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SBP chief for forming panel to promote digital financial services

Daily Times
April 1, 2021
Governor State Bank of Pakistan (SBP), Dr Reza Baqir has proposed to form a panel to propose recommendations to accelerate the agenda on promoting digital financial services in the country and support coordination in cross-cutting issues.
Dr Reza Baqir said this while chairing the fourth Stakeholders’ meeting on the Digital Financial Ecosystem, organised by the SBP, on Wednesday. He appreciated stakeholders’ support particularly the support extended to SBP by the World Bank, Federal Board of Revenue (FBR) and financial institutions in moving forward the drive for digital financial services. He briefed the forum about the significant progress made on Raast (Pakistan’s Instant Payment System) and developments on its integration with various government agencies to achieve scale. The developments include integration of banks and microfinance banks on Raast, signing of a memorandum of understanding with CGA to digitise government payments. Th ....

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Pakistan's Instant Payment System is Almost Ready: SBP Governor

Pakistan’s Instant Payments System is almost ready and will be launched soon, as indicated by the State Bank of Pakistan (SBP) Governor, Dr. Reza Baqir, ....

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Governor State Bank of Pakistan steers the third Stakeholders Meeting on Digital Financial Services

Governor State Bank of Pakistan steers the third Stakeholders Meeting on Digital Financial Services
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