Pakistan Banks' Association

Enhanced Partnership between PBA and NADRA to advance Digital Innovation
and fortifying Cybersecurity and Data Protection of the Banking Sector

Federal Minister for Finance & Revenue, Mr. Muhammad Aurangzeb visited the Pakistan Banks’ Association and met with the
Presidents & CEOs of the banking sector

Federal Minister for Finance & Revenue updated on the Banking Sector’s
Strategic Initiatives in Priority Sectors 30 July

Pakistan Banks’ Association (PBA), in partnership with the International Finance Corporation (IFC), arranged a workshop on the benefits
of green, resilient real estate investment, attended by participants from over 25 banks operating in Pakistan.

Pakistan Banks’ Association (PBA) and IFC Join Forces to Boost Green
Buildings in Pakistan| Wednesday, 5 June 2024

Pakistan Banks’ Association (PBA) held a meeting with the Federal Minister for Finance & Revenue, Mr. Muhammad Aurangzeb.
The meeting focused on enhancing support by the banks for the three key sectors of Agriculture, Small and Medium Enterprises (SMEs),
and Digital & Technology in Pakistan

Federal Minister for Finance & Revenue updated on Banking Sector’s

Strategic Initiatives in Priority Sectors

Delivering upon its commitment to further strengthen the financial sector against local and global trade risks,
Pakistan Banks’ Association (PBA) successfully conducted a training session on Trade-Based Money
Laundering (TBML) for member banks in Karachi.

PBA conducts Trade-Based Money Laundering (TBML) Training

Dr Shamshad Akhtar, Federal Minister for Finance, Revenue & Economic Affairs, Ahmed Irfan Aslam,
Federal Minister for Law & Justice (Minister for Climate Change & Environment Coordination),
and Akif Saeed, Chairman, SECP, visited the office of Pakistan Banks’ Association (PBA).

E-KYC Signing Ceremony

Pakistan Banks’ Association (PBA), on behalf of all its member banks, signed the project contract for the development
and execution of Pakistan’s first, blockchain based, national eKYC banking platform with the Avanza Group.

As per SBP’s directives, all our member banks have made arrangements to receive
idonations for flood relief at all their branches for the Prime Minister’s Flood Relief Fund,
Banks have also been advised to increase awareness regarding flood relief on all their media portals .

Donation for flood relief

The Pakistan Banks’ Association (PBA) has highlighted the effective and integral
role Pakistani banks play as Executing Agents and Collaborating Partners.

PBA highlights effective role of banks as
Executing Agents & Collaborating Partners

Chief Executive Officer, Pakistan Banks Association, Tawfiq Hussain, said the banking sector
is playing a vital role in the economic development of the country and is supporting major
initiatives of the government, the Federal Board of Revenue (FBR) and the State Bank of Pakistan (SBP).

PBA recommends FBR not to impose
any additional tax on the banking sector

LCH: Income estimation model:
Agreement signed between PBA and the Consortium of four entities – Aequitas Information Services Limited, Pakistan
Credit Rating Agency; Analytics (Private) Limited & Creditinfo . CEO, Tasdeeq, Mumtaz Syed (on behalf of the Consortium),
and CEO, PBA, Tawfiq Husain formalised the agreement at the HBL head office with President HBL / Chairman PBA,
Mr Muhammad Aurangzeb also present.

PBA’s members have reported a spike in cyber frauds once again,
prompting PBA’s second run of the campaign which began in print
, on TV, radio and social media for a two-week period.

PBA launches the second run of its
campaign against Cyber frauds

Objective

PBA’s main objective is to provide a common platform to banks and financial institutions (DFIs) regulated by State Bank of Pakistan, for the purpose of protecting their rights, privileges and interests and for the advancement of the banking industry.

PBA shares a common vision of progress and development with its members and represents them in matters concerning the regulatory bodies and other government departments.

PBA Executive Committee

The Executive Committee (EC) is the governing body of PBA, which comprises 14 CEOs of member banks and DFIs who are elected from amongst the members.

The Chairman of the Executive Committee is elected periodically within the EC.

PBA Executive Committee

Communication & Media

Campaigns

PBA's advertising campaigns address critical sectoral matters related to banking in Pakistan.

Awareness Messages

To spread crucial messages issued by regulatory bodies, PBA undertakes awareness campaigns under one umbrella on behalf of member banks.

Newsletters/Monthly Updates

Quarterly E-Newsletters and Monthly updates of activities are circulated amongst members to keep all stakeholders updated

PBA and Avanza jointly hosted delegates from 32 banks/FIs from across Pakistan at the ‘Project Kick-Off Ceremony of the National EKYC Platform.

We thank all participating banks’ leadership teams and delegates for their participation and for their commitment to the successful launch and roll-out of the first National-Scale Blockchain platform in Pakistan.

Awareness against cyber-related frauds, especially theft of customer information acquired via calls from fraudsters impersonating as officers of SBP or banks.

A public service message by the Pakistan Banks’ Association (PBA) in collaboration with the State Bank of Pakistan (SBP)