billion to the struggling Pakistan International Airlines (PIA). A…

Shafaqna Pakistan: The overall assets and deposits of the Islamic banking industry have shown growth of 30 percent and 27.8 percent, respectively, during CY2020. This is the highest increase in…

Shafaqna Pakistan: Borrowings from banks by private businesses is on the rise again, suggesting a gradual revival of confidence in doing businesses by local investors and pickup in economic activities,…

Shafaqna Pakistan: So far in the current financial year, Pakistan Stock Exchange is ranked fifth among the best performing markets in the world. Compared to the world’s best performing stock…

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government took over $13 billion in foreign loans in the previous fiscal year – the second highest amount in history – to repay maturing external…

KARACHI: The State Bank of Pakistan (SBP) on Friday allowed disbursement of wages and salaries for the month of July to be made before Eidul Azha under its Rozgar Scheme.…

ISLAMABAD:Prime Minister Imran Khan on Saturday approved, in principle, a set of recommendations to tap the potential of neglected sectors of the economy by lowering regulatory restrictions and digitising the…

Pakistan’s export of gems and jewellery has remained suspended for the past four months, partly due to ambiguity whether the 90-day extension given to exporters for receipt of payments against…