State Bank of Pakistan Info

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On the 30th of December 1948 the British Government's commission distributed the Reserve Bank of

India's reserves between Pakistan and India −30 percent (750 M gold) for Pakistan and 70 percent for
India

the State Bank of Pakistan commenced operation on July 1, 1948.

the State Bank of Pakistan Act 1956 was introduced

In February 1994, the State Bank was given full autonomy

On January 21, 1997, this autonomy was further strengthened when the government issued three
Amendment Ordinances (which were approved by the Parliament in May 1997).

the State Bank of Pakistan Act, 1956, Banking Companies Ordinance, 1962 and Banks Nationalization
Act, 1974

The principal officer of the SBP is the Governor. Since 7 July 2017, the Governor has been Tariq Bajwa

The current Board of Directors consists of the following (there being two vacancies):[10]

 Tariq Bajwa (Governor SBP)


 Waqar Masood Khan (Secretary Finance)
 Tariq Hassan
 Hafiz Mohammad Yousaf
 Zubyr Soomro
 Khawaja Iqbal Hassan
 Ardeshir Khursheed Marker
 Bairum Khan
 Sarmad Amin
Banking in Pakistan
 State Bank of Pakistan
Central bank o National Institute of Banking and Finance

 HBL Pakistan
 MCB Bank Limited
Big Four  National Bank of Pakistan
 United Bank Limited Pakistan

 Allied Bank Limited


 Askari Bank
 Atlas Bank
 Bank AL Habib
 Bank Alfalah
 Bank of Khyber
 Bank of Punjab
 Faysal Bank
Commercial  First Women Bank
banking  Habib Metropolitan Bank
 Industrial Development Bank
 JS Bank
 NIB Bank
 Sindh Bank
 Soneri Bank
 Summit Bank
 Zarai Taraqiati Bank Limited

 FINCA Microfinance Bank Limited


 First MicroFinance Bank-Pakistan
Microfinance  Khushhali Bank
banking  NRSP Microfinance Bank
 Tameer Bank - Telenow Easypaisa

 BankIslami Pakistan
 Burj Bank
Islamic banking  Dubai Islamic Bank Pakistan Limited
 Meezan Bank

 Barclays
 HSBC Bank Middle East
Foreign banks  Royal Bank of Scotland
 Standard Chartered Pakistan

Defunct banks  Bank of Credit and Commerce International


 KASB Bank
 MyBank
 PICIC Commercial Bank
 Union Bank

Economy of Pakistan
 Numbering system
 Five-Year Plans
 Nationalization
 Privatization
 Corporatization
History  Fauji Foundation
 Islamic economization
 Economic liberalization
 Medium Term Development Framework
 Periods of stagflation

 Banking (List of banks)


Banking and
 Pakistan Remittance Initiative
finance
 Currency
 Mailing
o Postal codes
o Postage stamps
 Telecommunications
Communications o Dialing codes
o Internet
o Mobile network operators
o Telephone numbers
o Pakistan Remote Sensing Satellite

 Airlines
 Airports
 Bridges
 Motorways
 National highways
Transportation  Railways
o Railway stations
 Dry ports
 Seaports
 Vehicle plates

 Aerospace
Industry  Agriculture
o Fishery
o Livestock
o Rice production
o Tea
 Defence
 Automotive
 Books and publishing
 Cottage and small scale
 Forestry
 Information technology
 Insurance
 Mining
 Media
o Cinema
o Television
o Music
 Pharmaceuticals
 Real estate
 Textiles (Carpets and rugs)
o Silk
 Tourism
o Medical tourism

 Buildings
 Education
o Schools
o Universities
 Healthcare
o AIDS
Infrastructure o Hospitals
 Housing
 Poverty
 Science and technology
 Water supply and sanitation (Dams)
 Water resources management

 Electricity
 Fuel extraction
 Nuclear power
 Policy
 Power companies
Energy
 Power stations
 Renewable energy
o Solar power
o Wind power

Taxation  Federal Board of Revenue


 Tax on cash withdrawal

 Companies
 Islamabad / Karachi / Lahore stock exchanges
 Ministry of Commerce (Ministers)
 Ministry of Finance (Ministers)
 National Bank of Pakistan
Institutions
 Planning Commission
 Research institutes
 Securities and Exchange Commission
 State Bank of Pakistan (Governors)

 Billionaires
 Businesspeople
 Demographics
 Labour force (Child labour)
Society
 Public holidays
 Urbanisation
 Pensions

 Azad Kashmir
 Balochistan
 FATA
 Gilgit-Baltistan
 Islamabad
Domestic  Khyber Pakhtunkhwa
economies  Punjab
o Faisalabad
o Lahore
o Rawalpindi
 Sindh (Karachi)

Governors of the State Bank of Pakistan


 Zahid Hussain (1948–53)
 Abdul Qadir (1953–60)
 Shujaat Ali Hasnie (1960–67)
 Mahbubur Raschid (1967–71)
 Shahkurullah Durrani (1971–71)
 Ghulam Ishaq Khan (1971–75)
 S. Osman Ali (1975–78)
 Aftab Ghulam Nabi Kazi (1978–86)
 Vasim Aon Jafarey (1986–88)
 Imtiaz Alam Hanfi (1988–89)
 Kassim Parekh (1989–90)
 Imtiaz Alam Hanfi (1990–93)
 Muhammad Yaqub (1993–99)
 Ishrat Hussain (1999–2005)
 Shamshad Akhtar (2006–09)
 Salim Raza (2009–10)
 Shahid Hafeez Kardar (2010–11)
 Yasin Anwar (2011–14)
 Ashraf Mahmood Wathra (2014–17)
 Tariq Bajwa (2017–present)

Central banks
 Bank for International Settlements
 Basel Committee on Banking Supervision
Global
 Financial Stability Board

 Capital requirement
 Contractionary monetary policy
 Expansionary monetary policy
Policies  Basel II
 Basel III
 Basel 4

 Capital control
 Discount rate
 Interest rates
Implementation  Money creation
 Open market operation
 Sovereign wealth fund

 International Monetary Fund


 World Bank Group
o International Bank for Reconstruction and Development
Bretton Woods o International Centre for Settlement of Investment Disputes
system o International Development Association
o International Finance Corporation
o Multilateral Investment Guarantee Agency

 List of central banks


 Central banks and currencies of Africa
 Central banks and currencies of Asia-Pacific
Lists  Central banks and currencies of the Caribbean
 Central banks and currencies of Europe
 Central banks and currencies of Central America and South America

Categories:
 Governors of the State Bank of Pakistan
 State Bank of Pakistan
 Central banks
 Financial regulation in Pakistan
 Financial regulatory authorities of Pakistan
 1948 establishments in Pakistan
 Banks established in 1948
 Pakistan federal departments and agencies
 Government agencies established in 1948

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