All
Banks/DFIs
Dear
Sirs/Madam,
PBA
PANEL OF VALUERS
In terms
of Prudential Regulation VIII, the valuation of the realizable
value of the mortgaged/pledged assets is required to be
done by independent valuers listed on Pakistan Banks Association
(PBA)’s Panel of Valuers. The banks have been inquiring
whether valuation of their other assets is also required
to be done by the valuers listed on the panel of PBA.
The banks/DFIs are advised that all valuations/revaluations
of their assets e.g. their fixed assets shall be carried
out through any of the valuers listed on the PBA’s approved
Panel of Valuers.
All other instructions on the subject shall, however,
remain unchanged.
Please acknowledge receipt.