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    Governor State Bank of Pakistan Dr Reza Baqir Salary

    Governor State Bank of Pakistan Dr Reza Baqir Salary

    The Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir, gets a monthly salary of Rs. 2.5 million, according to a document submitted to the Senate Secretariat by the Finance Division. In a…

    FINANCE
    Senate Finally Passes Controversial State Bank Amendment Bill

    Senate Finally Passes Controversial State Bank Amendment Bill

    The Senate has officially passed the State Bank of Pakistan Amendment Bill in a session in Islamabad today. The session was presided over by Senate Chairman Sadiq Sanjrani and the bill was presented by the…

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    State Bank to Issue New Licenses to 5 New Digital Banks

    State Bank to Issue New Licenses to 5 New Digital Banks

    The State Bank of Pakistan (SBP) will soon embark upon a journey toward an advanced banking system in the country by issuing licenses for setting up digital banks. In the first phase, the regulatory authority…

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    FBR decides to integrate foreign exchange dealers with Point of Sale system

    FBR decides to integrate foreign exchange dealers with Point of Sale system

    The Federal Board of Revenue (FBR) has decided to integrate the foreign exchange dealers with its Point of Sale (POS) system to keep an eye on the trading activities of the forex market. According to…

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    State Bank reports complete ban on cryptocurrency and related activities in Pakistan

    State Bank reports complete ban on cryptocurrency and related activities in Pakistan

    A committee headed by the deputy governor of the State Bank of Pakistan (SBP) has recommended a complete ban on cryptocurrency, saying that allowing it could lead to an outflow of foreign exchange and illicit…

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    Notice issued by FIA to popular cryptocurrency exchange Binance

    Notice issued by FIA to popular cryptocurrency exchange Binance

    The Federal Investigative Agency’s (FIA) Cyber Crime Wing said on Friday that it has issued a notice to an official from Binance, a popular cryptocurrency exchange, while investigating a multi-million dollar scam. The agency, seeking…

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    Sohni Dharti Remittance Program | Step by Step procedure to Register with sohni Dharti Program

    Sohni Dharti Remittance Program | Step by Step procedure to Register with sohni Dharti Program

    What is Sohni Dharti Remittance Program? According to the SBP, the program has been designed to incentivize Pakistani workers abroad to send remittances to Pakistan through banks and exchange companies. They will get reward points…

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    Hackers managed to steel Cash from National Bank of Pakistan ATM

    Hackers managed to steel Cash from National Bank of Pakistan ATM

    Hackers have stolen more than Rs. 5.8 million cash from an ATM of a branch of the National Bank of Pakistan (NBP) located in Pindi Bhattian, a city of Punjab’s Hafizabad district. According to details,…

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    State Bank to be granted autonomy as parliament passes amendment bill

    State Bank to be granted autonomy as parliament passes amendment bill

    The State Bank of Pakistan (SBP) is soon be granted autonomy as an amendment bill was approved in the parliament on Wednesday, bringing Pakistan a step closer to reviving the $6 billion International Monetary Fund…

    FINANCE
    State Bank of Pakistan launched module to promote Green Banking practices

    State Bank of Pakistan launched module to promote Green Banking practices

    The State Bank of Pakistan (SBP) has launched a module pertaining to the banking policy and regulations to enhance efficiency and promote Green Banking practices. In a statement, the central bank said: “Building upon its…