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Pakistan’s central bank raises policy interest rate by 125 basis points to 15%
ByNNR July 7, 2022July 7, 2022

KARACHI, PAKISTAN: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to raise the interest rate by 125 basis points to 15 percent. In addition, as foreshadowed in the last monetary policy statement, the interest rates on…

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Wire

SBP to launch Asaan Mobile Account
ByNNR December 12, 2021December 12, 2021

KARACHI, PAKISTAN: The State Bank of Pakistan (SBP) will be launching a new initiative, Asaan Mobile Account (AMA) on Monday, December 13, 2021, a news release said. The initiative has been developed under the National Financial Inclusion Strategy with objective…

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