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KARACHI (October 18 2008): The State Bank of Pakistan on Friday night while addressing the current liquidity crunch distress in the banking system announced that it is slashing the Cash Reserve Requirement (CRR) by 200 basis points (bps) and exempted the time deposits of 1 year tenor and above from Statutory Liquidity Requirements (SLR) with immediate effect.
Pakistan unveils $3.33b rescue plan (Asia News Network)
In a bid to infuse liquidity into the banking sector to overcome the liquidity crunch, the State Bank of Pakistan (SBP), the country’s central bank, has further reduced the cash reserve requirement (CRR) by 200 basis points (bps) to 6 per cent for all deposits on one year maturity and also fully exempted the time deposits of one year tenor and above from Statutory Liquidity Requirements (SLR) …
Eagle Bancorp Announces Quarterly Earnings and Declares Quarterly Cash Dividend (GlobeNewswire via Yahoo! Finance)
HELENA, Mont., Oct. 16, 2008 — Eagle Bancorp , the stock holding company of American Federal Savings Bank , reported a first quarter net loss of $100,000, or per share ( per share diluted), for the three months ended September 30, 2008, and declared a cash dividend of $0.255 per share.
Pakistan unveils $3.33b rescue plan (Asia News Network)
n a bid to infuse liquidity into the banking sector to overcome the liquidity crunch, the State Bank of Pakistan (SBP), the country’s central bank, has further reduced the cash reserve requirement (CR …..