Business & Finance Print edition: 2024-02-13

SBP cancels EC’s licence

Published February 13, 2024 Updated February 13, 2024 05:59am

1 min

By Recorder Report

Add BRecorder as a trusted
source on Google

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt) Limited on account of contraventions of the relevant laws and regulations.

The aforesaid exchange company, including its head office and outlets can no longer undertake any kind of foreign exchange related business activity.

Read Comments