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Pakistan assumes chairmanship of SCO Interbank Consortium

Pakistan has assumed the chairmanship of the Shanghai Cooperation Organisation Interbank Consortium (SCO-IBC) for 2026-27, with HBL Chairman Sultan Ali Allana taking over as chairman of the consortium. The development coincides with Pakistan’s chairmanship of the SCO for the same period. In a statement on Monday, the Ministry of Finance congratulated Allana on assuming the responsibility and reaffirmed Pakistan’s commitment to strengthening econ…

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Pakistan assumed the rotating chairmanship of the Shanghai Cooperation Organization Interbank Consortium (SCO-IC) for the 2026-2027 period. Sultan Ali Allana also began his term as the Consortium's chairman, a development that coincides with Pakistan's chairmanship of the SCO during the same period.

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Business Recorder broke the news on Monday, November 2, 2026.
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