Pakistan, Aug. 22 -- The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2026 in accordance with Framework for 'Domestic Systemically Important Banks (D-SIBs)' published in April 2018 and amended in December 2022.

The framework introduced by SBP is consistent with international standards and duly takes into account the local circumstances of the financial industry and economy. It specifies the methodology for the identification of D-SIBs, enhanced regulatory and supervisory requirements and implementation guidelines for D-SIBs. The enhanced requirements aim to further strengthen the resilience of systemically important banks against shocks and augment their risk management capacities.

Under the framewor...