State Bank of Pakistan (SBP)
Pakistan central bank ‘implicitly’ introduced new policy framework ahead of time
State Bank of Pakistan reveals it ‘implicitly’ introduced a new framework for monetary policy before it was officially announced, to avoid ‘unnecessary volatility’ in money market
State Bank of Pakistan overhauling risk management, annual review says
Central bank is looking to improve its risk management approach, with work proceeding on an enterprise risk management system
Pakistan completes shift to new policy rate
New target rate and tighter corridor aims to improve the transmission of monetary policy; central bank slashes rates as inflation continues to fall
People: New deputy in Pakistan; BoE’s Cornish leaves PRA
State Bank of Pakistan promotes chief economic adviser; founding board member of the Prudential Regulation Authority steps down; Uruguayan governor and deputy confirmed; and more
State Bank of Pakistan mulls new target rate
New proposals aim to establish a new ‘target rate’ within the existing interest rate corridor; advisory committee on monetary policy will decide whether to adopt them next month
Pakistan targets automated cash management in five years
State Bank of Pakistan aims to automate cash management and urges commercial banks to follow suit; deputy governor says it will help ensure only clean and genuine notes circulate
State Bank of Pakistan slashes rates to decade low
Governor Ashraf Mahmood Wathra strikes upbeat note despite inflation falling significantly below target, as central bank cuts interest rates by 100 basis points
SBP annual report highlights ‘two phase’ year
Pakistan’s economy suffered turbulent spell in 2013, but IMF agreement saw a return to relative stability; central bank praises government for ‘long-awaited’ return to fiscal discipline
SBP annual report highlights year of ‘critical’ changes
Governor highlights major amendments to the State Bank of Pakistan’s operations that are currently being considered by Parliament; accounts show rise in both profits and governor’s salary
SBP launches shariah-compliant open market operations
Islamic banks in Pakistan will now have access to central bank liquidity operations; survey reveals strong demand for Islamic finance in the country, but coverage remains patchy
Pakistan governor sets out communications ‘revamp’
State Bank of Pakistan’s Wathra says the central bank will be updating its website to make it more ‘transparent’ as well as running workshops for local journalists
Wathra appointed Pakistan governor
Ashraf Mahmood Wathra joined the central bank as a deputy governor last year, and has now been handed a three-year term as governor
State Bank of Pakistan has 'critically low' reserves
IMF says Pakistan’s reserves position will remain critical even with ‘stellar’ programme adherence; urges changes to central bank law to boost independence
Pakistan looks to raise public profile of Islamic finance
The State Bank of Pakistan launches a five-year strategic plan to develop Islamic finance domestically and abroad; sets focus on improving public perception of the industry
Ben Bernanke joins Brookings; State Bank of Pakistan promotes deputy to acting governor
Bernanke, who left the Federal Reserve on Friday, will engage in ‘research and writing' at the Washington think-tank; State Bank of Pakistan deputy steps up after governor's departure
Pakistan governor resigns for ‘personal reasons’
Yaseen Anwar steps down from the State Bank of Pakistan top job after a family member suffers a serious injury; new deputy governor appointed to help grow the Islamic banking sector
Pakistan deputy wants new data protection laws for payments
Ashraf Mahmood Wathra welcomes the ‘innovative banking practices’ driving financial inclusion but says data protection must keep pace
Pakistan adds Basel III capital surcharge to allow for modelling shortfalls
State Bank of Pakistan outlines its Basel III capital requirements for domestic banks
Pakistani governor calls for 'concerted effort' to promote Islamic banking
SBP is launching media campaign to address misconceptions about Islamic finance
People: Bank of England names PRA board; Rwanda’s finance ministry and central bank swap chiefs
Bank of England names three board members for new prudential regulator; Claver Gatete switches National Bank of Rwanda governorship with finance minister John Rwangombwa; and more
Pakistan bank governor calls for deeper shadow bank participation
Yaseen Anwar identifies 'huge opportunities' for shadow banking to capitalise on; says NBFIs must face stronger regulation in tandem
People: State Bank of Pakistan’s board overhauled; RBI deputy’s term extended
State Bank of Pakistan receives five new directors; Reserve Bank of India deputy responsible for banking operations extends stay; and more
Pakistan says Nato pull-back worsened rupee depreciation
State Bank of Pakistan annual report finds closure of Nato supply lines to Afghanistan contributed to a 9.1% depreciation of the rupee against the dollar in fiscal 2011–12
Pakistan’s Anwar presents plan for financial system growth
Governor of the State Bank of Pakistan gives 10-point plan for growth in the financial system to boost the economy and improve the ‘potency’ of monetary policy