2025-01-24 | BPRD Circular Letter No. 02

Added · Updated

Basel III Capital Framework: Treatment of FX Translation Reserves

Foreign Exchange Translation Reserves are treated as part of Common Equity Tier-1 (CET-1) Capital for all banks and development finance institutions. This treatment applies with effect from December 31, 2024. All other instructions on the subject remain unchanged.

State Bank of Pakistan logo

Pakistan

State Bank of Pakistan

Click to view full text

More like this from SBP

SBP published 6 documents in the last 30 days. We email you each new one the day it's published.

Topics
Share