SBP raises minimum capital requirement for banks, DFIs
The State Bank of Pakistan (SBP) has raised the minimum capital requirement (MCR) for banks and development finance institutions (DFIs), setting it at Rs20 billion for locally incorporated banks, including the Islamic banking subsidiaries of banks, a
October 28, 2026 (MLN): The State Bank of Pakistan (SBP) has raised the minimum capital requirement (MCR) for banks and development finance institutions (DFIs), setting it at Rs20 billion for locally incorporated banks, including the Islamic banking subsidiaries of banks, and Rs10 billion for DFIs, with existing banks and DFIs required to meet the new levels by December 31, 2030. In a circular dated October 27, 2026...