
SBP Ends Deposit Rate Guarantee, Banks Eye Billions in Extra Profits
KARACHI: The State Bank of Pakistan has scrapped the minimum deposit rate requirement on trusts, private limited companies, and individual accounts holding more than Rs10 million, freeing banks to price roughly Rs4.5 trillion in deposits however they see fit. A fresh central bank circular removes the last leg of a rule that once forced banks ... Read more
Read more


