SBP interest rate Archives

ICCI demands cut in SBP interest rate to revive economic activities The interest rate in China is 3.65%, Bangladesh 6%, India 6.5% but in Pakistan it is 20%, which is highest in the whole Asian region.

On: March 19, 2023

Tagged: Bangladesh 6%, China 3.65%, India 6.5 %, Islamabad Chamber, Sardar Tahir, SBP interest rate

ISLAMABAD (WEB DESK) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry (ICCI) has that the 20 percent benchmark interest rate in Pakistan is highest in the Asia, which is a major hurdle in promoting trade and industrial activities in the country and urged that the SBP should makeRead More →

RCCI Acting President resents on increase in SBP interest rate The business community was expecting that the interest rate would be reduced so that the wheel of the economy could flow.

On: November 26, 2022

In: Commerce and Industry

Tagged: mark-up rates, Rawalpindi Chamber, revival of business, SBP interest rate

RCCI Acting President Muhammad Hamza Sarosh resents on increase in SBP interest rate RAWALPINDI ( Web News ) The Rawalpindi Chamber of Commerce and Industry (RCCI) on Friday expressed reservations over the increase of 100 basis points in the interest rate by the State Bank of Pakistan (SBP) taking itRead More →