ISLAMABAD: To promote increased remittance inflows through official banking channels, the State Bank of Pakistan (SBP) has suggested performance-based incentives for banks and exchange companies. The deputy governor of SBP stated that the existing incentives, which are transaction-based, need to be changed to place a greater emphasis on performance during a recent meeting of the […]
Tag: SBP
SINDH GOVT ASKS SBP TO RECONSIDER REMOVING MOHENJO-DARO FROM CURRENCY NOTES.
The removal of the Mohenjo-Daro image on Pakistani banknotes has alarmed the Sindh government. In response, Syed Zulfiqar Ali Shah, Sindh’s Minister for Culture and Tourism, wrote a letter to the Governor of the State Bank of Pakistan (SBP). The decision to replace the image of the historic location on the 20-rupee note with the […]
LADIESFUND collaborates with State Bank for session on loans for women SMES
LADIESFUND, a women empowerment project of the tax-exempt charitable foundation Dawood Global Foundation, held a dynamic interactive and information session with the State Bank regarding their special loan scheme for women SMEs. More than 300 women registered for this seminar which was titled “LADIESFUND State Bank: Funding Buraqs,” in reflection of The Buraq Center by […]