The Chief Executives,
All Banks / DFIs.

NEW FPCCI MEMBER ON SBP COMMITTEE- SBP GUIDELINES ON
WRITE-OFF OF IRRECOVERABLE LOANS AND ADVANCES

Please refer to BPD Circular Letter No. 8 dated March 10, 2003 regarding constitution of “SBP Committee” for resolution of disputes under SBP’s subject Scheme.
2. In this connection it is advised that consequent upon resignation of Mr. Adil Mahmood, representative of FPCCI, as member of the Committee, Mr. Mahmood Ahmad has been nominated as representative of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on the Committee with immediate effect.
3. All other instructions on the subject shall remain unchanged.