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The State Bank of Pakistan (SBP) (Urdu: بینک دَولتِ پاکِستان) 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.
MCB Bank Limited. MCB Islamic Bank Limited. Meezan Bank Limited. National Bank of Pakistan (NBP) Soneri Bank Limited. Standard Chartered Bank (Pakistan) Limited (SC Pakistan) Sindh Bank. The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) United Bank Limited (UBL)
In 2018, there were 50.565 million bank accounts in Pakistan for its population of 207.77 million, resulting in a penetration rate of 24.34%. There were 15,053 bank branches, 14,148 ATMs, and 53,269 POS machines active in the country. On 28 April 2022, the Federal Shariat Court (FSC) announced a verdict in a case on Riba, declaring all the ...
Number of employees. 14,962 [2] (2023) Website. www .nbp .com .pk. National Bank of Pakistan, abbreviated as NBP ( Urdu: نیشنل بینک آف پاکستان) is a Pakistani government -owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan.
At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2nd December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise imports. The consistent depreciation of the rupee is said to be deepening the economic crisis.
Ishrat Hussain. Ishrat Husain is a Pakistani banker and economist who served as the dean of the Institute of Business Administration (2008-2016) and the Governor of the State Bank of Pakistan (1999-2006). [2] He presently serves as Advisor to Prime Minister Imran Khan for Institutional Reforms & Austerity, in office since August 2018.
Pakistan Mint. Valuation. Inflation. 35.37% (2023) The Pakistani rupee ( ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.
In 2020, Murtaza Syed began a three-year term as Deputy Governor of the State Bank of Pakistan, appointed by the Federal Government under the State Bank of Pakistan Act 1956 (amended). [3] Syed has published multiple papers on macroeconomic issues and has lectured at Cambridge and Oxford Universities. [3]