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SBP directs banks to open EKBNS fund account

SBP keeps policy rate unchanged at 7% for next two months
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Karachi

The State Bank of Pakistan (SBP) has issued instructions for opening accounts for raising funds through donations/ contributions for Prime Minister’s Ehsaas Koye Bhooka Na Soye (EKBNS) initiative.

The SBP said that the Finance Division has notified establishment of the subject Fund under the Prime Minister’s Ehsaas Koye Bhooka Na Soye initiative, to eliminate hunger in the country by providing meals to the people in need, especially those at risk of, or experiencing hunger.

In this regard, the State Bank of Pakistan (SBP) is pleased to announce opening of “Ehsaas: Koye Bhooka Na Soye (EKBNS) Fund Account-2021”, for raising funds through donations/contributions from general public to support the above initiative.

All the commercial banks and field offices of SBP Banking Services Corporation shall open the account of the Fund and shall receive donations/contributions in cash, through cheques, and through Alternate Delivery Channels (ADCs), at all their branches across the country.—LTP

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