Financial Updates

The blog "FINANCIAL UPDATES" consists on exclusive economic and commerce news about across the world particularly Pakistan economy

Wednesday, January 15, 2014

Deputy Governor to be appointed to promote Islamic Banking

The Spokesman of the Ministry of Finance has said that the Minister of Finance Senator Mohammad Ishaq Dar has decided to appoint another Deputy Governor in the State Bank of Pakistan to look after Islamic Banking as well as the banking sector in the country.

The new Deputy Governor will in addition to his own duties oversee promotion of Islamic Banking in the country, the Spokesman added.

This decision has been taken by Finance Minister Senator Mohammad Ishaq Dar to promote Islamic Banking in the country as well as further strengthen the State Bank of Pakistan in carrying out its regulatory duties.

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