Brokers see modest EPS boost for banks on SBP's removal of MDR floor above Rs10m
The State Bank of Pakistan (SBP) has removed the Minimum Deposit Rate (MDR) floor on high-value savings deposits, prompting Pakistan's leading brokerages to issue same-day research notes on July 7, 2026, assessing the earnings impact on listed banks.
July 07, 2026 (MLN): The State Bank of Pakistan (SBP) has removed the Minimum Deposit Rate (MDR) floor on high-value savings deposits, prompting Pakistan's leading brokerages to issue same-day research notes on July 7, 2026, assessing the earnings impact on listed banks. The revised rule, effective August 1, 2026, exempts individual savings accounts with average monthly balances above Rs10mn from the minimum-r...