Pakistan to get five digital retail banks
- 20-Sep-2023
KARACHI: The State Bank of Pakistan (SBP) on Wednesday awarded ‘in-principle approvals’ (IPA) to five digital retail banks in a bid to foster “innovation, financial inclusion and availability of affordable digital financial services”, ARY News reported. SBP Governor Jammel Ahmed awarded ‘in-principle approvals’ (IPAs) to the five proposed digital banks in a momentous ceremony at […]