Attention of all Exchange Companies is invited to the instructions contained in Para (3), Chapter (3) of the Exchange Companies Manual whereby Exchange Companies are required to maintain 25 percent of Paid-up Capital as Statutory Liquidity Reserve (SLR) with the State Bank of Pakistan (SBP). The amount of SLR may be kept in current account maintained with SBP as well as invested in unencumbered approved government securities through SBP’s Subsidiary General Ledger Account (SGLA) facility.
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