Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Sector Strategy (BSS) will also involve departments and agencies of the GOP, the SECP and ultimately all other stakeholders in the financial sector. The focus of the BSS is on the banking system, which presently constitutes the core of the financial system in Pakistan and is expected to remain the most important part of the financial system in the foreseeable future. The banking system is also of central importance for the monetary and financial stability responsibilities of the SBP. The strategy focuses on reforms that the SBP has the power and resources to implement or influence directly or support indirectly. URL:[http://www.sbp.org.pk/bsd/10YearStrategyPaper.pdf].