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HomeBusinessThe State Bank directs commercial banks to open accounts for mosques.LNU...

The State Bank directs commercial banks to open accounts for mosques.LNU News

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LNAU posts,

The State Bank of Pakistan (SBP) wrote a letter to the heads of commercial banks directing them to open accounts for mosques, non-governmental organizations, non-profit organizations and charities, reported 24NewsHD TV channel on Thursday.

Stakeholders have expressed concern about not opening the account of the temple.

The trend of not opening accounts is an obstacle to the integration of financial and economic documents. Therefore, banks are directed to provide equal opportunities to all and also open bank accounts for Trust Societies and Associations.

SBP also advised banks to encourage unregistered mosques to get registered. .

Correspondent: Ashraf Khan

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