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State Bank of Pakistan (SBP) issues final instructions for implementation of International Financial Reporting Standard, IFRS-9, in the Banking Sector

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SBP has issued final instructions on IFRS 9 for ensuring smooth and consistent implementation of the Standard in the banking industry, with revised implementation timelines. For banks having asset size of PKR 500 billion or above, as per their Annual Financial Statements, as of December 31, 2021, and for all the Development Finance Intuitions (DFIs), […]

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