The State Bank of Pakistan has published its Domestic Systemically Important Banks (D-SIBs) designations for 2025 under its D-SIB framework, requiring the designated banks to meet enhanced supervisory expectations and hold additional Common Equity Tier 1 (CET-1) capital. The annual assessment, based on banks’ financial statements as of December 31, 2024, designates National Bank of Pakistan, United Bank Limited and Habib Bank Limited as D-SIBs for 2025. National Bank of Pakistan (bucket D) must hold an additional 2.5% CET-1, while United Bank Limited and Habib Bank Limited (both bucket C) must each hold an additional 1.5% CET-1. Separately, branches of Global-Systemically Important Banks operating in Pakistan will be required to maintain additional CET-1 against their risk-weighted assets in Pakistan at the rate prescribed by the Financial Stability Board for their principal G-SIB. These additional CET-1 requirements apply with effect from March 31, 2026, alongside the enhanced supervisory requirements set out in the D-SIB framework.
State Bank of Pakistan 2025-08-29
State Bank of Pakistan designates National Bank of Pakistan, United Bank Limited and Habib Bank Limited as D-SIBs for 2025 with CET-1 surcharges from March 2026
The State Bank of Pakistan has designated National Bank of Pakistan, United Bank Limited, and Habib Bank Limited as Domestic Systemically Important Banks (D-SIBs) for 2025, requiring enhanced supervision and additional Common Equity Tier 1 (CET-1) capital. National Bank of Pakistan must hold an additional 2.5% CET-1, while United Bank Limited and Habib Bank Limited must each hold an additional 1.5% CET-1. These requirements, effective March 31, 2026, also apply to branches of Global-Systemically Important Banks in Pakistan.