Relief in Cash Reserve Requirement For Banks

Sectoral Matter

Relief in cash reserve requirement for banks

Pakistan_Money_shutterstock_May20

Relief in cash reserve requirement for banks

In order to facilitate banking companies achieve the mandatory targets for financing housing and construction of buildings, some incentives in the Cash Reserve Requirement (CRR) are being considered by SBP. 

A draft circular on this matter was sent to PBA for comments.

The feedback received from PBA’s member banks on the proposed amendments in CRR requirements were sent to SBP on September 25, 2020.