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.