SBP releases Ist annual performance review for financial year 17

SBP releases Ist annual performance review for financial year 17

KARACHI: The State Bank of Pakistan (SBP) on Tuesday released its Annual Performance Review for Financial Year2016-17

A statement of SBP on Tuesday pointed out that the Board of Directors of the State Bank on October 26, approved thefinancial statements and Annual Performance Review on the working of the bank and its subsidiaries for the year ended June 30.

The Annual Performance Review, including financial statements of the bank and its subsidiaries and the auditor's report thereon, has been released to the public and transmitted to the Federal Government pursuant to Section 40(2) of State Bank of Pakistan Act 1956.

The Annual Performance Review could be accessed at SBP website athttp://www.sbp.org.pk/reports/annual/arFY17/Vol-1/anul-index-eng.htm, the statement further pointed out.