For those of us who, on top of being central bankers, are also bank supervisors, we must increase our efforts to incorporate the advantages of international standards, with the fundamental addition of a regional perspective. This means a thorough knowledge of the reality of each region to take into account the factors that affect its dynamic.
In 2001 SBP issued Microfinance Ordinance and supportive Prudential Regulations as well as guidelines to allow setting up of national and regional MFBs and now 6 national level MFBs are licensed.