Financial innovation fund worth 10m pounds to be setup: SBP chief

Financial innovation fund worth 10m pounds to be setup: SBP chief
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Summary Use of mobile phone help promote branchless banking in the country, says Shahid Kardar .

State Bank of Pakistan (SBP) Governor Shahid Kardar announced financial innovation fund worth of 10 million pounds.The governor inaugurated the “Branchless Banking: Government to Person Payments (G2P) Conference 2011”. The two-day conference is being hosted by the State Bank in collaboration with the UK Aid.
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