Pakistan assumes SCO Interbank Consortium chairmanship for 2026-27
The Express Tribune • • 1 min read
Pakistan took over the Shanghai Cooperation Organisation Interbank Consortium’s chair for 2026-27 on Monday, with Habib Bank Limited Chairman Sultan Ali Allana named to lead the body. The Express Tribune reported that the Ministry of Finance announced the move on X, which aligns with Pakistan’s chairmanship of the wider SCO for the same term.
The consortium brings together banks from SCO member countries and was formed in 2005 to support investment financing and closer banking cooperation. The ministry said Pakistan intends to use its roles to promote regional trade, investment and financial links; HBL represents Pakistan in the consortium. Pakistan became a full SCO member in 2017, after holding observer status from 2005.
At a glance
- Pakistan will chair the SCO Interbank Consortium in 2026-27.
- HBL Chairman Sultan Ali Allana will lead the consortium.
- The ministry says the role supports regional financial cooperation.
Originally reported by The Express Tribune
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