Federal Minister for Finance, Senator Mohammad Ishaq Dar has decided to appoint another Deputy Governor in the State Bank of Pakistan (SBP) to look after Islamic Banking as well as the banking sector in the country. The spokesman of the Ministry of Finance in a statement here on Wednesday said the new Deputy Governor will, in addition to his own duties, oversee promotion of Islamic Banking in the country.

This decision has been taken to promote Islamic Banking in the country as well as further strengthen the SBP in carrying out its regulatory duties.-PR

Recorder Report

Source: Business Recorder