SBP's Akhtar on the risk management paradigm

In the speech 'Pakistan - changing risk management paradigm - perspective of the regulator' given on 13 March Shamshad Akhtar of the State Bank of Pakistan said the changing economic and banking paradigm has increased the complexities and risk facing banks.

"While the industry has been bracing up to face the changing risk paradigms which have included not only enhanced exposures to corporate sector but now banks are extending their outreach to household sector, SME and microfinance whose

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