Microfinance banks allowed to treat gold as eligible collateral with 0% risk weight for Capital Adequacy Ratio calculation

Karachi, June 02, 2011 (PPI): State Bank of Pakistan says Microfinance Banks are allowed to treat gold as eligible collateral with 0% risk weight for calculation of Capital Adequacy Ratio.

All other instructions on the subject shall however remain unchanged, says a SBP circular to Presidents, Chief Executives of all Microfinance Banks.