The Presidents/ Chief Executive Officers
All Microfinance Banks

Dear Sir,

Permission Regarding Receipt of Grants

In pursuance to clause 6 (x) of the Microfinance Institutions Ordinance 2001, all Microfinance Banks are advised to ensure obtaining prior permission from SBP before receiving any type of grants.

2. Any such requests and/or clarifications shall be addressed to Director, Agricultural Credit and Microfinance Department, State Bank of Pakistan, Karachi.

3. Please acknowledge receipt.