The State Bank of Pakistan (SBP) has directed all banks and DFIs to prepare their quarterly financial statement within 30 days of the end of the quarter to which they relate.
In a directive on Thursday, the SBP said that it has been decided that all banks and DFIs, including the branches of foreign banks operating in Pakistan, shall prepare their quarterly financial statements within 30 days of the end of the quarter to which they relate.
The quarterly financial statements shall also be circulated to the shareholders and an abridged version thereof published in the newspapers within the same (aforesaid) time.