NOTIFICATION

In exercise of the powers conferred upon State Bank of Pakistan (SBP) under the Microfinance Institutions Ordinance No. LV of 2001, the microfinance bank license No. MFI-022 dated March 27, 2017 issued to Telenor Microfinance Bank Limited stands cancelled with effect from January 23, 2025 consequent upon granting of Digital Retail Bank License under Section 27 of the Banking Companies Ordinance 1962.