E-banking transactions reach Rs. 7.6 trillion: SBP
February 20th, 2013 | Technology Times | No Comments
STAFF REPORT IBD: The value and volume of the overall e-banking transactions in Pakistan increased by 18.02 per cent and 11.31 per cent during Oct 2012 to Dec 2012) to reach Rs 7.6 trillion and 79.45 million respectively as compared to the first quarter, reveals the recent report of the State Bank of Pakistan. Overall 9,896 bank branches out of 10,523 now offer Real-Time Online Branches (RTOB) services across the country. The value and volume of RTOB transactions also increased by 18.82 percent and 14.29 percent respectively during the second quarter as compared to the previous quarter of the current fiscal year, the report added. The Payment Systems infrastructure in the country maintained an increasing growth trend during the second quarter of FY13 and 245 more Automated Teller Machines (ATMs) were installed by banks bringing the total number of ATMs in the country to 6,232, the report said.
Published in: Volume 04 Issue 08
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