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SBP reviews
EDITORIAL: The State Bank of Pakistan (SBP) has increased the Minimum Capital Requirement (MCR) for new and existing banks operating in Pakistan by 100 percent. The reason cited by the SBP is the rising operating costs associated with establishing and running financial institutions on a sustainable basis. The MCR is a tool that ensures banks have sufficient liquid capital relative to their assets to remain solvent, and — equally importantly — to whether a potential financial crisis. In other words, it is designed to mitigate risks to depositors and support a stable financial system. Therefore,...
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