State Bank

SBP records $13.3bn in remittance inflows for Jul-Jan FY20

SBP records $13.3bn in remittance inflows for Jul-Jan FY20

February 14, 2020

KARACHI: The State Bank of Pakistan (SBP) has reported an increase of 4% in remittances sent by overseas Pakistanis, with the current inflow totalling $13.3billion in the first seven months of the current fiscal year. Figures for the same time frame last year stood at $12.77billion. In January alone, the[...]
Queen Maxima lauds Pakistan’s progress in Fintech

Queen Maxima lauds Pakistan’s progress in Fintech

November 27, 2019

ISLAMABAD: Queen Maxima of Netherlands, who is serving as the United Nations Secretary General’s Special Advocate for Inclusive Finance for Development and is currently visiting Pakistan, extended appreciation for the country’s advancement in start-up tech and financial technology (Fintech) ecosystems. The dignitary met State Bank of Pakistan (SBP) Governor Reza[...]