Tajikistan delegation visits State Bank of Pakistan to study mobile financial services

Karachi: Visiting National Bank of Tajikistan delegation Friday visited State Bank of Pakistan and briefed by SBP Executive Director Muhammad Ashraf Khan on challenges, opportunities of financial inclusion and outlined different policy measures central bank has undertaken to foster mobile financial services in the country.

The visit facilitated by SBP Development Finance Group was sponsored by M/s Deutsche Gesellschaft f├╝rInternationale Zusammenarbeit GIZ – German International Cooperation under its Regional Program in Support of Microfinance in Central Asia to draw up road map for starting mobile financial services in Tajikistan.

The purpose was to understand regulatory framework for microfinance sector, mobile financial services; issues of supervision of agents; technological requirements; legislative provisions for payment system, oversight of electronic banking; experience of pilot financial institutions.

Tajik delegation had discussions with senior officials from SBP different departments, Tameer Microfinance Bank, United Bank Limited, MCB Commercial Bank, meetings with technology experts, observed demonstration of technological instruments for routing transactions, visited different agent locations to see how agents are providing different financial services to unbanked clients.

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