KARACHI ( WEB DESK ) SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State Bank of Pakistan (SBP) has launchedRead More →
SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion. KARACHI ( WEB DESK ) Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial system.Read More →
KARACHI ( WEB DESK ) The State Bank of Pakistan (SBP) has directed all banks to stop processing subscription payments for Indian Streaming Video on Demand platforms (SVOD). In a recent notification to the presidents and CEOs of all banks, electronic money institutions (EMIs), Payment System Operators (PSOs), and paymentRead More →
ISLAMABAD (WEB DESK) The State Bank of Pakistan has allowed overseas Pakistanis to open Roshan Digital Account in Euro currency as well. At the launching ceremony of Roshan Digital Account held at the Embassy of Pakistan Paris, on 18th August 2020, members of the Pakistani community in France asked forRead More →
KARACHI ( WEB DESK ) According to a Press Release dated 27th July issued by the State Bank of Pakistan, JS Bank once again topped the Rozgar Refinance Scheme processing and disbursement which supports the private sector for payment of wages and salaries leading to avoid lay off of employeesRead More →
ISLAMABAD (PRESS RELEASE) According to statistics from the State Bank of Pakistan (SBP), overall, the IT industry managed to export IT and IT-enabled services worth $540 million, seeing a paltry increase of $20 million compared to the exports figures of the same period last year. Pakistan’s IT industry has madeRead More →
Powered by Alipay’s blockchain technology, the service enables Pakistanis living in Malaysia to send money home instantly and securely through Telenor’s remittance service provider – Valyou. ISLAMABAD (PRESS RELEASE) Telenor Microfinance Bank, in partnership with Valyou of Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service, powered by industry-leading blockchainRead More →
ISLAMABAD (PRESS RELEASE) Following the recent news item about cyber-attack on major Pakistani Banks, the Federal Minister for IT & Telecom, Dr Khalid Maqbool Siddiqi has assured all out technical support to State Bank of Pakistan, to ensure protection of data and financial assets of the citizen of Pakistan. HeRead More →
ISLAMABAD (PRESS RELEASE) Rolling out a structured process to address major issues and challenges being faced by the IT and Telecom Industries to drive the socio economic agenda of the Government, Minister for Finance, Asad Umar chaired a high level meeting of GoP stakeholders at the Prime Minister’s Office. FocusRead More →
ISLAMABAD (PRESS RELEASE) State Bank of Pakistan and Karandaaz signed an agreement today under which Karandaaz will support State Bank’s efforts to create an enabling environment based on international best practices for digital banks. Karandaaz will provide technical assistance to the State Bank of Pakistan for formulating legal and regulatoryRead More →