State Bank of Pakistan Named Resolution Authority for Banks, MFBs, and DFIs Under New Amendments
State Bank of Pakistan has been officially designated as the resolution authority for banks, microfinance banks, and development finance institutions through amendments to the Banking Companies Ordinance 1962. The central bank has issued detailed resolution planning guidelines to strengthen financial stability and manage distressed institutions more effectively.
SBP issues guidelines on resolution planning and core data requirements for banks
The State Bank of Pakistan has released guidelines on core information requirements for resolution planning, directing banks to prepare detailed data sets for orderly management of distressed institutions and strengthening financial stability.
SBP Directs Banks to Submit Robust Recovery Plans to Safeguard Financial Stability and Prevent Failures
The State Bank of Pakistan has mandated all commercial banks to develop detailed recovery plans to manage financial stress, meet regulatory expectations, and ensure institutional stability under a new regulatory framework aligned with global standards.
State Bank of Pakistan Rolls Out Recovery Planning Framework to Strengthen Banking Sector Resilience
SBP introduces a regulatory framework on recovery planning to ensure banks in Pakistan are prepared for financial distress, aligning practices with global standards and reinforcing banking sector resilience.