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The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution , as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
Here is a list of the governors of the State Bank of Pakistan. [1] List of governors. No Governor Took office Left office Time in office 1 Zahid Hussain: 10 June 1948
Initially, PSPC was involved in the printing of security products such as banknotes, prize bonds, stamp papers, degree documents, machine readable passports, cheque books and stamps etc., however, in July 2017, State Bank of Pakistan acquired the company along with operations of Banknote and Prize Bond printing from the Ministry of Finance for ...
Deutsche Bank AG (Deutsche Bank Pakistan) Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) Standard Chartered Bank (Standard Chartered ...
The National Institute of Banking and Finance (NIBAF) is a subsidiary of the State Bank of Pakistan (SBP) head by the managing director, a board of directors and the governor of State Bank of Pakistan. NIBAF, a non-profit organisation, aims at providing training and development to central and commercial bankers at national as well as ...
Syed Salim Raza (also spelt Reza) is a British Pakistani banker and financier who served as the 15th Governor of State Bank of Pakistan. [ 1 ] [ 2 ] In September 2018, Raza was appointed to the Economic Advisory Council (Pakistan) , the Prime Minister's Economic Advisory Council.
In line with State Bank of Pakistan vision 2020 to enhance and promote financial inclusion, 1LINK launched Pakistan’s first domestic payment scheme – PayPak in April, 2016. [4] PayPak has 10% of market share in terms of volume of cards in the market. [5] While Visa has 40%, Mastercard and UnionPay have 25% each of market share. [5]
As the Deputy Governor (Banking and Financial Markets & Reserve Management) at the State Bank of Pakistan, Ahmed introduced a risk-based methodology for bank supervision, issued and implemented the latest international Basel capital adequacy standards, and established a depositors’ protection scheme.