The requirement that a Loan Registration Number is obtained from SBP before ADs can register certain external loans should be eliminated
Reform IDF529
DescriptionBefore ADs could register certain external loans on behalf of their clients, they were required to first obtain a Loan Registration Number (LRN) from SBP, a process that could take up to a month. This step was required even though ADs already reported all loans and related transfers to SBP monthly, making the prior-approval LRN a redundant bottleneck that delayed legitimate loan disbursements and interest payments.
DepartmentState Bank of Pakistan - SBP
Jurisdiction / LocationFederal - Entire Pakistan
Sector
Start Date
Target Deadline15-04-2026
Date Enacted
Implementation StatusIn Progress
Progress 0%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence