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Public Holiday

Karachi, March 20, 2023 (PPI-OT):The State Bank of Pakistan will remain closed on 23rd March, 2023 (Thursday) being public holiday on the occasion of “Pakistan Day” as declared by the Government of Pakistan. For more information, contact: Chief Spokesman, State Bank of Pakistan (SBP) Central Directorate I.I. Chundrigar Road, Karachi,

The Last Date for Encashment of Withdrawn Prize Bonds Extended

Karachi, March 15, 2023 (PPI-OT): The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the government had fixed deadline of June 30, 2022, for redemption/encashment of these prize bonds, however,

Press Release of Workers’ Remittances in February 2023

Karachi, March 11, 2023 (PPI-OT): Workers’ remittances recorded an inflow of US$ 2.0 billion during Feb 23. During Feb 23, remittances increased by 4.9 percent on m/m. On y/y basis, remittances decreased by 9.5 percent. With cumulative inflow of US$ 18 billion during first eight months of FY23, the remittances

Governor SBP inaugurates New Building of SBP BSC Sialkot Office

Karachi, March 09, 2023 (PPI-OT): Governor State Bank of Pakistan, Mr. Jameel Ahmad today inaugurated the new building of State Bank of Pakistan, Banking Services Corporation (BSC) in Sialkot. The inauguration of this new building will enable BSC to meet the growing needs of the stakeholders in the region for

Monetary Policy Announcement 

Karachi, February 28, 2023 (PPI-OT):The Monetary Policy Committee of SBP will meet on Thursday, March 2, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the same day. For more information, contact: Chief Spokesman, State

The Last Date for Encashment of Withdrawn Prize Bonds Extended 

Karachi, February 15, 2023 (PPI-OT):The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the government had fixed deadline of June 30, 2022, for redemption/encashment of these prize bonds, however, considering

Workers’ Remittances in January 2023

Karachi, February 13, 2023 (PPI-OT):Workers’ remittances recorded an inflow of US$1.9 billion during Jan 23. During Jan 23, remittances decreased by 9.9 percent on m/m and 13.1 percent on y/y basis. With cumulative inflow of US$ 16 billion during first seven months of FY23, the remittances decreased by 11 percent