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Home / General / Global policy makers and practitioners laud SBP’s effort to advance women’s financial inclusion through Banking on Equality Policy
Global policy makers and practitioners laud SBP’s effort to advance women’s financial inclusion through Banking on Equality Policy
Karachi, February 23, 2021 (PPI-OT): In December 2020, State Bank of Pakistan launched its consultation process with different national and international stakeholders on its Banking on Equality Policy. A draft of the policy is available on SBP’s website https://www.sbp.org.pk/events/2021/BankingonEquality/Draft-Policy.pdf.The forthcoming Banking on Equality Policy will introduce a gender lens within the financial sector through identified pillars and set of specific measures to bring a shift towards women friendly business practices. Several focus group discussions have been held with a wide range of domestic stakeholders.
“Women are disproportionately excluded from accessing resources and opportunities,” the Governor of the State Bank of Pakistan (SBP), Reza Baqir, stated
Governor Baqir to moderate Consultative Dialogue on SBP’s Banking on Equality Policy hosted by World Bank
Karachi, February 21, 2021 (PPI-OT): The State Bank of Pakistan has developed a draft policy titled ‘Banking on Equity’, which aims to introduce a gender lens within the financial sector through targeted measures to bring a shift to women friendly business practices and to significantly increase women’s financial inclusion in Pakistan. This policy is currently in a public consultation phase and is expected to be launched shortly. SBP has held several Focus Group Discussions led by Governor SBP, Dr. Reza Baqir and Deputy Governor Sima Kamil with key stakeholders including government, financial institutions, regulatory bodies, academia, business federations, gender policy experts, civil society and women entrepreneurs.