Circulars/Notifications - Circulars/Notifications    

 BSD Circular No.18
Octobar 14, 2002 


 

The President(s),

Micro finance Banks/Institutions/Khushhali Bank

 

Dear Sirs,

PRUDENTIAL REGULATIONS FOR MICRO FINANCE BANKS/INSTITUTIONS

In exercise of the powers conferred under the Khushhali Bank Ordinance 2000 and Microfinance Institutions Ordinance, 2001, the State Bank of Pakistan is pleased to issue the Prudential Regulations for Microfinance Institutions/Banks with the objective to ensure that the MFIs/MFBs operate in a safe and prudent manner. The Regulations have been developed after active consultation with the domestic as well as international Microfinance Practioners/Experts/Consultants to ensure their responsiveness with the very nature of business of MFIs/MFBs. These Regulations shall be applicable on operations of Microfinance Banks / Institutions, including Khushhali Bank, and shall come into force with immediate effect. These will replace the existing Microfinance Bank Rules, 2000 circulated vide BSD Circular No. 29 dated October 13, 2000.

Please acknowledge receipt.

 

Encl: Prudential Regulations for MFIs/MFBs

Yours faithfully,
Sd/-
(Jameel Ahmad)
Director

Back to Circular Page / Home Page

       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws, Legislations & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.