Tag: Governor SBP
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FPCCI pens letter to Governor State Bank for opening of LCs
ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has written a letter to the Governor of the State Bank of Pakistan requesting the opening of LCs (Letters of Credit) and clearance of raw materials. In the letter, it is said that an emergency meeting should be called to resolve the issue of…
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Governor SBP unveils Asaan Mobile Account
Lahore: Governor State Bank of Pakistan, Dr. Reza Baqir, unveiled the Asaan Mobile Account (AMA) today in a launch ceremony held at SBP headquarters Karachi. AMA allows opening of a branchless banking account by dialing a simple code *2262# on a mobile phone. The account holder can then deposit money in his or her…