STATE
BANK OF PAKISTAN
Slide 12
IX. Dealing with
non-performing loans … (cont.)
•CIRC set up to acquire
non-performing loans and dispose them
to third parties
•Guidelines issued for bank boards to write off old irrecoverable loans in loss category
•Joint
Creditor-borrower Committees in place to settle
and restructure potentially but sick viable industrial units
•NAB acting forcefully
against willful defaulters
FINANCIAL SECTOR REFORMS
