State Bank of Pakistan (SBP)
Pakistan’s governor quits; deputy named interim chief
State Bank of Pakistan governor Syed Salim Raza resigns; deputy governor Yaseen Anwar named acting head
Pakistan cuts against Fund advice
State Bank of Pakistan cuts rates, against International Monetary Fund advice, as inflation slows
Interest rate corridor for Pakistan
State Bank of Pakistan to change its policy rate structure
Raza nominated to replace Akhtar
Saleem Raza, a former executive at Citigroup, has been nominated as the new governor of the State Bank of Pakistan, after the unexpected resignation of Shamshad Akhtar.
Pakistan lifts rates to stem crisis
The State Bank of Pakistan raised interest rates by 2% in an attempt to control inflation, which has spiralled to 25%.
Pakistan's Akhtar: inflation alert
High inflation is hurting Pakistan's competitiveness and eroding the purchasing power of the poor, said Shamshad Akhtar, the governor of the State Bank of Pakistan.
Inflation and fiscal deficit force Pakistan to act
The State Bank of Pakistan has raised its benchmark rate by a full percentage point to 13% in a bid to combat rampant inflation, and a worsening fiscal deficit.
Pakistan's plans consolidated supervision
Pakistan's central bank is moving towards a consolidated supervision system, said Shamshad Akhtar, the governor of the State Bank of Pakistan, in a speech detailing a ten-year strategy for the financial sector.
Pakistan raises rates 150bp
The State Bank of Pakistan hiked rates to 12% on Thursday.
Asia remains strong: Pakistan's Akhtar
The Asian economy will continue to perform well despite the recent global financial market turmoil, Shamshad Akhtar, the governor of the State Bank of Pakistan, predicted.
3rd Islamic banking conference in Karachi
The third international conference on Islamic Banking and Finance Risk Management, Regulation and Supervision will be held in Karachi during April 2008, according to an announcement by the State Bank of Pakistan.
Pakistan banking supervision move
The government of Pakistan is planning to take banking supervision away from the central bank and bring banks under the regulatory control of the Securities and Exchange Commission of Pakistan (SECP) through new legislation, the 'Financial Market…
Central bankers in Islamic FSB
The governor of the State Bank of Pakistan, Shamshad Akhtar, has been appointed deputy chairperson of the Islamic Financial Services Board (IFSB) for 2007.
Pakistan central bank's no-show in T-bill auction
Dealers in the Pakistani interbank market reported wild swings in short-term overnight interest rates on 27 November, triggered by the central bank's rejection of treasury market bids.
Ishrat Husain on the banks' write-off
In the speech 'An Analysis of the Banks' Write-off (1999-2003)' given on 26 July, Dr Ishrat Husain of the State Bank of Pakistan devoted his remarks to addressing the question of write-offs by Public Sector Banks/Development Finance Institutions (DFIs)…
Husain on State Bank Of Pakistan and Regulation
SPEECH - In the speech 'Regulatory Strategy Of The State Bank Of Pakistan' Ishrat Husain of the State Bank Of Pakistan said the two major determinants of functional efficiency of financial system are market structure and the regulatory framework and the…
SBP evolving Islamic finance model: Ishrat
The State Bank of Pakistan is striving hard to find a viable alternative to interest-free banking compliant with Sharia law, the Governor of the State Bank of Pakistan has said.
SBP describes economic growth rate as reasonable
PAKISTAN - The State Bank of Pakistan (SBP) has declared the 3.6 per cent growth of the economy as "reasonable" during fiscal 2001-02 due to various factors.
Pakistan State Bank directs banks to set up ATM's
PAKISTAN - State Bank of Pakistan has directed all the domestic banks either to establish at least two auto-cash telling machine (ATMs) or join the existing Switch Network to ensure payment of salaries to government employees through ATM system.
Increase in money returned by Pakistani's abroad
PAKISTAN - Remittances from Pakistanis living overseas more than doubled in the financial year that ended last month - their most robust growth for years, the State Bank of Pakistan said on Thursday.
President Pervez to visit State Bank Pakistan
PAKISTAN - President Pervez Musharraf will visit the State Bank of Pakistan on 9 March for a briefing on the economic situation, sources said on Friday.
Speech by Governor of the State Bank of Pakistan
SPEECH - In his speech Ishrat Hussain said that a full-fledged 'Islamic' bank would shortly start functioning in Pakistan to switch over to interest-free banking in the country as per the verdict of the Supreme Court of Pakistan.
Speech by Governor of the State Bank of Pakistan
SPEECH - In the speech by Ishrat Hussain he said that the economic policy makers have identified SME as one of the priority drivers of economic growth and employment in the country.
Speech by Governor of the State Bank of Pakistan
SPEECH - In the speech Ishrat Hussain said there are so many challenges ahead and "we have a lot more to do, and as events unfold in 2002, I'm sure the President and the elected government will make decisions that best suits Pakistan.