Banking
The State Bank of Pakistan looks into many ranges of banking to deal with changes in the economic climate and different purchasing and buying powers. Here are some of the banking areas that the bank looks into:
- State Bank’s Shariah Board approves essentials and model agreements for Islamic modes of financing
- Procedure for submitting claims with SBP in respect of unclaimed deposits surrendered by banks/DFIs
- Banking sector supervision in Pakistan
- Microfinance
- Small and medium enterprises (SMEs)
- Minimum capital requirements for Banks
- Remittance facilities in Pakistan
- Opening of foreign currency accounts with banks in Pakistan under new scheme
- Handbook of corporate governance
- Guidelines on risk management
- Guidelines on commercial paper
- Guidelines on securitization
- SBP Scheme for agricultural financing
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Famous quotes containing the word banking:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)