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SBP for adoption of Digital Supply Chain Finance solutions by banks
KARACHI, Jun 11 (APP): The State Bank of Pakistan, Tuesday, instructed banks to develop and implement digital solutions for supply chain finance within six months to leverage the technology for increasing the SMEs’ access to finance and digitizing retail payments.
In view of the critical importance of Digital Supply Chain Finance (DSCF), the central bank’s SME, Housing and Sustainable Finance Department, through a circular, instructed banks to develop and build their capacity in the DSCF and take measures for promoting DSCF on priority.
The circular requires banks to establish effective Supply Chain Finance (SCF) function having suitably trained HR and systems to develop and offer digital SCF products to the SMEs, said a statement issued here.
The banks have been advised to either develop their own digital solutions for SCF or partner with any Fintech or service providers for providing digital SCF.
The SBP hoped that DSCF solutions would not only increase access of SMEs to finance but also improve operational efficiency, reduce costs, and strengthen risk management practices.
In order to ensure implementation on the directives within the given time frame of six months, the SBP further instructed banks to develop a strategy for building the bank’s capacity in SCF and DSCF and share the same with the banking regulator within 3 months of issuance of the circular.
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Pakistan team reaches Tajikistan for FIFA WC qualifier
ISLAMABAD, Jun 11 (APP): The Pakistan national football team has reached for Tajikistan to play the FIFA World Cup 2026 qualifiers round 2 against the hosts.
Pakistan team had departed for Dushanbe, Tajikistan on a special Pakistan Air Force plane from Nur Khan Air Base.
Pakistan is set to play Tajikistan on Tuesday at 8pm Pakistan time.
Pakistan squad – Goalkeepers: Yousuf Butt (D), Saqib Hanif and Hassan Ali.
Defenders: Abdullah Iqbal (D), Mohammad Fazal (D), Haseeb Khan, Rao Omer Hayat, Mamoon Moosa, Mohammad Saddam, Waqar Ihtisham, Moin Ahmed and Abdul Rehman.
Midfielders: Rahis Nabi (D), Otis Khan (D), Ali Uzair, Umair Ali, Toqeer ul Hassan, Alamgir Ghazi and Ali Zafar.
Forwards: Imran Kayani (D), McKeal Abdulah, Fareedulah, Adeel Younas and Shayak Dost.









