Government of Pakistan State of Bank Pakistan June 16, 2004 BPD Circular No. 19 of 2004 The Chief Executives, All Scheduled Banks Dear Sirs / Madam, BRANCH LICENSING POLICY Please refer to BPD Circular No. 36 dated 3rd December 2002 and BPD Circular Letter No. 21 dated 27th June 2003 on the above subject. 2. In order t...