A meeting / information session was held between PBA CEO, Mr Tawfiq Hussain, and his team, along with officials of select banks from Risk, Corporate and Legal departments with the World Bank (WB) officials on January 20, 2021 in connection with collecting information from banks for Pakistan’s assessment of Insolvency and Creditor/ Debtor Rights (ICR).
The questionnaire prepared by WB to assess Pakistan’s non-performing loans (NPLs) and for enhancing access to finance was discussed during the meeting, following which, several suggestions on the questionnaire have been sent to the World Bank.