Regulatory Alerts2026-02-04
Added · Updated
Methodology for Currency Exchange Company Ratings
The Pakistan Credit Rating Agency Limited (PACRA) issued this methodology to standardize credit ratings for Currency Exchange Companies operating under the State Bank of Pakistan’s regulatory framework. The document establishes a dual evaluation model that assesses qualitative governance and management factors alongside quantitative business and financial risks. It mandates strict operational benchmarks, including a minimum PKR one billion in paid-up capital, a 15 percent regulatory reserve held with the central bank, and daily foreign exchange exposure limits capped at 50 percent of minimum capital requirements.
Topics
Share