The State Bank of Pakistan (SBP) and the Islamic Corporation for Insurance of Investment and Export Credit (ICIEC) – a member of the Islamic Development Bank (IDB) Group – have signed a memorandum of understanding (MoU) to cooperate in promoting trade and investment in Pakistan.
The MoU, which was signed by SBP Governor Yaseen Anwar and ICIEC Chief Executive Officer Dr Abdul Rehman Taha at the SBP here on Monday, is aimed at establishing a basis for the exchange of information between the two entities on banking industry’s condition and operating performance and ICIEC exposure on banks operating in the country………………………………………..Full Article: Source