State Bank of Pakistan Suspends the Authorization of an Exchange Company of ‘B’ Category

Karachi, September 08, 2023 (PPI-OT): State Bank of Pakistan has suspended, with immediate effect, the authorization of an Exchange Company -B Namely M/s Usman International Exchange Company -B (Pvt) Limited till further orders

due to serious violations of State Bank’s regulations and instructions. The Exchange Company -B Category, its head office and all branches have been debarred from undertaking any kind of business activity during the suspension period.

For more information, contact:

Chief Spokesman,

State Bank of Pakistan (SBP)

Central Directorate

I.I. Chundrigar Road, Karachi, Pakistan

Tel: +92-21-111-727-111

Tel: +92-21-39212562

Fax: +92-21-39212433 – 39212436

Email: chief.spokesperson@sbp.org.pk

Website: www.sbp.org.pk

Recent Posts