Pakistan’s Anwar wants updated microfinance regulatory framework


Yaseen Anwar, the governor of the State Bank of Pakistan, on Friday said regulation of microfinance institutions would need to keep up with the recent growth experienced in the sector.

At the 5th Pakistan Microfinance Country Forum in Karachi, Pakistan, Anwar said: "Microfinance has come of age, and the sector needs to discontinue dependence on external catalysts and focus on improving its financial and operating performance by setting targets for borrowers, savers, portfolio quality and self

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