In this regard, SBP has always endeavored to meet the genuine  2  BIS central bankers’ speeches  credit needs of different sectors of the economy, thereby serving as a catalyst to the process of economic development.
As I have mentioned earlier in my speeches, efforts to bring Microfinance into the mainstream formal financial system started in 2000 & 2001 in the aftermath of the promulgation of the Microfinance Ordinance and, since then, we have witnessed the establishment of new microfinance banks, the transformations of large microfinance institutions, the diversification of funding sources, the development of inclusive financial services, the emergence of alternative delivery channels, and the piloting of “Microfinance – Credit Information Bureau” (MCIB).