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Business

Web Desk Karachi
Feb 26, 2025

SBP aims for 75pc banking coverage by 2028, urges banks to expand credit to SMEs

Currently, approximately 74 percent of bank lending in Pakistan is allocated to well-established sectors, whereas a mere 5 percent is directed towards small and medium enterprises (SMEs).

Business

Web Desk
Jan 30, 2024

SBP adopts international standards to release new, redesigned banknotes

In a move to curb the proliferation of counterfeit currency, the State Bank of Pakistan (SBP) has announced the issuance of new and redesigned currency notes equipped with advanced security features.