Question:

Can banks which are eligible by State bank of Pakistan, accept insurance policies as security?

by Guest5073  |  12 years, 8 month(s) ago

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My question regarding State bank of Pakistan, my question is Can banks which are eligible by State bank of Pakistan, accept insurance policies as security?

 Tags: accept, bank, banks, eligible, insurance, Pakistan, policies, Security

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1 ANSWERS

  1. Guest6033
    Assignment by State bank of Pakistan of insurance policies and guarantee of “A” rated insurance company are not acceptable securities under the existing Prudential Regulations.

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