News tagged with “state bank of pakistan”. Found:
102 tagged news reports.
Your Search Returned 102 tagged news reports
Pakistan takes a grip on money transfers
Karāchi :: Pakistan | about 20 hours ago
Credibility
In March, the Pakistani government, sensitive to the accusation that it was doing too little to monitor funds that could be used to fund terrorism, launched the Pakistan remittance initiative, or PRI. The measures foreseen by the PRI range from requiring...
Tags: Pakistan, Karāchi, Business Finance, State Bank of Pakistan, International economics, Government of Pakistan, Islamic banking, Hawala, Informal value transfer systems, Syed Ali Raza, Remittances, Bank AL Habib, Dawood Islamic Bank Limited, Human migration
Musharraf tamed SBP to win friends
Lahore :: Pakistan | 2 days ago
Credibility Although the State Bank of Pakistan (SBP) has certainly won a lot of notoriety for issuing its �infamous� BPD 29 Circular on October 15, 2002, besides being widely accused of acting in line with the wishes of the then Musharraf regime to write off bank...
Tags: State Bank of Pakistan, SBP Board of Directors, SBP Banking Policy Department, Pervez Musharraf, Pervaiz Musharraf, Dr Ishrat Husain, sbp governor, outstanding amounts, Nawaz Sharif, performing loans, Pakistan, Lahore, Pakistan Muslim League, Business Finance, Bank, Pakistani politicians, Nishan-e-Imtiaz, Punjabi people
45 scheduled banks lend
Lahore :: Pakistan | 2 days ago
Credibility While the net advances or total loans dished out by 8,343 local and foreign branches of the 45 scheduled banks in Pakistan till 2008 stand at approximately Rs 3.21 trillion, the provision and bad debts written off by these institutions currently rest...
Tags: scheduled banks, loans amounting, State Bank of Pakistan, bad debts, till date, debts written, public sector, account holders, sector account, Pakistan, Lahore, Subprime crisis impact timeline, Stock market crashes, Business Finance, Bank, Economy of Pakistan, Subprime mortgage crisis, economics
Wilful loan defaults
Lahore :: Pakistan | 3 days ago
Credibility The State Bank of Pakistan directives that formed the basis of this heist lacked moral authority and were simply the abuse of so-called discretionary powers of senior bank executives and the Board of Governors. The state-owned National Bank of Pakistan,...
Tags: State Bank of Pakistan, National Bank of Pakistan, written offs, loans defaults, Pakistan, Lahore, Default, Business Finance, Pervez Musharraf, GMAC
Pakistan's External Balances Improve; Rupee Stabilises
Islamabad :: Pakistan | 3 days ago
Credibility Pakistan�s external balances are improving, on the back of which its currency seems to be stabilising. The current account deficit, or CAD, narrowed 84 per cent to $1.071 billion during July-October, the first four months of the current fiscal 2010,...
Tags: external balances, ISLAMABAD � Pakistan, State Bank of Pakistan, Dubai, billion compared, UAE, SBP, balances improve, Pakistan, Islamabad, Business Finance, Economy of Pakistan, Pakistani diaspora, Development, Remittances, Human migration
NWFP to shift BoK management control to private sector
Peshawar :: Pakistan | 5 days ago
Credibility Bank of Khyber (BoK) to the private sector to improve its operating status and overcome the losses it faces due to non-performing loans and other non-profiting assets. Sources told The News that the provincial government was also planning to inject over...
Tags: private sector, managing control, NWFP, performing loans, bok managing, provincial government, Pakistan, Peshawar, Primary dealers, Politics, Bank of Khyber, Business Finance, Hang Seng Index Constituent Stocks, Bank of Mongolia, DBS Bank, State Bank of Pakistan
Forex reserves decline to $13.72 billion
Karāchi :: Pakistan | 6 days ago
Credibility Pakistan’s foreign exchange reserves declined to $13.72 billion during the week that ended on November 28, as compared to $13.90 billion the previous week, the State Bank of Pakistan said on Thursday. Reserves held by the SBP stood at $10.135 billion,...
Tags: State Bank of Pakistan, Dubai, Pakistan, Karāchi, Business Finance, United Arab Emirates, Foreign exchange reserves, Persian Gulf, Economy of Pakistan, International economics, Pakistani diaspora, International Monetary Fund, Remittance, International development
Silkbank board approves right share issue
Karāchi :: Pakistan | 7 days ago
Credibility The Silkbank board of directors has approved injection of the fresh capital into the bank through a right share issue at a discount of Rs7 a share to meet the minimum paid-up capital requirement of the State Bank of Pakistan (SBP). The bank announced...
Tags: right share, Pakistan, Karāchi, Capital requirement, Business Finance, State Bank of Pakistan, Banking
SBP allows MFBs to accept deposits at Booths
Karāchi :: Pakistan | 10 days ago
Credibility However, account opening and issuance of account number and other formalities including Know Your Customer (KYC) and Customer Due Diligence (CDD) shall be performed by the controlling branch (not by the permanent booth), said the circular. Previously...
Tags: permanent booths, Pakistan, Karāchi, Booths, Microfinance, Business Finance, Bank, State Bank of Pakistan, Know your customer
Task force on ICT submits IT policy to planning commission
Islamabad :: Pakistan | 12 days ago
Credibility The final document on first-ever-five-year Information Technology (IT) policy document has been submitted to the Planning Commission of the government of Pakistan, said Salim Ghauri, Chairman of the Task Force on Information Technology and Communication...
Tags: State Bank of Pakistan, Pakistan Software Export Board, plan commission, ICT, PSEB, I.T, DG Planning Commission, policy document, Pakistan, Islamabad, Business Finance, Government of Pakistan
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