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Home Breaking News

SBP cancels license of M/s Karwan Exchange Company on regulatory violation

byCT Report
21/05/2021
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The State Bank of Pakistan (SBP) cancelled the license of an exchange company for violation the regulatory provisions.

The SBP said it cancelled the license of M/s Karwan Exchange Company ‘B’ (Pvt.) Limited on account of violations of SBP’s regulations.

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The said exchange company, including its head office and branches have been debarred from undertaking any kind of foreign exchange related business activity.

Tags: M/s Karawan Exchange CompanyState Bank of Pakistan

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