SBP receives $1.3b from Chinese banks


Staff Reporter


The SBP has received $1.3 billion as loan disbursements from Chinese banks this week, the central bank announced in a post.
“SBP has received $1.3 billion as GOP loan disbursements from Chinese Banks this week. This brings the total amount of official inflows received since 23rd June 2020 to around $3 billion,” the bank said. Last week, the State Bank of Pakistan (SBP) annoinced that it had received one billion dollars – 500 million dollars each from the World Bank and the Asian Development Bank.