Tag Archives: SBP

Normal Office Timings

Karachi, August 03, 2020 (PPI-OT): The State Bank of Pakistan will revert to normal office timings as mentioned below from Monday, August 3, 2020: Monday to Thursday: 9:00 a.m. to 5:30 p.m. (with prayer / lunch break from 1:30 p.m….

State Bank of Pakistan will remain closed from 31st July to 2nd August, 2020 on the occasion of Eid-ul-Adha

Karachi, July 28, 2020 (PPI-OT): The State Bank of Pakistan will remain closed from 31st July to 2nd August, 2020 (Friday to Sunday) being public holidays on the occasion of Eid-ul-Adha. For more information, contact: Chief Spokesman, State Bank of…

Salaries can be disbursed under Rozgar Scheme Before Eid-ul-Azha: SBP

Karachi, July 27, 2020 (PPI-OT): State Bank of Pakistan (SBP) has allowed the disbursement of wages/salaries for the month of July before Eid-ul-Azha under its Rozgar Scheme. Earlier, the banks were required to disburse salaries according to the cycle of…

SBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

Karachi, July 22, 2020 (PPI-OT): State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies. In light…

State Bank of Pakistan reduces markup rate to 5 percent on refinance schemes for investment and introduces other enhancements

Karachi, July 08, 2020 (PPI-OT): Taking cognizance of the negative fallout of COVID-19 Pandemic for the economy, State Bank of Pakistan (SBP) has been constantly taking steps to safeguard the businesses and households and a reduction in the policy rate…

State Bank enhances scope and financing limits under its Rozgar Scheme

Karachi, May 11, 2020 (PPI-OT): Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders, making the scheme more facilitative …