STATE
BANK OF PAKISTAN
Slide 3
I. Restructuring and
Privatization of public sector financial
institutions
•UBL, MCB, AL-Falah Bank, ICP, mutual funds have been privatized, HBL, IDBP, NIT in the process of privatization
•Major improvements in transparency, governance, credit culture and efficiency of NCBs (reduction in staff,
closure of branches, improved cost income
ratios)
•Closure, liquidation, mergers of Development finance Institutions have reduced the number to six from 12
FINANCIAL SECTOR REFORMS
