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A brief introduction on THREATS TO US DOLLAR’S DOMINANCE
SBP is looking for talented and energetic candidates for following positions based at Karachi: LEGAL SERVICES DEPARTMENT: Law Officer (OG-3) Legal Officer (OG-2) For complete details about eligibility criteria and to apply please visit: https://www.sbp.org.pk/careers/2022/Jul/LSD.htm INFORMATION TECHNOLOGY DEPARTMENT: System Administrator (Windows) (OG-3) System Administrator (Windows) on Contract System Administrator (Enterprise Backup and Recovery) on Contract … Read More “Excellent Career Opportunities at State Bank of Pakistan” »
The Faysal Bank Limited announced new Board of Directors (BoD) after conducting election on May 14, 2020. The election was conducted through in person voting, e-voting, postal ballot and through proxies. Every company is required to conduct election for Board of Directors pursuant to the Companies Act, 2017. The elected directors will serve Faysal Bank … Read More “Faysal Bank announced new Board of Directors (BoD)” »
NBP Advance Salary Loan facility is a personal loan facility extended by National Bank of Pakistan (NBP) to the salaried individuals for payment of personal needs & expenses. Further, NBP Advance Salary loan is NBP’s flagship Consumer Personal Loan Product and very popular as it contributes nearly 50% share in the personal loans category in … Read More “NBP Advance Salary Loan Facility – Guide” »
As per a press statement issued by SBP, all commercial banks / Development Financial Institutions (DFIs) have been advised to suspend payments of dividend for the two quarters ending March and June 2020. However, banks/DFIs that have approved dividend declaration for quarter ended March 2020 have been advised to suspend dividend distribution for June and … Read More “SBP advised Banks / DFIs to suspend dividend Payments” »
The State Bank of Pakistan (SBP) has announced a new Refinance Scheme called “Refinance Scheme for Payment of Wages and Salaries to the Workers and Employees of Business Concerns”. This scheme aims at supporting businesses affected by the coronavirus pandemic to ensure availability of funds at their disposal for payment of wages/salaries to their workers … Read More “What you need to know for applying under SBP`s Refinance Scheme for Wages and Salaries” »
SBP reduces Special Cash Reserve Requirement on FE-25 deposits by 5%