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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.
These are the names of Islamic banks having accreditation licenses from the State Bank of Pakistan. Foreign banks. 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 (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC ...
No Governor Took office Left office Time in office 1 Zahid Hussain: 10 June 1948 19 July 1953 5 years, 40 days 2 Abdul Qadir: 20 July 1953 19 July 1960
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 ...
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. As of December 2022, it has over 1,500 branches across Pakistan.
The story of history of the Islamic Republic of Pakistan began on 14 August 1947 when the country came into being in the form of Dominion of Pakistan within the British Commonwealth as the result of Pakistan Movement and the partition of India. While the history of the Pakistani Nation according to the Pakistan government's official chronology ...
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]
The total GDP per capita stood between 8.4% (in the 1970s) and 8.3% (in 1993–96), periods of nationalisation.. The nationalisation process in Pakistan (or historically simply regarded as the "Nationalisation in Pakistan") was a policy measure programme in the economic history of Pakistan that negatively impacted the country's industrialization and undermined the trust of businessmen and ...