Tag Archives: Saudi Arabia extends term for $3bn deposit in SBP

The State Bank of Pakistan (SBP) announced on Friday that Saudi Arabia has extended its term for a $3 billion deposit in the central bank through the Saudi Fund for Development (SFD) in support of the country’s economy. According to a press release, the decision was an implementation of King Salman bin Abdulaziz Al Saud’s royal directives. In November last …

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