SBP Simplifies Foreign Financing for Startups In Pakistan
The State Bank of Pakistan has made it possible for startups to obtain loans in the form of “Convertible Debt” in order to help them raise funds from abroad. Convertible…
SBP
State Bank of Pakistan Launches Mobile App ‘Asaan Mobile Account’
The State Bank of Pakistan (SBP) has developed a mobile phone application ‘Asaan Mobile Account (AMA)’, enabling all users to make cross-country financial transactions. SBP Executive Director Syed Samar Hasnain…
SBP Sets New Regulations For QR Payment Standards
State Bank of Pakistan have announced a unification of QR Payment standards across Pakistan with new regulations set to ensure a seamless transition The State Bank of Pakistan (SBP) have…
International Digital Payment Platforms Can Now Enter Pakistan
International Digital Payment platforms can now enter Pakistani market as per the SBP regulation framework draft to facilitate national and international players working on digital payments instruments to acquire a license…
E-Governance Framework for Finance by SBP
The State Bank of Pakistan (SBP) has issued a draft framework on IT governance and risk management, which will work as instructions for banks and other financial institutions. Based on…
Instant Mobile Remittances now Available with JazzCash and WorldRemit Partnership
JazzCash has partnered with digital money transfer service WorldRemit have announced a partnership for instant mobile remittances to Pakistan for over 9 million Pakistani expatriates currently living abroad. Bryce Currie,…
