SBP directs banks to install bio-metric system till Dec 31

SBP directs banks to install bio-metric system till Dec 31

KARACHI: The State Bank of Pakistan (SBP) has directed all micro finance banks to install bio-metric system in their branches till 31st December this year for scrutiny and verification of customers.

In a statement in Karachi today SBP said it will also help to check money laundering and terror financing.

SBP also directed to install Treasury Management System before June 30 next year.

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