Tag: State Bank of Pakistan
BIPL sale controversy, SHC orders ‘status-quo’
Transfer of the majority shares and management control to JS Group put on hold as one entity cannot own two banks under the Pakistani law
SBP reserves fall $470 million
The foreign exchange reserves held by the State Bank of Pakistan further drop by $470 million on a weekly basis.The central bank’s reserves decreased...
Banks raise credit ceiling of OMCs
After the State Bank of Pakistan’s intervention, banks have agreed to increase the credit ceiling of oil marketing companies (OMC) to import petroleum products...
SBP jacks up paid-up capital to Rs100 billion
The State Bank of Pakistan has increased the paid-up capital (free of losses) benchmark from Rs100 million to Rs100 billion under the SBP Amendment...
Money Matters
Indicators suggest the Pak economy is on the upswing. But can that be sustained?
Steps in the Right Direction
It might be rough going in 2021, but the wheels of industry will continue churning
PSX — Standing Tall
“It is but a small wonder that today Pakistan’s stock market stands tall as the best performing market in Asia and the 4th best performing market in the world”
“Biggest Growth Engine”
Experts believe that the announcement of the unprecedented incentive package for the construction industry will open new opportunities for reviving the national economy.
Sold Down the River?
The IMF employs an outdated formula that hurts instead of helping economies at risk