SBP Orders Banks and DFIs to Implement Pakistan Green Taxonomy for Green Banking Policies
The State Bank of Pakistan has instructed all banks and DFIs to adopt the Pakistan Green Taxonomy as the core framework for green banking policies, enhancing sustainable finance across the country.
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.