11th April, 2012
Export growth turns negative in July-March
Pakistan’s export of merchandise fell for the sixth consecutive month in March 2012, causing a higher than expected trade deficit.
10th April, 2012
SBP orders seizure of 12 RPP accounts
SBP has directed all banks to block operations of the12 rental power companies and submit information about accounts of eight important people.
8th February, 2012
SBP waives succession certificate condition
KARACHI, Feb 7: The State Bank as waived the condition of succession certificate for legal heirs in respect of unclaimed deposit refund of deceased account-holders or beneficiaries of instrument of Rs100,000 and below.
17th December, 2011
C/A deficit four times higher in 5 months
KARACHI, Dec 16: The current account deficit in the first five months was four times higher than the deficits recorded during the same period of last year, the State Bank reported on Friday.
12th December, 2011
Commercial bank assets higher
According to the weekly statement of position of all scheduled banks for the week ending November 25, deposits and other accounts of the scheduled banks increased in the current week and stood at
16th November, 2011
Number of small accounts shrinks: Bank deposits declining
KARACHI, Nov 15: High inflation and poor state of economy have led to a decline in the number of small account holders, said banking sources
10th May, 2011
Twitter user claims to name British stars who gag press
LONDON: A Twitter account had more than 35,000 followers by Monday after claiming to have revealed the names of British celebrities who have taken out…