Friday, January 9, 2009

Posts Tagged ‘SBP’

Shamshad Akhter had not sought extension

Shamshad Akhter had not sought extension

Tuesday, December 30, 2008 11:46

The State Bank of Pakistan (SBP) Governor Dr Shamshad Akhter on Monday announced she had not sought extension of her office, paving way for banker S Salim Raza to take over the challenging job with the beginning ...

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SBP launches three microfinance development funds

SBP launches three microfinance development funds

Saturday, December 20, 2008 11:50

The State Bank of Pakistan has launched three key microfinance sector development initiatives comprising 'Microfinance Credit Guarantee Facility', 'Institutional Strengthening Fund', and 'Improving Access to Finance Services Fund', for growth and development of microfinance sector. These initiatives are ...

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Agriculture loans: SBP prefers groups to individuals

Agriculture loans: SBP prefers groups to individuals

Sunday, December 7, 2008 13:10

The State Bank of Pakistan (SBP) has asked all banks to extend agricultural loan to groups, instead of individual farmers, which would help the economy promote the culture of collective or co-operative farming. SBP in its annual ...

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100 percent export refinance to be provided

100 percent export refinance to be provided

Thursday, November 13, 2008 12:14

In order to further facilitate exports, the State Bank of Pakistan (SBP) on Wednesday announced willingness to provide 100 percent financing to banks, under Export Refinance Facility Part-II (ERF) and Long-Term Financing Facility, which will inject an ...

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SBP to provide refinancing to banks

SBP to provide refinancing to banks

Thursday, November 6, 2008 12:12

Governor State Bank of Pakistan, Dr. Shamshad Akhtar on Wednesday announced that the Central Bank will henceforth provide 100 percent refinancing to banks against export finance provided by them to exporters under Part?I of the Export Finance ...

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SBP intervention helps rupee rally

SBP intervention helps rupee rally

Monday, October 20, 2008 11:51

The State Bank of Pakistan (SBP) intervention helped the rupee recover to trade at 81.00 to the dollar by noon trade on Monday, compared with Saturday's closing at 82.80/83.00, dealers said. The rupee sank to a record low ...

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SBP ups limit for some govt debt in capital requirements

SBP ups limit for some govt debt in capital requirements

Tuesday, October 14, 2008 14:26

The State Bank of Pakistan (SBP) said on Tuesday it would raise the amount of Pakistan Investment Bonds and Term Finance Certificates that banks can use to meet their statutory limit requirement to 10 percent from 5 ...

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SBP is autonomous, but accountable to parliament: PM

SBP is autonomous, but accountable to parliament: PM

Tuesday, July 1, 2008 14:45

Prime Minister, Syed Yusuf Raza Gilani has said that the State Bank of Pakistan (SBP) was autonomous as well as accountable to the parliament. Addressing a conference on SBP 60th Anniversary here, Prime Minister, Syed Yusuf Raza ...

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