State Bank of Pakistan

Photo: SBP/Abbas Ali Khan
Brief History

The State Bank of Pakistan (SBP) was established on July 1, 1948. Since its inception, it has been playing active role in securing monetary stability in Pakistan, regulating the banking industry and fuller utilization of the country’s resources for promoting economic growth. Besides traditional functions of a central bank, like formulation and implementation of monetary policy, banker to the government, lender of the last resort, etc. SBP has also been performing non-traditional or

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