Banks Approved Rs180BN Low Cost Housing Loans Rs180BN For Mera Pakistan Mera Ghar KARACHI: The State Bank of Pakistan (SBP) announced on Thursday, April 14, 2022, that banks approved Rs180 billion in loans under the Mera Pakistan Mera Ghar Scheme and disbursed Rs66 billion for affordable housing. According to a statement issued by the central bank, commercial banks received applications...
Faisalabad: SBP & Banks to Organize ‘Mera Pakistan Mera Ghar Mela’ The State Bank of Pakistan announced that commercial banks awarded rapid conditional clearance for house loans of PKR 7.4 billion during the First Mera Pakistan Mera Ghar 'Mela' hosted in Faisalabad. Banks received a resoundingly positive response at the Mera Pakistan Mera Ghar (MPMG) event. At the event, banks registered...
Prime Minister Imran Khan has announced the beginning of the Roshan Apna Ghar initiative. ISLAMABAD Senator Faisal Javed of the Pakistan People’s Party (PTI) has announced that Prime Minister Imran Khan would inaugurate the Roshan Apna Ghar initiative on Friday, August 24, 2021 PTI Senator Faisal Javed shared his thoughts on Twitter, writing, "On this Friday, insha'Allah, Prime Minister Imran Khan will...
FUNDS SENT BY OVERSEAS PAKISTANIS Prime Minister Imran Khan on Thursday said that funds sent by overseas Pakistanis through Roshan Digital Accounts, crossed $200 million yesterday. State Bank of Pakistan launched Roshan Digital Accounts. "The pace is accelerating," PM Imran said. " First $100 million came in 76 days. In addition, the next $100 million came in only 28 days." Moreover, calling them a...
STATE BANK OF PAKISTAN PREPARES State Bank of Pakistan is considering allowing people to open accounts at banks without physically visiting branches . They will do this through digital means like internet and mobile banking.Hence, without compromising customers’ due diligence. “Digital account opening…is the way forward,” State Bank of Pakistan (SBP) Governor Dr Reza Baqir said. He was hosting...
EXCHANGE RATE SYSTEM Pakistan's exchange rate is a "market-based exchange rate system" that follows supply and demand, but State Bank can not leave it entirely to the market, Raza Baqir said in his first press conference as State Bank of Pakistan (SBP) governor. 'So, if there is volatility, then the State Bank intervenes. You need to keep a close eye on the market. That is our regime, and we want to go...