Press Releases     2009     Pakistan’s Financial Sector demonstrates strong resilience: SBP Report PRI-PIA alliance to help boost remittance inflows through banking channels: Shaukat Tarin Risk-based CAR of banks improves to 14.3% by end-September: SBP Report State Bank to introduce electronic bond trading platform early next year: Salim Raza SBP Governor Salim Raza highlights role of Microfinance institutions in poverty alleviation SBP arranges Awareness Programme on Islamic Banking E-payments grow to Rs 3.9 tln in first quarter of FY10 Islamic banks' assets grow to Rs 323 billion till September 2009: SBP Governor Salim Raza Monetary Policy Decision-November 2009 SBP ensures sound financial system in challenging economic times: Salim Raza SBP to facilitate establishment of Infrastructure Development Bank, Mortgage Refinance Company: Salim Raza Agricultural credit disbursement rises over 9% to Rs 62.839 billion in first four months of FY10 SBP will continue to ensure ample liquidity for export-oriented sector: Salim Raza SBP, PTA to introduce unified regulatory framework for enhancing mobile banking in Pakistan Two new Directors Nominated on SBP Central Board SBP launches new agricultural financing Scheme for affected areas of NWFP, FATA State Bank launches Refinancing Facility for Modernization of SMEs Economy showing gradual recovery, likely to achieve GDP growth target for FY10: SBP Annual Report Salim Raza Underscores Need for Effective Regulation of World's Financial System Banking Sector Review Report Tremendous potential exists for branchless banking: Salim Raza Remittances rise over 22% to record $806.12 million in September 2009 All field offices of SBP BSC to issue Rs 10/= Commemorative Coin from 1st October State Bank's Policy Rate to remain unchanged at 13 percent Agricultural credit disbursement rises 5.74% to Rs 30.40 billion in first two months of FY10 SBP issues fresh currency notes worth Rs 75.91 billion during Ramazan SBP making all out efforts to provide fresh currency notes to general public Prof. Levine highlights importance of macroeconomic models in monetary policy formulation Deserving students to get over Rs 192 million as interest-free loans Remittances rise 31.78% to record $780.53 million in August 2009 SBP extends suspension of license of M/s Zarco Exchange Company State Bank Facilitates General Public in Obtaining Fresh Currency Notes During Ramazan-Ul-Mubarak Agricultural credit disbursement rises 19% year-on-year to Rs 17.847 billion in July 2009 Salim Raza hopes country's exports will improve in near future Provisioning of UPS Electrical Power and Network Infrastructure with Material & Workmanship SBP sets indicative target of Rs260 billion for agricultural credit disbursement in FY10 SBP Governor's Press Statement Salim Raza announces cut in key policy rate to 13%, unveils monetary management initiatives Independence Day Release Salim Raza stresses need for reforms to promote entrepreneurial culture State Bank suspends license of an Exchange Company SBP Governor prods commercial banks to increase credit disbursement to private sector Agricultural credit disbursement rises over 10% year-on-year to Rs 233.01 billion in FY09 SBP agrees to provide Rs 215m under ISF for strengthening microfinance institutions Pakistan receives record $7.811 blnworkers' remittances in FY09 SBP Governor leaves for New York Agricultural credit disbursement rises over 9% to Rs 202.105 Bln in first 11 months of FY09 Govt. & SBP Committed to Maintaining Macro Economic Stability: Syed Salim Raza State Bank Committed to Develop & Diversify Financial Sector to Spur Economic Growth: Syed Salim Raza Remittances rise almost 20% to $7.076 Bln during first 11 months of FY09 Salim Raza urges corporate sector to introduce more transparency in governance SBP working to develop secondary housing mortgage market: Kamran Shehzad Pakistan’s economy shows signs of improvement but weaknesses remain: SBP Report Pakistan’s banking industry continue to remain resilient despite economic downturn: SBP Report Banking industry has great potential for further investment: Salim Raza SBP, Govt. aim to bring level of poverty to single digit by 2015: Deputy Governor Agricultural credit disbursement rises around 11% to Rs 174.778 Bln in first ten months of FY09 SBP Governor stresses the need for development of capital markets State Bank directs all banks to ensure basic banking facilities for IDPs Slowdown in globalization to affect emerging markets: Salim Raza SBP-BSC organizes workshop on agricultural finance SBP, banks to receive donations for Prime Minister’s Special Fund for Victims of Terrorism Remittances rise over 19% to $6.355 Bln during first 10 months of FY09 SBP to issue banknotes with Syed Salim Raza's signature from May 15, 2009 Salim Raza announces reduction in SBP policy rate to 14% on positive inflation outlook Emerging economies should spur growth to weather global financial crisis: Salim Raza SBP Revises Paid-up Capital Requirements for Banks Pakistan's banking industry has tremendous potential: Salim Raza Pakistan receives record $739.43 million remittances in March Banks Urged to Adopt Effective Tools for Galvanizing Home Remittances Salim Raza Says Rs 42 Billion Available to Banks for Export Financing Economy Shows Signs of Improvement as Fiscal Discipline Improves: SBP Report Banks resilient enough to cope challenges under strong oversight: SBP Report SBP taking several initiatives to boost SME financing: Salim Raza Agricultural credit disbursement rises over 8% to Rs 130.342 Bln in first eight months of FY09 Mr Muhammad Kamran Shehzad appointed Deputy Governor, State Bank of Pakistan Remittances rise over 19% to $4.919 Bln during first eight months of FY09 State Bank to launch Special Pilot Project to improve access of agri credit on fast track: Salim Raza Salim Raza asks commercial banks to increase SME financing SBP Deputy Governor urges IBIs to increase their outreach Agricultural credit disbursement rises over 11% to Rs 116.777 Bln in first seven months of FY09 SBP Measures Helped Create Rs 360 Billion Liquidity for Banking System: Raza Remittances rise over 18% to $4.277 Bln during first seven months of FY09 SBP Deputy Governor urges banks to follow risk management fundamentals in letter and spirit SBP issues Guidelines on Islamic Financing for Agriculture State Bank to issue Monetary Policy Statement on quarterly basis Agricultural credit disbursement rises over 10% to Rs 99.448 Bln in first half of FY09 SBP issues operational guidelines for credit card business Pakistan receives record $673.50 million as workers remittances in December 2008 MTB Q3 Auctions not to cause Liquidity Crunch Syed Salim Raza takes over as Governor State Bank of Pakistan SBP Governor's Statement

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