While the Code is a voluntary code, to ensure greater adherence to the Code, we will also be outlining some steps we are taking in that regard next week in New York and will have a fuller suite of adherence mechanisms in London next year.
Ladies & gentlemen, branchless banking is moving at a phenomenal pace in Pakistan, and it should be our endeavor to achieve maximum benefits from these developments. Encouragingly, market environment for branchless banking is widely considered globally as one of the best. SBP has been promoting innovations in products and delivery channels through policy and regulatory measures and market interventions.