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What is Branch Licensing Policy Overview about?

The document outlines the Branch Licensing Policy of the State Bank of Pakistan regarding opening new branches and other places of business for banks, development financial institutions, microfinance banks, and Khushhali Bank. Key points include: - Institutions must submit an Annual Branch Expansion Plan by October 31 for approval to open new branches the following year. At least 20% of new branches must be in rural/underserved areas. - Various criteria are considered when evaluating expansion plans, inc

Author

ma_sadam

Language

EN