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SBP withdraws gold and cash collateral requirement for MFBs loans - 0 views

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SBP MFBs gold cash collateral requirement loans

shared by Halal Tamweel on 17 Sep 11 - No Cached

Halal Tamweel on 17 Sep 11

KARACHI: The State Bank of Pakistan (SBP) has withdrawn the general provision requirements for loans extended by Microfinance Banks (MFBs) against gold or other cash collateral. In case of all other loans, SBP has reduced the general provision requirement for MFBs by 50 basis points.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The State Bank of Pakistan (SBP) has withdrawn the general provision requirements for loans extended by Microfinance Banks (MFBs) against gold or other cash collateral. In case of all other loans, SBP has reduced the general provision requirement for MFBs by 50 basis points.</div>

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Inflation likely to reverse after SBP decision - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: The recent decision of State Bank of Pakisan (SBP) to bring flexibility in monetary stance could spur economic growth slightly but it is likely that inflation could again pick up its momentum due to expected increase in liquidity position, according to the Arif Habib research note.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The recent decision of State Bank of Pakisan (SBP) to bring flexibility in monetary stance could spur economic growth slightly but it is likely that inflation could again pick up its momentum due to expected increase in liquidity position, according to the Arif Habib research note.</div>

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Govt to announce SBP governor name today - 0 views

Riffat Mughal on 18 Oct 11

KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.</div>

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Pakistan's broad money (M2) grew by 15.89 percent - 0 views

Riffat Mughal on 26 Sep 11

KARACHI: Pakistan's broad money (M2) grew by 15.89 percent year on year (YoY) to Rs 917.961 billion during FY11 as against 12.46 percent YoY to Rs 640.015 billion in FY10, State Bank of Pakistan (SBP) provisional data revealed.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's broad money (M2) grew by 15.89 percent year on year (YoY) to Rs 917.961 billion during FY11 as against 12.46 percent YoY to Rs 640.015 billion in FY10, State Bank of Pakistan (SBP) provisional data revealed. </div>

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KMI lost 26.02 points - 0 views

Riffat Mughal on 30 Sep 11

KARACHI: The State Bank of Pakistan (SBP) intervention in the currency markets to stabilize rupee value would work well for the market on Friday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The State Bank of Pakistan (SBP) intervention in the currency markets to stabilize rupee value would work well for the market on Friday. </div>

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FDI falls to $21 million during August - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP).

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Foreign Direct Investment (FDI) continued its declining trend and went down to $21 million in the month of August against $91 million in the previous month, according to the latest data issued by State Bank of Pakistan (SBP). </div>

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FDI falls 49pct in July-Sept - 0 views

Riffat Mughal on 18 Oct 11

KARACHI: The foreign investment plunged enormously by 49 per cent to $236 million in the first quarter (Jul-Sep) of the current fiscal 2012, according to the latest statistics released by State Bank of Pakistan (SBP).

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The foreign investment plunged enormously by 49 per cent to $236 million in the first quarter (Jul-Sep) of the current fiscal 2012, according to the latest statistics released by State Bank of Pakistan (SBP).</div>

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Microfinance has potential to expand outreach: Hasnain - 0 views

Riffat Mughal on 24 Sep 11

KARACHI: Microfinance industry in Pakistan is a growing industry and it is currently serving approximately two million customers said Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Microfinance industry in Pakistan is a growing industry and it is currently serving approximately two million customers said Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan.</div>

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High paid-up-capital necessary for sound financial system says Hasnain - 0 views

Riffat Mughal on 24 Sep 11

KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.</div>

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