SBP Designates UBL, HBL and NBP as Domestic Systemically Important Banks for 2026
SBP designates UBL, HBL and NBP as D-SIBs for 2026, requiring additional CET-1 capital buffers of 2.5%, 1.5% and 1% respectively from March 2027.
State Bank of Pakistan Launches Climate Stress Testing Guidelines for Banks and Financial Institutions
The State Bank of Pakistan has issued new climate stress testing guidelines requiring banks and financial institutions to integrate climate-related risk scenarios into their risk management frameworks. Implementation will be phased through 2029 to enhance financial sector resilience.