In order to include Microfinance Banks (MFBs) data in SBP’s periodic Payment Systems Review, it has been decided that MFBs shall submit the Payment Systems data as per attached Annexure (copy enclosed) on quarterly basis starting from quarter ending December 31, 2015.

2. The quarterly statements in this connection shall be due by 15 th of the month following the quarter to which it pertains. The first quarterly statement for October 01 - December 31, 2015 shall be submitted to PSD at [email protected] by January 15, 2016. The hard copies of the same with signature and seal shall be sent to Payment Systems Department, State Bank of Pakistan, Karachi.

3. For any assistance and clarification please contact Mr. Shoukat Bizinjo, Senior Joint Director (Email: [email protected] phone: 021-32453994).

4. Please acknowledge receipt.

Encl: MFBs PS Data.xlsx